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Businessman Dinesh Schaffter dies after assault

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Director of the Janashakthi Group – Dinesh Schaffter, who was found tied inside his vehicle at the Borella Cemetery earlier today (15), has passed away.

He had passed away while being treated at the ICU of the Colombo National Hospital.

According an earlier report on the ‘Ada’ newspaper, Mr. Schaffter had left his house telling his wife that he was to meet someone over a loan amounting to several millions of rupees.

Police say that his wife had called him shortly to find her husband’s phone was switched off and his wife’s mobile phone had received signals indicating that he was at the Borella cemetery.

Acting immediately, the wife had contacted an executive officer of the company and sent him to the Borella cemetery. Upon arriving at the cemetery, the executive had  Mr. Schaffter on the car seat with his hands tied and a cord around his neck.

The executive officer had acted immediately with the help of a worker at the cemetery, removed the hands and the cord around the chairman’s neck and took steps to admit him to the Colombo National Hospital.

The police say that a cemetery worker had seen an unknown person leaving near the chairman’s car.

According to a senior police officer, a well-known cricket commentator has taken a loan amounting to several crores of rupees from Mr. Schaffter, who has made 03 complaints to the CID in this regard.

Further investigations are being conducted on the instructions of Borella Police Station Chief Inspector A.J.M.R. Samarasinghe.

(Source / Pics : Ada)

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Seat belt compulsory for bus drivers from today

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The National Transport Commission (NTC) has announced that starting today (July 01), it will be mandatory for all bus drivers to wear seat belts, with strict penalties for non-compliance.

Under the MotorTraffic Act, bus drivers are legally required to wear seat belts, but a rise in accidents due to drivers ignoring this rule has prompted the authorities to re-enforce it.

Police confirmed that action will be taken against drivers who fail to comply.

Meanwhile, the Ministry of Transport has also stated that wearing seat belts will be made mandatory to all passengers of light vehicles travelling on expressways from August 01, 2025.

Meanwhile, wearing seat belts will also be mandatory to all passengers of all vehicles on expressways from September 01, 2025.

Minister of Transport, Highways, Ports, and Civil Aviation Bimal Rathnayake also confirmed the directive while speaking to media this morning (July 01) during an inspection tour at the Colombo Central Bus Stand.

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End of parate relief for large SMEs

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The grace period granted to small and medium-sized enterprises (SMEs) under Sri Lanka’s Parate Execution Law officially ended midnight yesterday (June 30) for businesses with loans exceeding Rs. 50 million.

The Parate Law grants banks the authority to seize properties pledged as collateral without court proceedings. Although its implementation had been suspended for three months by the current administration—and for six months earlier under former President Ranil Wickremesinghe—it has now been reinstated, triggering serious concern among entrepreneurs.

Deputy Minister of Economic Development – Dr. Anil Jayantha Fernando  has stated that the government intends to hold discussions with all relevant parties in the coming days to address the issues linked to the law’s reimplementation.

Meanwhile, Opposition Leader – Sajith Premadasa has warned that the re-implementation of the Parate Execution Law could lead to the rapid auctioning of assets from small, medium, and micro businesses, putting them at risk.

In a statement yesterday (June 30), he emphasized that these businesses contribute over 50% to Sri Lanka’s Gross Domestic Production (GDP) and employ over 04 million people.

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Ex-SriLankan Airlines chief produced before court

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Former Chairman of SriLankan Airlines – Nishantha Wickramasinghe has been produced before the Colombo Magistrate’s Court by prison officials today (July 01).

Wickramasinghe was arrested last week by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and is currently in remand custody,

Related News :

https://srilankamirror.com/news/2-ex-heads-of-govt-institutions-arrested/

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