Day: 3 May 2016

Sri Lanka sets up panel to investigate ‘Panama Papers’

Cash-strapped Sri Lanka announced on Sunday (May 1) it was setting up a special panel to chase after nationals likely to figure in the “Panama Papers,” a trove of leaked documents on global tax evasion. The government, which came to power in January last year on a promise to clean up corruption, has accused former …

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Mammoth crowds attend May day rallies.! Largest crowd at UNP rally ; SLFP rogues’ challenge to Maithri a damp squib.! (photos and videos)

The view hitherto that SLFP majority is with Rajapakses crashes headlong..! (Lanka-e-News- 01.May.2016, 11.45PM) The May day rallies this year which also served to search the popularity and strength of the main political parties concluded this evening. Based on reports of the intelligence divisions , the largest crowd around 60,000 to 75,000 people attended the …

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‘MS-Ranil govt. on firm ground: time to focus on getting things done’

‘MS-Ranil govt. on firm ground: time to focus on getting things done’ By Dinesh Weerakkody To those public servants, businessman and politicians sitting on the fence waiting for the unexpected, President Maithripala Sirisena at the breakfast meeting with the editors on Wednesday fired on all cylinders at certain MPs and the former President Mahinda Rajapaksa, …

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Of taxation, Inland Revenue and Panama Papers

Court vacation always permits that little bit of extra time to pen something down and the occasion arose when former Dep. Governor of the Central Bank Dr. Wijewardene, Island Editor Shamindra Ferdinando and I were invited by Sirasa TV last Monday for a dialogue on this general theme. Immediately the following evening (Tuesday) our good …

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”13th amendment should be fully implemented to reach a suitable political solution” says Douglas Devananda

BY Mirudhula Thambiah General Secretary of Eelam People’s Democratic Party(EPDP) K.N. Douglas Devananda commenting on the new political stand taken by one of his party hierarchy members Murugesu Chandrakumar said, political decisions in the EPDP were reached with the contribution and involvement of Chandrakumar until recently, thus there cannot be any divergence between the party …

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Which Party had the most numbers on May Day? – Sri Lanka’s political numbers game at May Day

ECONOMYNEXT, Sri Lanka’s political parties used this year’s May Day rallies to demonstrate their strength in a spirited contest to woo audiences, but the real winner appears to be the state Transport Board (SLTB). Unlike in previous years, the state-run bus giant chartered some 3,800 busses for political rallies and all had to pay up …

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