SLPP and SLFP talks successful, more talks next week

TISL encouraged by convictions handed over to two ex-officials

Transparency International Sri Lanka (TISL) is encouraged by the convictions handed down by the Special High Court Trial-at-Bar, which sentenced the former President?s Chief of Staff I.H.K. Mahanama and the former Chairman of the State Timber Corporation P. Dissanayaka to 20 years and 12 years rigorous imprisonment respectively. Both men were found guilty of soliciting a bribe of Rs.100 million and accepting an advance payment of Rs. 20 million from an Indian businessman, who was the complainant

20 Dec, 2019

Sri Lankan slams latest revision of outlook by Fitch Ratings

Sri Lankan authorities reiterate that the recent rating action by Fitch Ratings to revise Sri Lanka?s Outlook to ?Negative? has been hastily done without considering facts on the ground. The Finance Ministry said that such action is untimely and constitutes a rush to judgement. This rating decision has mainly been based on the hypothesis that Sri Lanka would shift away from the revenue-based fiscal consolidation stance, thereby causing risks to debt sustainability. The authorities would like

19 Dec, 2019

Suspect arrested and granted bail for assaulting journalist

A suspect was arrested and later granted bail for assaulting a journalist outside the Colombo Chief Magistrate’s Court. Manjula Perera, son of United National Party (UNP) Kelaniya organiser Bewan Perera, was arrested after a Police complaint was made by Lake House photojournalist Gayan Pushpakumara. Pushpakumara accused Manjula Perera of assaulting him outside the Colombo Chief Magistrate’s Court when former Minister Champika Ranawaka was produced in court over a road accident.

19 Dec, 2019