Proroguing Sri Lankan Parliament seen as one option in Central Bank impasse


  Government experts are examining options of proroguing parliament as a way out of the impasse over the appointment of a new Central Bank Governor, informed sources said on Friday.

Friday, July 1, 2016   - 14   - 0 MORE

***Former Central Bank Governor Mahendran flies to Singapore


  Former Central Bank Governor Arjuna Mahendran, whose turbulent term of office ended on Thursday, left for Singapore a short while ago, reliable sources told the Sunday Times.

Friday, July 1, 2016   - 48   - 0 MORE

Udaya Gammanpila released on bail


United People's Freedom Alliance (UPFA) MP Udaya Gammanpila, who had been in remand custody over a fraud case, was released on bail today by the Colombo Fort Magistrate.

Friday, July 1, 2016   - 48   - 0 MORE

Last ditch effort by Arjuna to return as Governor fails


A last-ditch effort by Sri Lanka's outgoing Central Bank Governor Arjuna Mahendran to return as Governor– if cleared in a bond scandal probe – failed on Thursday due to the objections by Treasury Secretary R.

Thursday, June 30, 2016   - 260   - 0 MORE

Trishaw meets fiery end following accident


A three-wheeler that had allegedly been driven at high speed had been completely destroyed after it burst into flames following an accident at Pudukulam in Vavuniya yesterday.

Thursday, June 30, 2016   - 49   - 0 MORE

MR claims Govt. went on 'reckless borrowing binge'


Since January, last year, the Government has been on a 'reckless borrowing binge,' former President Mahinda Rajapaksa stated.

Thursday, June 30, 2016   - 71   - 0 MORE

Judicial mechanism will have confidence of all - Govt.


The Government has strategies and plans aimed at dealing with the 'serious and controversial issue' of setting up a judicial mechanism with international assistance to probe alleged human rights abuses during the war, Sri Lanka's Foreign Minister Mangala Samaraweera said.

Thursday, June 30, 2016   - 38   - 0 MORE

Bribery Commission files case against Namal Rajapaksa


The Commission to Investigate Allegations of Bribery or Corruption (CIABOC), has filed action against Parliamentarian Namal Rajapaksa in the Supreme Court on charges of contempt.

Thursday, June 30, 2016   - 97   - 0 MORE

Fonseka obtains UNP membership


Field Marshal and Government Minister Sarath Fonseka obtained membership of the United National Party (UNP) today.

Thursday, June 30, 2016   - 55   - 0 MORE



Sunday, June 26, 2016