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
Italian authorities have intercepted more than 1,000 tons of illegal textile waste as part of JCO Demeter XI, an international operation led by the World Customs Organization (WCO). Out of a total
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A heated dispute has emerged in Sri Lanka after former minister Patali Champika Ranawaka alleged that ten ships carrying substandard coal have already been imported in violation of tender conditions, with a
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Sri Lanka’s energy administration has been shaken by the resignation of the chairman of Lanka Coal Company, with his departure letter alleging undue interference in coal procurement processes and prompting renewed scrutiny
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Authorities have uncovered a series of alleged fraud operations involving public sector employees, intensifying scrutiny over abuse of trust and influence in state institutions. In one case, the Central Crime Investigation Bureau
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The government of Sri Lanka has initiated decisive measures to rein in informal microfinance operators accused of exploiting economically vulnerable communities, signaling a major shift in the country’s financial oversight framework. Officials
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A partner at KPMG Australia has been fined A$10,000 (£5,200) for using an artificial intelligence tool to cheat on an internal training course about AI, prompting questions about ethics and oversight in
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HSBC and Barclays are facing a $12 billion lawsuit in the United States over their alleged roles in an offshore trust business suspected of large-scale fraud and linked to the Jeffrey Epstein
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Sri Lanka’s public service is once again engulfed in controversy, as disputes surrounding senior civil servants expose a deeper, long-running crisis at the heart of the state. The recent controversy involving Attorney
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Sri Lanka’s energy sector is now mired in a scandal so blatant that it has stripped away any remaining pretence of clean governance. The importation and continued use of substandard coal at
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Sri Lanka’s anti-corruption landscape has come under renewed scrutiny following the release of the 2025 Progress Report of the Commission to Investigate Allegations of Bribery or Corruption, revealing widespread procedural failures across
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