Rush for “no questions-asked” foreign exchange deposits

Sri Lanka has been inundated with requests to open Special Deposit Accounts (SDAs) declared by the government in April with everyone from foreign monthly wage earners to high net worth individuals cashing in, in a mad rush to invest. Many bankers are hoping that this won’t be a funnel for inventive black money moguls to pump in fresh sums into the economy through these ‘no questions asked’ accounts. Prime Minister Mahinda Rajapaksa in April announced that Sri Lankans or Sri Lankan expatriates could deposit funds in the special account for…

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Order to print ballot papers: Hoole perplexed

Member of the Election Commission (EC) Prof. Ratnajeevan Hoole said he was unaware as to why the Government Printer had been instructed to print ballot papers. “Since there was no clear date set for the election, I feel it is a bit premature to order the printing of ballot papers. What if the nominations are cancelled and need to be recalled? There are many possibilities, so must wait and see how the Supreme Court (SC) rules,” he told The Sunday Morning. On Thursday, the media reported that Chairman of the…

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Zahran’s rationale behind Easter attacks revealed

Senior Officer of the Terrorism Investigation Division (TID) revealed Zahran Hashim’s list of reasons for choosing Sri Lanka as the location of the attack, to the Presidential Commission of Inquiry probing the bombings that took place on Easter Sunday 2019. Some of the reasons cited, in previously unreleased video footage of the bombers, was revenge for the Christchurch mosque shooting in New Zealand in March 2019 alleged insult to the Islamic faith and in the hope the attack could inspire more Sri Lankan Muslims to gather around the Islamic State…

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General Elections 2020: A Defining Moment for Sri Lanka Friday Forum

A headline in a newspaper of May 23rd quoted the Prime Minister as having said, “President and Cabinet can efficiently manage the country without parliament” (Daily Mirror May 23, 2020). The President has stated, and has been quoted many times in the media, as saying that he will not in any circumstances re-summon the dissolved ‘old” Parliament. Both the President and the Prime Minister have indicated that they await the general elections 2020, and the summoning of the “new” Parliament. Yet most candidates contesting the forthcoming general elections 2020 are…

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STF has a major role in countering extremism and combating organised crimes – Defence Secretary

Says STF will be in high demand in countering drug mafia Says the STF has a greater responsibility in countering radicalized religious extremist groups Commends the sacrifices made by STF troops during the war against LTTE terrorism Defence Secretary Maj.Gen. (Retd) Kamal Gunaratne said the Special Task Force (STF) has a major role to play in countering extremism and organised crimes, including drug mafia. Addressing the STF troops during his maiden visit to STF headquarters since he assumed duties as the Defence Secretary, Maj. Gen. Gunaratne commended the contribution given…

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Sirisena’s 13 million rupee medical procedure who has access to free healthcare at the UK NHS.

Recently the Colombo Telegraph exposed how a Rs 700,000 personal air ticket bonanza was given to Sri Lanka’s current High Commissioner in London, courtesy tax payers by Foreign Secretary Ravinatha Aryasinha. Saroja Sirisena Colombo Telegraph can now reveal that the actual financial ‘gifts’ to Saroja Sirisena from Aryasinha is in the range of at least 13 million rupees and were billed to the Lankan tax-payer in 2019. Colombo Telegraph previously exposed that On 23 August 2019 Foreign Secretary Aryasinha approved a sum of Euro 3150 (Rs 637,680 at the current exchange rate) for then Ambassador to Austria Saroja…

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Gota’s ‘One Country One Law’ Doctrine In Shambles

A six day funeral for CWC leader Arumugam Thondaman, the SLPP aligned upcountry politico has sparked outrage with thousands of people violating curfew and flouting social distancing regulations in the Hill Country and Colombo to pay respects with the police turning a blind eye to the fiasco. According to official police figures more than 65,000 people have been arrested throughout the island for violating the quarantine curfew. Scores have been arrested for failing to wear face-masks outdoors since the quarantine ended. President Gotabaya Rajapaksa’s Government has actively propagated the doctrine “one country-one…

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