Successive pre-Aragalaya governments appointed Presidential Commissions of Inquiry (PCoI) as well as various other committees for specific purposes to dissipate pressure from contentious issues. This despicable strategy was also used to divert
Sri Lanka’s investigation into alleged irregularities in substandard coal imports has intensified, with a presidential commission questioning the general manager of the state-owned Lanka Coal Company over a letter relating to the
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Sri Lanka’s National Development Bank (NDB) suffered financial losses of approximately Rs 13.6 billion from fraudulent transactions, exceeding its initial disclosures by Rs 400 million, according to findings in a final audit
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A former senior CIA official pleaded guilty on Tuesday to wire fraud after prosecutors accused him of exploiting his government authority to acquire luxury property in Florida and hundreds of gold bars
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US authorities have arrested a California technology company owner accused of orchestrating almost US$300 million in sales of export-controlled Nvidia AI servers to China through Malaysia and Singapore, according to the US
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Serious allegations have been made over the tendering of commercial premises at Bandaranaike International Airport (BIA), with claims that national procurement guidelines and financial regulations were breached and that the state could
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Political analyst and journalist Kusal Perera has accused President Anura Kumara Dissanayake’s regime of presiding over corruption worth more in two years than the total value he attributes to nine years of
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A household inventory book from the official residence of Sri Lanka’s Speaker of Parliament, Jagath Wickramaratne, has gone missing while the Commission to Investigate Allegations of Bribery or Corruption is conducting an
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Swiss private bank Julius Baer committed serious violations of supervisory requirements covering risk management and anti-money-laundering controls, Switzerland’s financial regulator FINMA said on Tuesday after concluding an investigation into the bank. The
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Sri Lanka’s archaeology chief says the nearly 300-year-old casket formerly used for the Sacred Tooth Relic should be preserved as an archaeological heritage artifact, regardless of the monetary value of its gold.
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Years after Easter, the unanswered “mastermind” question has become far more than a demand for justice. It has become entangled with institutional authority, political influence and questions of financial transparency. As Cardinal
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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
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Sri Lanka’s opposition is preparing to bring a no-confidence motion against parliamentary Speaker Jagath Wickramaratne containing 46 allegations concerning his official activities and the use of state property and resources, according to
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Sri Lanka’s Supreme Court ruling clearing the 22nd Amendment to proceed without a referendum has done more than settle a constitutional question. It has opened a deeper debate over the balance of
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Sri Lanka Customs paid more than Rs41 million last year for day and night meals for customs officers at the port premises without following the prescribed procurement process, according to a newly
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Sri Lanka’s electricity consumers have lost access to around 32,350 megawatt-hours of lower-cost electricity from the Norochcholai Lakvijaya Power Plant after the final shipment of coal procured under emergency purchases arrived eight
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