Singapore has raised more than S$1.1 million (US$862,000) from the first auction of luxury goods seized in the country’s S$3 billion (US$2.35 billion) money laundering case, with intense competition for handbags and
Samagi Jana Balawegaya (SJB) Member of Parliament, Kabir Hashim, raised serious concerns in Parliament today over the approval sought for a supplementary estimate aimed at reimbursing the Central Bank of Sri Lanka
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Dr. Ganeshan Wignarajah, in his capacity as an advisor to the Sri Lankan President, and member of the Geopolitical Cartographer board, as mentioned in the latest Indo-Pacific Defence Forum, dealt with the
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Adani Group’s extensive energy and infrastructure investments across Asia are now under intense scrutiny following the recent indictment of its billionaire founder, Gautam Adani, in a high-profile bribery and securities fraud case.
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The U.S. International Development Finance Corporation (DFC) has issued a statement addressing concerns raised in a report published yesterday by the Sri Lanka Guardian regarding the Colombo West International Terminal (CWIT) project.
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The US International Development Finance Corporation (DFC) has put its proposed $500 million loan to an Adani Group-backed port development project in Sri Lanka on hold, citing ongoing due diligence amidst bribery
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The U.S. Department of Justice has unveiled a sweeping indictment against prominent Indian business mogul Gautam S. Adani and senior executives from his renewable energy conglomerate, accusing them of orchestrating a bribery
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The People’s Struggle Alliance claimed that influential rice magnate Dudley Sirisena contributed substantial funds to sway the outcome of recent presidential elections. According to Indrananda de Silva, a parliamentary candidate from the
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Pubudu Jagoda, Colombo district candidate of the People’s Struggle Alliance, has raised serious concerns about Epic Lanka’s claims regarding their authority to issue passports in Sri Lanka. Speaking at a press conference
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An investigation by The Sunday Times and Channel 4’s Dispatches has revealed that the British royal family made nearly $65 million last year from a vast and secretive property portfolio, which spans
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Editor’s Note: In his recent address at the JICA Chair special program, Japan’s Ambassador to Sri Lanka, Mizukoshi Hideaki, discussed the significant economic transformation of Japan. The complete text of his speech
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Following the upcoming swearing-in of his new cabinet, President Anura Kumara Dissanayake is set to announce the revival of investigations into ten significant fraud and corruption cases that have plagued Sri Lanka
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Transparency International Sri Lanka (TISL) has escalated its concerns regarding a proposed mineral sands mining project in Puttalam, filing a formal complaint with the Human Rights Commission of Sri Lanka (HRCSL) on
More Mumbai, August 2024 – Eighteen months after Hindenburg Research published its damning report on the Adani Group, accusing the Indian conglomerate of operating “the largest con in corporate history,” the Securities and
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In 2012, the Department of Immigration & Emigration (DIE) contracted Mobitel, which is in effect a state-owned enterprise, to establish and operate an online gateway for foreigners wishing to apply for visas
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A fundamental rights petition (SC/FR/221/2024) was filed in the Supreme Court today (July 30) by Transparency International Sri Lanka (TISL) calling for action against the procedural violations and abuse of public trust
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