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CBSL issues prohibition order on man over pyramid scheme

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The Central Bank of Sri Lanka (CBSL) has issued a prohibition order on a resident of Polonnaruwa named Hettiarachchilage Sahan Akalanka for accepting cash deposits from the people without any CBSL approval.

Sahan Akalanka, the Director of Athens International Education Center (Pvt.) Ltd., residing at No. 45/5 A, Second Cross Street, New Town, Polonnaruwa, has accepted cash deposits from the public without the approval of the Central Bank, an investigation conducted under Section 42 of the Finance Business Act, No. 42 of 2011 has revealed.

Accordingly, the Monetary Board of the CBSL has ordered the concerned company and the individual not to continue accepting deposits and carrying out monetary transactions through the issuance of memorandums of understanding or in any other way.

The CBSL has already prohibited this company and individual from receiving deposits or money, granting loans, making new investments, selling or transferring assets, and conducting all transactions related to any account, property or investment.

Information revealed that Sahan Akalanka has accepted more than Rs.3,000 million as deposits from over 1,000 people all over the country.

Many aggrieved people have held protests outside his office in Polonnaruwa and in several other cities due to his unauthorized money acceptance process which has been carried out in the form of a pyramid scheme.

The suspect has accepted deposits from people claiming to give interest of up to 90 per cent, and the depositors have complained to the Criminal Investigation Department (CID) regarding non-repayment of the money or interest.

He had also paid several TV channels to get programmes broadcast in order to promote his unauthorized financial institution.

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Former Eastern Provincial Council member arrested

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Ampara District Organizer of the Tamil Makkal Viduthalai Pulikal party and former member of the Eastern Provincial Council K. Pushpakumar alias Iniya Bharathi has been arrested.

He was arrested over the abduction and disappearance of the former Vice Chancellor of the Eastern University Prof. Subramaniyam Ravindranath.

Sivanathurai Chandrakanthan, alias Pillayan, the leader of the Tamil Makkal Viduthalai Pulikal (TMVP) and former State Minister, was arrested by the Colombo Criminal Investigation Department at his office in Batticaloa on April 8, over this incident.

He was later detained for 3 months under the Prevention of Terrorism Act.

Iniya Bharathi, also known as Kumaraswamy Pushpakumar, was arrested based on information revealed during the interrogation of Pillayan.

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e-Revenue Licence system down due to technical glitch, ICTA says

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The Information and Communication Technology Agency of Sri Lanka (ICTA) said the electronic Revenue Licence system (eRL 2.0) is currently unavailable due to a critical technical infrastructure issue.

According to the ICTA, the disruption began on July 3, 2025, and has made vehicle revenue licence issuing services inaccessible.

The unavailability is expected to continue until July 9, 2025.

The ICTA expressed regret for the inconvenience caused to the public and assured that technical teams are working urgently to resolve the issue.

The agency also said that further updates will be shared as work progresses, with an official notice to be issued once services are restored.

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Three injured in Kosgama shooting, including 12-year-old girl

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Three people, including a 12-year-old girl, were injured in a shooting incident at Suduwella, Kosgama, early this morning (6), police said.

They said the victims were travelling in a three-wheeler when two individuals on a motorcycle opened fire using a pistol-type weapon.

The injured include a 30-year-old woman and her 12-year-old daughter, both residents of Avissawella, as well as a 44-year-old man.

All three have been admitted to Avissawella Hospital for treatment.

Police said the motive for the attack and the identities of the suspects have not yet been established.

Kosgama Police are conducting further investigations into the incident.

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