by Our Correspondent in Colombo Serious allegations have emerged in Sri Lanka against Hatton National Bank (HNB), a prominent private sector bank, with multiple customers claiming that the institution has been quietly
For years, offshore trusts offered China’s wealthiest individuals a sophisticated way to protect assets, plan succession and, in some cases, reduce their tax exposure. Now, that once-familiar route into the grey zones
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A striking contradiction is emerging at the heart of the Trump administration’s attempt to dismantle America’s federal greenhouse gas reporting system: major oil and gas companies are seeking weaker requirements for measuring
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Start with what he said, because he said it first, before anyone made him. His counsel stood in the Court of Appeal and told the bench that some people ask why the
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by Our Correspondent in Washington DC Sri Lanka has been named alongside Bangladesh, Cambodia, Laos and the Philippines as a Southeast Asian “microhub” within what a US report describes as China’s global
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Spanish investigators are examining an alleged money-laundering network used to conceal the proceeds of a major cocaine trafficking operation centred on the port of Valencia, with suspected funds traced through property companies,
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Indonesia’s Attorney General’s Office (AGO) has accused two tax officers of accepting bribes from listed pulp producer Toba Pulp Lestari in connection with alleged under-invoicing that prosecutors estimate caused state losses of
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by Durga Velayudham A marriage certificate is not merely a piece of paper recording a private relationship. In a legal system founded upon registration, it is an official record created through a
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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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by Our Correspondent in Colombo As Cardinal Malcolm Ranjith rejects the death penalty while continuing to demand answers over the Easter Sunday attacks, a more fundamental question is becoming increasingly difficult to
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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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