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CBK admits mistake in supporting Sirisena presidency

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Former Sri Lankan President Chandrika Bandaranaike Kumaratunga, now the Patron of the Sri Lanka Freedom Party (SLFP), delivered a stark critique of the current political climate in Sri Lanka during a recent address.

Kumaratunga expressed her concerns about the prevailing state of politics, emphasizing the pursuit of power through questionable means and the prevalence of dynastic politics within the nation.

Kumaratunga highlighted the troubling trend of individuals with dubious backgrounds occupying positions of power, noting the need for a departure from such practices.

Refusing to align herself with the current political establishment, she declined an offer to chair the Sri Lanka Freedom Party, citing her commitment to ethical governance.

“Today, our political leaders behave as though there was never an Aragalaya, at least from what I can observe. I find it baffling—the state of politics today. It seems the entire nation is bent on pursuing power through unsavory means. Merely holding onto power seems to be sufficient, enjoying the perks that accompany it, regardless of the consequences for the country or its people. I have never engaged in such politics,” she said.

Responding to allegations of potential collaboration between the SLFP and the United National Party (UNP), Kumaratunga vehemently denied any intention to support the UNP, reaffirming her dedication to strengthening the SLFP.

She expressed confidence in the party’s potential for revitalization through the infusion of new leadership.

Addressing questions about potential presidential candidates from the SLFP, Kumaratunga acknowledged the party’s current challenges and emphasized the need for concerted efforts to rebuild its strength.

She lamented missed opportunities in the past and underscored the importance of strategic planning and unity within the party.

Regarding recent media briefings by SLFP members at various locations, Kumaratunga cautioned against actions that could further divide party supporters.

Reflecting on her own political journey, Kumaratunga reiterated her commitment to stepping away from active politics at a designated age, contrasting her approach with those who cling to power beyond their term.

She acknowledged her return to politics in 2015, driven by a desire for honest leadership, but expressed disappointment in the outcome.

“When I assumed office, I made a commitment to the people that I would step away from active politics at the age of sixty. Unlike some, I refuse to cling to power with a wheelchair and a walking stick. True to my word, I retired from politics in 2005 upon reaching sixty years of age. For years thereafter, I remained steadfast in my resolve, resisting any attempts by the Rajapaksas to draw me back into the political arena. Despite their relentless efforts to undermine me after handing over the leadership of the Sri Lanka Freedom Party, I held my ground against their onslaught. However, circumstances compelled me to reenter politics in 2015. I united several parties to form an alliance, driven by our shared aspiration for a leadership untainted by corruption and deceit. Yet, our ambitions were dashed. It became increasingly evident to me that post-2019, the prospect of clear and honest leadership in our nation was dim,” she elaborated

Responding candidly to inquiries about Maithripala Sirisena’s presidency, Kumaratunga admitted regret over supporting his candidacy and sought to rectify the decision through legal avenues.

(News 1st) 

(This story, originally published by News 1st has not been edited by SLM staff)

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Passengers jump from plane’s wing after fire alert on Spain flight, triggers panic

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Wildfires have broken out on an island and in towns near Athens in Greece, with blazes also being sparked in Turkey and Syria.

The Hellenic Fire Service and local authorities said that two villages – Tsakeoi and Limnionas – had been evacuated on the island of Evia after the blaze started late on Friday.

One fire service official said more than 160 firefighters, 46 trucks and five aircraft were deployed in southern Evia to put out the fire.

Southern Evia, to the east of Athens, was one of several regions in Greece placed on high alert for wildfires over gale-force winds forecast for today.

Images from Koropi, a town to the southwest of Athens, also show houses burnt down and helicopters dropping water on burning forests.

It marks the latest wildfires to break out in Greece – where blazes are common during the summer – as it tackles strong winds and dry conditions amid an early summer heatwave in southern Europe.

Officials have linked the conditions to at least nine deaths across the continent.

A wildfire broke out in Achlia on the island of Crete on Wednesday, forcing thousands of residents and tourists to evacuate – with some taken to a nearby basketball arena and hotels in safer parts of the island.

The fire service official told Reuters on Friday that the fire in Crete was largely contained.

Meanwhile, blazes have also broken out on Turkey’s west coast – the latest in a series of blazes which started in late June – as well as its southerly neighbour Syria.

At least five fires have been reported in Izmir after extreme heat, strong winds and low humidity. Two people have been killed by the blazes, while tens of thousands have been evacuated.

Fires also flared on both sides of the Turkish-Syrian border on Friday, with a new blaze reported near the town of Dortyol in Turkey’s border province of Hatay.

According to Syria’s Civil Defence, wildfires have spread across large parts of mountainous areas in the Latakia province.

The government department added that conditions have hampered efforts to bring the fire under control, and noted unexploded ordnance could be in some of the areas affected.

Source: SKY NEWS

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CBSL extends Perpetual Treasuries suspension for six months

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The Central Bank of Sri Lanka (CBSL) has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months.

The extension is with effect from 4.30 p.m. on 05th July 2025, in order to continue the investigations being conducted by the Central Bank of Sri Lanka.

The suspension has been extended by CBSL acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance.

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Kataragama Basnayake Nilame pressured over complaint against Kapuwas’ donation misuse

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It has been reported that Dishan Wickramaratne Gunasekara – the Basnayake Nilame of the historic Ruhunu Kataragama Maha Devalaya, is facing pressure including from several parties including political circles to withdraw his complaint lodged against the custodians (Kapu Mahattaya) of the devalaya.

The issue had arisen after it was discovered that some custodians were collecting money into their own tills instead of allowing them to be deposited in the official donation box.

Public discussion about the transparency of the temple’s donations intensified after the Basnayake Nilame had begun using a portion of the funds for community projects like hospital construction.

Traditionally, devotees often handed donations directly to the custodians, but the Basnayake Nilame had urged the public via media to place offerings only in the official donation box managed by the Ministry of Buddha Sasana, Religious and Cultural Affairs.

He subsequently arranged a proper audit of all such donations for the first time.

In response, some custodians had reportedly begun pressuring devotees near the official box to hand over donations to them instead.

Upon learning of this, the Basnayake Nilame had lodged a complaint with the Kataragama Police, arguing that diverting funds from the official box amounts to fraudulent misappropriation.

Acting on the complaint, police arrested 02 custodians who were collecting offerings near the official box.

However, other custodians then surrounded the police station and pressured the officers to release the arrested individuals, resulting in their release.

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