Connect with us

News

2025 Budget on Jan. 09

Published

on

The 2025 Budget proposal will be presented to the Parliament on January 09, 2025, Cabinet Spokesman – Minister Dr. Nalinda Jayatissa has said.

Speaking during the Cabinet briefing this morning (Nov. 26), the Minister stated that the 2nd reading of the 2025 Budget will take place on February 17, while the debate on the 3rd reading will be held from Feb. 27 – March 21.

Meanwhile, the Cabinet of Ministers has also granted approval to prepare an Interim Vote on Account for the first 04 months of the year 2025, including government recurrent and capital expenditure, public debt servicing and debt restructuring expenses.

Dr. Jayatissa said that the decision was taken in view of the insufficient time to follow the statutory steps required to pass the Appropriation Bill for the year 2025.

Therefore, as provided for in Section 23(1) of the Public Finance Management Act, No. 44 of 2024, an Interim Vote on Account will be presented to Parliament for the allocation of funds required for the maintenance of ongoing projects and public services for the first 04 months of the year 2025.

The relevant parliamentary debate will be held on December 5 and 6, according to the Cabinet Spokesman.

News

Faiszer Musthapha’s name gazetted as MP

Published

on

By

Former Minister Faiszer Musthapha’s name has been gazetted by the Election Commission as a National List MP of the National Democratic Front.

The NDF contested under the symbol of a Gas Cylinder at the recently concluded General Election.

Continue Reading

News

CID ordered to develop program to reimburse ‘Onmax DT’ depositors

Published

on

By

The Criminal Investigation Department (CID) has reported to the Colombo Magistrate’s Court that a total of 2,017 complaints have been filed by depositors who claim to have been cheated out of their money after investing in ‘Onmax DT,’ a private firm alleged to have been operating a pyramid scheme.

According to the CID, the total estimated financial losses incurred by the complainants amounts to around Rs. 2.96 billion.

During a hearing before Colombo Chief Magistrate Thilina Gamage today (11), CID officials disclosed that a total of 865 new complaints have been received since the last hearing, and that additional complaints continue to be received.

Nine suspects, including the directors of Onmax DT, appeared before the court for the hearing. The CID further informed the court that three other suspects remain overseas, and open warrants have been issued for their arrest.

Investigations against the suspects are being conducted under the Prevention of Money Laundering Act and the CID revealed that inquiries into two suspects have been completed and the excerpts of the investigations have been referred to the Attorney General.

Additionally, the CID officials informed the court that properties belonging to the suspected directors have been identified in foreign countries, including Australia, and investigations are being carried out in collaboration with the INTERPOL.

Colombo Chief Magistrate Thilina Gamage instructed the CID to immediately develop a program to reimburse the depositors who suffered financial losses.

The court ordered the CID to present an update on the progress of the investigation at the next hearing, scheduled for February 5, 2025.

(adaderana.lk)

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

Continue Reading

News

New Naval Attaché at Chinese embassy in SL calls on Navy commander (Pics)

Published

on

By

The new Naval Attaché at the Embassy of the People’s Republic of China in Sri Lanka, Senior Captain Zheng Zhaoping called on Commander of the Navy – Vice Admiral Priyantha Perera at the Navy Headquarters on Dec.10.

During the ensuing meeting, they exchanged views on several matters of bilateral importance, and the cordial discussion drew to a close with an exchange of mementoes, as a gesture of goodwill and cooperation.

Director General Health Services, Rear Admiral Janaka Marambe, Director General Operations, Rear Admiral Buddhika Liyanagamage, Director Naval Operations, Commodore Aruna Weerasinghe and Defence Attaché at the Embassy of the People’s Republic of China in Sri Lanka, Senior Colonel Zhou Bo were present on this occasion.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved