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5 directors of ‘OnmaxDT’ granted bail

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The Colombo Chief Magistrate’s Court has ordered the five arrested Directors of the company ‘OnmaxDT’, to be released on bail.

This order was issued by Colombo Chief Magistrate Prasanna Alwis, when the case was taken up today (Nov. 16).

Accordingly, the Chief Magistrate who ordered each suspect to be released on three surety bails of Rs. 10 million each, also imposed a bail condition that the suspects should report to the Criminal Investigation Department (CID) on the last Sunday of every month.

The five suspects in question were arrested on November 03, 2023, over allegations concerning a fraudulent pyramid scheme.

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Onmax bosses hold Rs.800mn in accounts: CID informs court!

Who’s toying with CBSL laws on pyramid schemes?  

CBSL names 8 entities that conducted prohibited schemes

CBSL reiterates OnmaxDT & MTFE are pyramid schemes

Confidential letter sent to President on OnmaxDT scam

Court prohibits sale or transfer of 3 Onmax DT directors’ properties

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Keeri Samba shortage : 40,000MT of rice to be imported

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The government has recommended to import 40,000 MT of substitute rice to address the shortage of Keeri Samba in the local market.

Following the notification by the Consumer Affairs Authority that sufficient stocks of Keeri Samba are not available, the Food Security and Cost of Living Committee, which met at the Presidential Secretariat yesterday (June 25) made the above recommendation.

Accordingly, around 5,000 MT of rice will be imported through state institutions while the remaining will be imported by the private sector, the PMD said.

A decision was also made to continue purchasing Keeri Samba paddy at a price of Rs. 120 per kilogram through the Paddy Marketing Board and Sathosa in order to safeguard local farmers.

Discussions were also held regarding the provision of storage facilities for Corn required for Thriposha production and the importation of rice or broken rice or else alternative raw materials for beer and animal feed production.

Attention was drawn during the discussions to the production of corn based on consumer demand, as well as the production of canned fish, eggs and meat and importation of salt.

Fertiliser importation, stock maintenance, supply and distribution were also discussed. The progress of fertiliser distribution for the Yala season, the progress of issuing “Odapana” loans and the overall success of cultivation activities during the Yala season were reviewed as well.

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Indictments filed against Rambukwella family over 43 charges

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The Commission to investigate allegations of Bribery or Corruption (CIABOC) has filed indictments under 43 charges against  former Media, Health and Environment Minister – Keheliya Rambukwella and five other members of his family.

The indictments have been filed against the following accused, the first accused Keheliya Bandara Rambukwella, the second accused Priyadarshani Epa, the third accused Chamithri Jananika Rambukwella, the fourth accused Ramalee Rambukwella, the fifth accused Amali Rambukwella and the sixth accused – Isuru Bandara Polgasdeniya.

They were previously arrested over an investigation conducted under the Prevention of Money Laundering Act and were subsequently released on bail by the Colombo Magistrate’s Court.

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Annual bus fare revision to be announced after fuel price revision

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The National Transport Commission (NTC) has said that the annual bus fare revision will be announced after considering the fuel price revision scheduled for July 01.

Yesterday, transport authorities decided to reduce bus fares by 2.5% with effect from July 01.

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