A Sri Lankan court on Wednesday ordered the immediate release of US$916,537 held at the state-owned Bank of Ceylon and its return to Taiwan’s Far Eastern International Bank, the bank from which
The Central Bank bond scandal of 2015 remains Sri Lanka’s most notorious financial fraud, and its transnational ramifications continue to test the limits of international law. Despite Sri Lanka’s decade, long pursuit
MoreIn what has been hailed as a landmark environmental ruling, Sri Lanka’s Supreme Court recently ordered the operators of the MV X-Press Pearl to pay USD 1 billion in compensation for the
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