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
Administrators managing the insolvency of Market Financial Solutions have launched explosive legal action against the company’s owner, Paresh Raja, accusing him of orchestrating the “systematic plundering” of the collapsed mortgage lender. According
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A major police operation in southern Sri Lanka has exposed what authorities believe is a sophisticated cross-border cybercrime network involving Indian nationals, highlighting the rapid evolution of digital fraud across South Asia.
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A former senior executive at a major U.S. defense contractor has been ordered to pay $10 million in restitution after admitting to stealing and selling highly sensitive hacking tools to a Russian
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HSBC’s recent disclosure of a “fraud-related” charge linked to the collapse of Market Financial Solutions (MFS) has placed the bank at the centre of one of the most consequential private credit failures
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Former Chief Executive Officer of SriLankan Airlines, Kapila Chandrasena, was found dead under suspicious circumstances at a residence in Colpetty, according to Police. His death occurred just hours after the Colombo Magistrate’s
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A government move to assign some Clean Sri Lanka representatives to Divisional Secretariats countrywide as coordinators has run into stiff resistance. The Sri Lanka Association of Divisional Secretaries and Assistant Divisional Secretaries (SLADA) has
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Hanoi has ordered a sharp escalation in intellectual property enforcement across Vietnam, mandating at least a 20 per cent year-on-year increase in cases for May, following a critical warning from the United
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Former parliamentarian Eran Wickramaratne’s unexpected move jolted the Samagi Jana Balawegaya (SJB). In spite of being aware of covert moves to bring in Wickramaratne as chief of the corruption-riddled Sri Lanka Cricket
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Argentina’s political landscape has been jolted by a widening constellation of corruption allegations encircling senior figures in President Javier Milei’s administration. At the epicentre now stands Manuel Adorni, Chief of Ministers, who
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The financial veil surrounding a controversial aircraft acquisition by Sri Lanka’s national carrier has been decisively lifted, revealing a costly leasing arrangement that has ignited debate over transparency, governance, and the use
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