China has adopted a new law targeting cross-border corruption and ratified an agreement establishing the World Artificial Intelligence Cooperation Organization, as part of a series of legislative decisions approved by the Standing
It has been revealed that during a loan instalment settlement executed through the General Treasury, USD 2.5 million belonging to the Central Bank of Sri Lanka was diverted to an unauthorised third
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Editorial There is something deeply unsettling about a country fighting corruption while simultaneously contemplating a legal mechanism that could allow a participant in corruption to escape prosecution by telling the authorities what
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Corruption is not new. It appears wherever people have power over scarce resources. No country, ideology or political system is immune. It is not a rare mistake that a “good leader” can
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According to Der Spiegel, the extraordinary rise of Jason Arday, until recently a professor at the University of Cambridge, has become the centre of a scandal extending far beyond one academic career.
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Former Ukrainian Defence Minister Mykhailo Fedorov has said his dismissal from office was primarily driven by his efforts to overhaul Ukraine’s military procurement system, arguing that reforms aimed at increasing transparency and
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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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