Sri Lankan parliamentarian Namal Rajapaksa was arrested on Friday morning by the Commission to Investigate Allegations of Bribery or Corruption while appearing before the commission to provide a statement concerning the purchase
Sri Lanka’s Merchant Shipping Secretariat (MSS) has launched an investigation after the captain of an Indonesian-flagged vessel alleged that he paid a USD 5,000 bribe to facilitate what sources described as a
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The latest deplorable revelations in the Committee on Public Finance (COPF) report ‘The Fraud Linked to Cybercrime in the US Dollar 2.5 Million Debt Repayment to Australia’, presented to parliament on July 10th tells
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Sri Lanka just lost 2.5 million dollars to a hacker, and the two institutions responsible for guarding the country’s money are spending more energy dodging blame than explaining how it happened. That
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The ruling National People’s Power (NPP) government last week emphasised, in no uncertain terms, that it wouldn’t tolerate the growing Opposition challenge. Amidst the growing controversy over the continuing detention of retired
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Sócrates Brasileiro Sampaio de Souza Vieira de Oliveira, the Brazilian midfielder widely known as Sócrates, spent his career challenging the political and economic forces shaping modern football, warning that the sport’s growing
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Indonesia has begun a sweeping crackdown targeting major palm oil producers over allegations of under-invoicing and transfer pricing in commodity exports, raising pressure on some of the country’s most powerful agribusiness groups.
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Today (22 May), the Matara Magistrate’s Court in Sri Lanka issued an arrest warrant for former minister Basil Rajapaksa after the court concluded that he had repeatedly failed to appear for scheduled
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by Our Correspondent in Colombo Allegations have emerged in Sri Lanka that a major company linked to a politically connected businessman may have secured a significant financial advantage by acting ahead of
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Editorial Sri Lanka’s banking sector is facing a widening credibility crisis driven by multiple allegations of large-scale financial misconduct, internal collusion, and regulatory failure. The names now being repeatedly discussed are not
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by Our Correspondent in Colombo The Governor of Sri Lanka’s Western Province, Mohomad Hanif Yusuf, has reportedly submitted his resignation letter to the President, according to senior government sources. Following the submission,
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