Thajudeen’s body buried again in Dehiwala

CB takes action on ETI Finance and Swarnamahal Financial Services

The Monetary Board of the Central Bank of Sri Lanka, having?considered the weak financial performances of the ETI Finance Ltd. (ETIF) and Swarnamahal?Financial Services PLC (SFSP) with a view to safeguard the interests of the depositors and other?creditors of the two companies, and to ensure safety and soundness of the financial system, decided?to take regulatory action, as a temporary measure, under the provisions of the?Finance Business Act No. 42 of 2011, with immediate effect, the Central Ba

02 Jan, 2018

UNP backs implementing recommendations of commission

The United National Party (UNP) says it backs implementing the recommendations in the report by the Presidential?commission investigating the treasury bond scam. UNP member of Parliament Ajith P. Perera told the BBC Sinhala service that the report clears allegations raised against Prime Minister and UNP leader Ranil Wickremesinghe in the scam. He said the UNP also backs the recommendation that legal action be taken against former Finance Minister Ravi Karunanayake and?Perpetual Treasuries head

03 Jan, 2018

Two arrested over death of British national in Maligawatte

The Police said that two suspects have been arrested over the death of a British national in?Maligawatte, The Police said that the suspects had in their possession some personal belongings of the British man. The 38-year-old British national was found dead at Araliya Uyana in Maligawatta this week. The body was found with wounds caused by a sharp object. According to reports, the?British national had arrived in Sri Lanka in November and was scheduled to leave the country this week but he had

04 Jan, 2018