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Abducted businessman found

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A textiles businessman from the Horana area, who was abducted over the sale of a gemstone, has been found.

The businessman’s captors had urged his wife for an extortion of Rs. 3.5 million in exchange for his release.

However, the timely and smooth intervention of police had managed not only to find the captured businessman but also to nab his captors.

The businessman had apparently sold a gemstone for Rs. 01 million to a buyer through a broker in Maharagama. The deal had been finalised at a roadside in the Piliyandala area. However, a few days later, the buyer had informed the broker that the stone was fake.

The broker had arrived at the businessman’s home late one night with 03 others and urged the businessman to get into the vehicle to talk. He was then abducted and taken to a deserted area in Divulapitiya where he was held for a few days while the men had phoned his wife and threatened the businessman’s wife to give them money.

The wife had lodged a complaint with the Moragahahena police and worked with them, enabling the police to nab the captors in the Millewatta area, who were on their way to collect the extortion money.

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Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

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The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

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Derailed train causes delays on coastal line

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A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

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Kristalina Georgieva to head IMF for a 2nd term

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The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

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