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CBSL appoints new deputy governor

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The Monetary Board of the Central Bank of Sri Lanka (CBSL), with the concurrence of the Minister of Finance, has promoted K.M.A.N. Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor, with effect from October 07.

Mrs. Daulagala has over 31 years of service at the Central Bank in different capacities in the areas of supervision and regulation of non-bank financial institutions, macroprudential surveillance, finance, international operations, risk management, regional development, human resource management and training and development.

She has served as the Chief Accountant and Director of Supervision of Non-Bank Financial Institutions and Financial System Stability and has contributed towards strengthening the legal framework and governance in the non-bank financial institutions sector.

Prior to the appointment as a Deputy Governor, Mrs. Daulagala held the position of Assistant Governor and was in-charge of the Macroprudential Surveillance Department and the Centre for Banking Studies and served as the Secretary to the Monetary Board.

She also served as Secretary to the Board Risk Oversight Committee, Monetary Board Advisory Audit Committee and the Ethics Committee.

Further, she was on release to the Ministry of Finance and Planning where she served as the Director General of the Department of Public Enterprises. While holding the position at the Ministry, she served as an Ex-Officio Director of the Bank of Ceylon representing the Treasury and as a member of the Employee’s Trust Fund Board.

At present, Mrs. Daulagala serves as the Chairperson of the Sri Lanka Accounting and Auditing Standards Monitoring Board.

Mrs. Daulagala holds a Master of Science Degree in Financial and Business Economics from the University of Essex, United Kingdom, and a Master of Business Administration Degree from the University of Sri Jayewardenepura. She is a Fellow member of Chartered Institute of Management Accountants, United Kingdom.

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02 arrested with over Rs. 5.7M on money laundering charges

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Two suspects have been arrested on charges of money laundering and aiding and abetting money laundering, along with Rs. 5,745,000 in cash found in their possession.

The arrests were made as part of the ongoing island-wide crime and drug prevention operation initiated under the directives of the Acting IGP. 

The two individuals were taken into custody near Thunmodara Junction in the Kirulapone Police Division after being observed acting suspiciously in a three-wheeler during a search.

They were brought to the Kirulapone Police Station, where further investigations were launched, police said.

According to police, the suspects – aged 49 and 39 – are residents of Siddhartha Road, Kirulapone. 

One of the individuals is the owner of a LP gas shop in the area. Preliminary investigations have uncovered possible links between him and illegal drug trafficking activities.

One suspect has been formally arrested for money laundering, while the other has been charged with aiding and abetting the offense, police added.

Kirulapone Police are continuing investigations to determine whether the seized funds originated from narcotics-related activities or from the suspect’s business operations.

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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03 access routes for devotees attending ‘Sri Dalada Vandana’

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Three designated access routes have been announced for devotees attending the Sri Dalada Vandana (sacred pilgrimage) starting on the 18th.

The three entry routes to the Temple of the Sacred Tooth Relic are as follows:

1. The queuing path set up from D.S. Senanayake Street (Trincomalee Street side) up to the entrance of the Sri Dalada Maligawa.
2. The queuing path starting from the Red Bridge area (Rathu Bokkuwa), passing along Sangharaja Mawatha (around the Kandy Lake), leading to the main entrance of the temple.
3. Another queuing path also starting from the Red Bridge area, going around the Maligawa premises by the Kandy Lake, and reaching the temple’s main entrance.

Devotees can use any of these designated paths to visit the temple for the upcoming Dalada Vandana.

(News1st)

(Except for the headline, this story, originally published by News1st has not been edited by SLM staff)

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Fmr. prison superintendent’s murder : suspected shooter arrested

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The suspect allegedly responsible for the recent shooting of the retired Superintendent of the Boossa Prison was arrested this morning (15) by officers of the Criminal Investigation Department (CID) while attempting to leave the country through the Bandaranaike International Airport (BIA), Katunayake.

The arrest was made at the departure terminal with the assistance of the “Face Recognition System” installed by the CID at the airport.

The suspect was reportedly apprehended while preparing to board SriLankan Airlines flight UL-404 to Bangkok, Thailand, using a forged passport.

The individual has been identified as Wijemuni Lalantha Prithiraj Kumara, 31, a resident of Kuleewatta, Ambalangoda.

He is reportedly the primary shooter and an associate of the organized criminal gang leader in the Southern Province known as “Karandeniya Sudda.”

The suspect was in possession of a fraudulent passport issued under the name Ekanayake Mudiyanselage Lakindu Sandeep Bandara.

He is also wanted by the police in connection with multiple murders and financial fraud cases in the Galle and Ambalangoda police divisions.

The arrest took place at approximately 7:50 a.m. today. He was later escorted out of the BIA premises by a team of officers, including the Officer-in-Charge of the Ambalangoda Police Headquarters, at around 10:00 a.m. today for further investigation.

(adaderana.lk)

(Except for the headline, this story, originally published by adaderana.lk has not been edited by SLM staff)

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