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Palisena asked to hand over communication devices to Bond Commission

The Presidential Commission of Inquiry appointed to investigate and inquire into the issuance of Treasury Bonds has ordered the CEO of Perpetual Treasuries, Kasun Palisena to hand over all communication devices he had used since 2015. On July 28, Commission member Supreme Court judge Prasanna Jayawardene had stated that the …

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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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Insurance Industry records growth of 17% in 1Q 2017

The insurance industry recorded a growth of 17.10%, in terms of Gross Written Premium (GWP), during the first quarter of year 2017 when compared to the same period in the year 2016.   The GWP for Long Term Insurance and General Insurance Businesses for the first quarter ending 31st March …

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