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Opposition using bond scam for narrow political gain – Marikkar

MP S.M. Marikkar stated that members of government opposition parties have been using the allegations made against members of the current government regarding the Bond scam for narrow political gain. He further added that investigations should promptly be made on the discrepancies made by the current and former government. The …

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Govt to divest luxury hotel firms after port sale

The Governmnent yesterday announced plans  to sell off two state-owned luxury hotel companies following its billion-dollar privatisation of a loss-making port.   Government spokesman Rajitha Senaratne said ministers approved the seeking of bids for a 51 percent stake in Hotel Developers (Lanka) plc, whose luxury hotel in Colombo is managed …

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FCID tasked with the investigation of Rs 370 million fraud within PTD

Minister of Justice Mr. Wijedasa Rajapaksa stated that the unflinching political power and loyalty, coupled several underhanded practices and the appointment of unfit personnel, caused the collapse of several government entities including the Public Trustee Department. He also stated that during the coming few weeks, steps have been taken to …

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UNP to decide after Ravi’s responds to allegations

The United National Party (UNP) is likely to take a decision on Foreign Affairs Minister Ravi Karunanayake based on his response to the allegations made against him at the Presidential Commission of Inquiry (PCoI), informed sources said yesterday. A large number of UNP MPs have sought a meeting with Prime …

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