Nawaloka in danger: Business moguls line up to buy hospital

Published

7 months ago

October 20, 2023

editor

The Nawaloka Hospital is in danger of collapsing due to obtaining loans amounting to nearly 2.3 billion rupees from five local banks in Sri Lanka, it is learnt.

Accordingly, the hospital has to pay Rs.335 million as its monthly loan installment.

The hospital has obtained loans from the Hatton National Bank, People’s Bank, Bank of Ceylon, DFCC Bank and the Commercial Bank.

If the hospital collapses without being able to pay debts, experts in the health sector said that it will have a negative impact on the health sector.

The Nawaloka Hospital has a large treatment capacity of about 800 beds and there is no other private hospital with such a large capacity.

Health sector sources said that the Asiri Hospital can treat only 650 in-house patients.

However, the Hatton National Bank had issued notices for the auction of the land in Colombo 02 where the Nawaloka Hospital is located.

The Dharmadasa family headed by Jayantha Dharmadasa owns the majority of shares in Nawaloka Hospital.

The list of its shareholders and directors is given below.

Meanwhile, sources in the business sector said that the only way out of the current debt situation is for the hospital to sell more shares.

Meanwhile, it was reported that prominent businessmen Harry Jayawardena, Ishara Nanayakkara, Dhammika Perera and Ashok Pathirage had shown interest in buying more shares of the hospital.

Sources said that these businessmen own a large amount of shares in several banks from which the Nawaloka Hospital has taken loans and this will place the hospital at a great risk in the future.

Rathupaswala shooting: Army personnel acquitted

Published

3 hours ago

May 17, 2024

editor

All four Sri Lanka Army personnel who had been indicted on charges of shooting dead three persons and injuring 45 others during a protest by villagers demanding clean drinking water in Rathupaswala in 2013 were today acquitted by the Gampaha High Court Trial-at-Bar.

Delivering its verdict, the three-judge High Court ordered the acquittal and release of all four accused – a Major and three Army soldiers.

The incident occurred on August 1, 2013, when army personnel opened fire on a protest by villagers in Weliweriya. The villagers were protesting against a factory which they said was contaminating groundwater in their area and were demanding clean drinking water.

(sundaytimes.lk)

News

Fmr. Army Chief joins SJB

Published

5 hours ago

May 17, 2024

nipuni

Former Army Commander Retired General Mahesh Senanayake has joined with the Samagi Jana Balawegaya (SJB).

In a Facebook post, party leader Sajith Premadasa said that the Former Army Chief joined the SJB to support the program to rebuild Sri Lanka.

Mr. Premadasa had appointed General Mahesh Senanayake as the Chief of the Samagi Ranaviru Balawegaya.

News

Colombo HC sentences 9 Pakistani drug traffickers to 10 years in prison

Published

6 hours ago

May 17, 2024

nipuni

Nine Pakistani nationals, who were arrested on charges of smuggling a large cache of drugs, have been sentenced to 10 years in prison by the Colombo High Court.

During a joint operation carried out by the Police Narcotics Bureau (PNB) and the Sri Lanka Navy on January 01, 2020, the Pakistani nationals were apprehended while transporting 614 kg of ‘Ice’ (Crystal Methamphetamine) and 581 kg and 34 grams of suspected drugs by boat.

The report of the Government Analyst has confirmed that the seized parcels contained over 491 kilograms of ‘Ketamine’ drugs and nearly 472 kilograms of ‘Ice’ (Crystal Methamphetamine).

The accused pleaded guilty to the charges when the case was taken up before the court, and were subsequently sentenced to 10 years in prison, police said.

Furthermore, the police mentioned that measures are underway to extradite the suspects to Pakistan in order to serve their sentences.

(adaderana.lk)

(This story, originally published by adaderana.lk has not been edited by SLM staff)