An internal investigation into an alleged large-scale fuel fraud at Sri Lanka’s Norochcholai Lakvijaya coal power plant has found that diesel worth more than Rs160 million issued for the facility was not
Klaus Schwab, the influential founder of the World Economic Forum (WEF) and architect of the annual Davos summit, has stepped down as chair of the organization’s board of trustees amid mounting whistleblower
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by A Special Correspondent in Colombo Six years after the Easter Sunday bombings in Sri Lanka, a new report by the Centre for Society and Religion (CSR) reveals that Rs. 350.7 million
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Former Peruvian President Ollanta Humala has been sentenced to 15 years in prison for laundering more than $3 million in illicit campaign funds, becoming the latest in a long line of the
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Tulip Siddiq, the Labour MP for Hampstead and Highgate, has strongly denied any wrongdoing after Bangladeshi authorities issued an arrest warrant in connection with corruption allegations. The allegations relate to claims that
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Ahead of Indian Prime Minister Narendra Modi’s upcoming visit to Sri Lanka, a significant diplomatic discussion took place between Chinese officials and President Ranil Wickremesinghe, according to Mawurata News, Sinhalese-language weekly publication
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Two scandals on opposite sides of the globe are shaking public trust in national leadership—from royal advisers allegedly brushing off MI5 warnings in the UK, to Israeli Prime Minister Benjamin Netanyahu’s inner
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Chinese authorities have launched an investigation into Liu Tianran, the son of Liu He, the former vice-premier and economic advisor to President Xi Jinping, according to sources familiar with the probe. Liu
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Few billionaires, including those in President Donald Trump’s Cabinet, wield as much influence as the tech moguls who shadowed him at his inauguration. Elon Musk, now one of the president’s closest allies, is
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by Our Economic Affairs Editor The spectres of debt, mismanagement, and corruption loom omnipresent, draining the nation of its vitality, eroding its institutions, and rendering its citizenry mere spectators to their own
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In March 2025, Türkiye experienced a wave of political unrest following the detention of İstanbul Mayor Ekrem İmamoğlu and several municipal officials. These events triggered nationwide protests and renewed calls for boycotts
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Former French President Nicolas Sarkozy is awaiting a verdict in a landmark corruption trial linked to allegations that he accepted millions of euros from the late Libyan dictator Muammer Gaddafi to finance
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In a major financial scandal that has sent shockwaves through the UK’s higher education sector, students at six universities have fraudulently secured more than £7 million in student loans over the past
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In a world where cryptocurrency continues to thrive, it is also being exploited for some of the darkest and most illicit activities. A recent report by MIT Technology Review unveils the sinister
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Harvard’s endowment is a staggering $51 billion. That’s larger than the GDP of more than 120 nations – and all the money is tax-free. Taxing just 1% of Harvard’s endowment could make
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I am already on record saying that the present NPP cabinet is probably the most honest cabinet there has been in my lifetime. But today’s story shows what might be the first
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