News

2 Cabinet decisions on Crude Oil purchasing

Published

2 years ago

October 31, 2023

editor

Bids have been called to award a long term contract for the purchase of crude oil under the methodology of payment at the 100% issuance from stored tanks basis pertaining to 03 shipment stocks of crude oil during the period from Jan. 15, 2024 – June 14, 2024 whereas two (02) bids in the connection have been received.

Approval of the Cabinet of Ministers was granted to the resolution furnished by the Minister of Electricity and Power to award the relevant procurement to M/s Vitol Asia Pte. Ltd. of Singapore subject to the recommendation submitted by the special fixed procurement committee appointed by the Cabinet of Ministers in regard to the said bids.

Meanwhile, 03 bids have been received in relation to the bidding for awarding long term contract for purchase by a letter of credit on the basis of payment in 30 days in regard to 03 shipments of crude oil during the period from Jan. 15, 2024 – June 14, 2024.

Cabinet approval has been granted to the resolution furnished by the Minister of Electricity and Power to award the relevant procurement to M/s Coral Energy DMCC, UAE, subject to the recommendation submitted by the special fixed procurement committee appointed by the Cabinet of Ministers in regard to the said bids.

News

Court summons ex-AGM of People’s bank over major fraud

Published

35 minutes ago

July 3, 2025

editor

The Attorney General has filed a case against one Vithanage Don Dayananda, a former Assistant General Manager (AGM) at People’s Bank head office, for allegedly preparing and using a forged document related to a Rs.2,000 million personal guarantee bond.

Colombo High Court Judge Lanka Jayaratne has fixed the case (HC 39/2019) for trial on October 30. When the case was called on July 01, the accused had appeared in court.

It is alleged that around June 01, 2006, in Colombo, the accused knowingly prepared a forged document purporting to show that a personal guarantee bond, allegedly signed and dated July 27, 1995, by directors of Yashoda Holdings (Pvt) Ltd.had been submitted to the bank’s head office.

Despite being well aware that the document was a forged one, he had allegedly presented it as genuine evidence during the Commercial High Court Case No. 122/2004.

Therefore, the Attorney General has charged him under Section 459 of the Penal Code.

Related News :

Court orders CID to probe Rs.90 mn. fraud at People’s Bank

News

2nd round of Grade 06 admission appeals open online today

Published

1 hour ago

July 3, 2025

editor

The Ministry of Education has announced that online appeals for the second round of Grade 06 admissions in 2025, based on the 2024 Grade 05 Scholarship Examination results, can be submitted from today (July 03) until July 17.

Parents or guardians can submit appeals for up to three schools by visiting the official website of the Ministry of Education at www.moe.gov.lk or directly via the extension at g6application.moe.gov.lk.

News

Several showers expected today

Published

2 hours ago

July 3, 2025

editor

Several spells of showers will occur in the Western, Sabaragamuwa and North-western provinces and in Nuwara-Eliya, Kandy, Galle and Matara districts today (July 03), the Department of Meteorology said.

Showers or thundershowers may occur at a few places in the Uva province and in Ampara and Batticaloa districts during the afternoon or night.

Meanwhile, fairly strong winds of about 30-40 kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Trincomalee and Hambantota districts.

The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.