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Gazette on Bill to set up Microfinance Authority, issued

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A gazette notification with regard to the relevant Bill to establish the Micro-Finance and Loan Regulation Authority, has been issued.

The gazette is issued on the directives of the Minister of Finance, Economic Stabilization and National Policies.

Last month, cabinet approval was granted to publish a draft law on Micro-Finance and Loan Regulation Authority and the Attorney general had cleared the draft bills for the Authority body.

An existing Micro-finance and Loan Regulation Act No. 6 of 2016 is to be repealed.

The Bill will be tabled before Parliament next week for its first reading.

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CID tells Maithripala’s statements contradict each other

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The Criminal Investigations Department (CID) conducting investigations into the controversial revelation made by former President Maithripala Sirisena regarding the Easter Sunday bomb attacks, informed court that his two statements given to the CID and evidence gathered from CCTV footage contradict each other.

 Counsel Rajitha Lakmal, appearing for Parliamentarian Kavinda Jayawardena, moved the court to issue an order for the former President’s arrest if he has provided false statements by concealing the truth. Considering the facts, Maligakanda Magistrate Lochani Abeywickrema directed the CID to take necessary action regarding former President Sirisena if he has committed something with criminal liability. The progress of the investigation was ordered to be reported to the court on July 26.

The CID had filed a facts report before Maligakanda Magistrate’s Court regarding the statement the former President had made recently. Minister of Public Security Tiran Alles had instructed the Inspector General of Police to conduct a comprehensive investigation into the statement made by the former President in Kandy that he knew the people involved in the Easter Sunday bomb attacks on 21 April 2019.

(dailymirror.lk)

(Except for the headline, this story, originally published by dailymirror.lk has not been edited by SLM staff)

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Supreme Court moves another petition by Diana Gamage

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The Supreme Court has ordered that the petition filed by former State Minister Diana Gamage challenging a decision taken by the Samagi Jana Balawegaya (SJB) to cancel her party membership, be called on May 28.

This petition was taken up before the three-member Supreme Court bench consisting of Justices Gamini Amarasekara, Kumuduni Wickremesinghe and Mahinda Samayawardhena today (10).

At the time, President’s Counsel Faiszer Musthapha who appeared for the petitioner Diana Gamage, requested for a date to inform the court of the decision to be taken regarding this petition.

Accordingly, the judge bench ordered that the relevant petition be called on May 28 and that the decision regarding the maintaining of this petition be announced on the relevant date.

Leader of the  Opposition Sajith Premadasa, General Secretary of the SJB Ranjith Madduma Bandara and several others have been named as respondents in this petition.

The SJB had earlier decided to expel Diana Gamage from the party citing that she had failed to comply with the unanimous decision taken by the party to vote against the 20th Amendment to the Constitution, by voting in favour. The SJB had also highlighted that this was a serious violation of party discipline, and that the Opposition Leader and the SJB’s leader Sajith Premadasa decided to suspend her party membership for the reputation or well-being and prosperity of the party.(adaderana.lk)

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

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US Assistant Secretary Donald Lu to visit SL

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Assistant Secretary of State for South and Central Asian Affairs Donald Lu will travel to India, Sri Lanka, and Bangladesh May 10 -15.

His trip will strengthen bilateral cooperation with each country and demonstrate U.S. support for a free, open, and prosperous Indo-Pacific region.

In Chennai, Assistant Secretary Lu will meet with Consulate personnel to bolster bilateral engagement in southern India.

He will then travel to Colombo to engage with officials from across the political spectrum and deepen the United States’ partnership with Sri Lanka. In his meetings, he will reaffirm the United States’ support for Sri Lanka’s economic recovery, as well as the importance of a robust civil society as a cornerstone of a free and democratic society.

Assistant Secretary Lu will conclude his trip in Dhaka, where he will meet with government officials, civil society leaders, and other Bangladeshis to discuss U.S.-Bangladesh cooperation, including on addressing the climate crisis and deepening economic ties.

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