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AG seeks to lift interim order on divestment of SLT, Lanka Hospitals

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The Attorney General has requested the Appeals Court to lift the interim order imposed pertaining to the divestment of Sri Lanka Telecom (SLT) and Lanka Hospitals.

Last week, the Appeals Court delivered an interim order temporarily halting all future measures regarding the divestment of SLT and Lanka Hospitals until March 12.

The relevant order was issued upon consideration of a writ petition filed by Lycamobile SARL and Pettigo Comércio Internacional on behalf of SLT and another filed by Lyca Leasing Holding Limited and HIMS International on behalf of Lanka Hospitals.

When the petitions were taken up again before Appeals Court Judge D. N. Samarakoon today (March 06), Additional Solicitor General Sumathi Dharmawardhane made the request on behalf of the Attorney General.

The petitioning companies have alleged that despite having submitted all required documents to the respondents for the transfer of 50.23% state-owned shares in SLT and 51.34% shares in Lanka Hospitals, the Cabinet sub-committee assigned to the restructuring of State-Owned Enterprises rejected the said applications for no apparent reason.

Thus, the companies have noted that the committee’s decision to reject their applications is not only arbitrary and unfair, but also unlawful, given that they had fulfilled all pre-requisites.

(adaderana.lk)

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

Related News :

Court suspends divestiture process of SLT & Lanka Hospitals

Cabinet approval for divestment of govt’s stake in SLT & Lanka Hospitals

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Ex ministers Mahindananda – Nalin jailed over Carrom board case

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The Colombo Permanent High Court Trial-at-Bar today (May 29) sentenced 02 former ministers over their involvement in a major corruption case linked to the importation of sports equipment, which is infamously known as the ‘Carrom Board’ case.

Ex-Sports Minister Mahindananda Aluthgamage was sentenced to 20 years of rigorous imprisonment while former Trade Minister – Nalin Fernando was sentenced to 25 years of rigorous imprisonment for his involvement in the case as the Lanka Sathosa Chairman at that time.

The case, filed by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), stated that 14,000 carrom boards and 11,000 checkers boards were imported by the Sathosa institution for distribution to sports clubs during the 2015 Presidential Election. The total financial loss to the state was estimated at Rs. 53.1 million.

The verdict was delivered by a three-judge bench comprising Justice Pradeep Hettiarachchi, Justice Pradeep Abeyratne, and Justice Mahesh Weeraman.

The indictment included six counts under Section 70 of the Bribery Act.

The court ruled that the charges brought against the accused had been proven beyond a reasonable doubt.

The case was heard for over 06 years.

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BoC employees to strike over unpaid incentives

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Employees of all Bank of Ceylon (BoC) branches have decided to walk out of service at 12.30 pm today (May 29).

The decision has been taken over the current management not taking the initiative to provide them with the 06-month incentive package approved by the Board of Directors, according to the Bank Employees’ Union.

Central Committee member of the Bank Employees’ Union – Najith Wijeratne, stated that they will initiate a token strike if this issue is not resolved by June 06.

BoC employees have also held lunchtime protests yesterday (May 28) in front of 22 branches in major cities islandwide.

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Shooting incident in Panadura

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A shooting incident occurred in the Wekada area of Panadura today (May 29), leaving an individual injured.

The injured individual has been admitted to the Panadura Base Hospital for treatment.

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