News

CBSL to sue three pyramid schemes including Onmax DT!

Published

2 years ago

March 21, 2023

editor

The Central Bank of Sri Lanka (CBSL) has requested the Attorney General to file criminal cases against three prohibited pyramid schemes.

The CBSL said that this decision was taken following an investigation it had conducted.

Accordingly, the CBSL has launched an investigation into ‘Fast3cycle International Pvt. Ltd.,” ‘Sport Chain App, Sport Chain ZS Society Sri Lanka,” and ‘Onmax DT’.

Issuing a statement, the CBSL said the three institutions and their directors, promoters and founders have acted in violation of the Section 83C of the Banking Act.

The CBSL has announced the decision through a special newspaper advertisement.

It was reported that Fast3Cycle International Pvt Ltd was operated by an individual by the name Anil Bandara and Sport Chain App, Sport Chain ZS Society Sri Lanka was operated by Amith Wickramage of Maharagama, Shamal Keerthi Bandara of Kurunegala, Shanaka Madhushan Wickramaratne of Polpithigama, Rovinda Manjula Medawatta and Pradeep Kumara Hantana of Giribawa.

It was also reported that the amount defrauded by Sport Chain App, Sport Chain ZS Society Sri Lanka is more than Rs.8,800 million.

OnmaxDT is said to be a company based in Australia and there were media reports that this company has a connection with former minister Namal Rajapaksa.

However, Mr.Rajapaksa’s media unit issued a statement stating that he has no relationship with ‘Onmax DT’ which operates Crypto Mining and Bitcoin transactions.

News

Dan Priyasad not dead – police (Update)

Published

6 hours ago

April 22, 2025

editor

The Police Media Spokesman says that political activist Dan Priyasad is not dead, but is in critical condition at the Intensive Care Unit.

Previously, the police had stated that Priyasad had succumbed to his injuries after being shot at a housing complex in Salamulla, Wellampitiya.

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(Previous News : 2025/04/22 at 10:41 pm)

Dan Priyasad dies after being shot

Political activist Dan Priyasad has been died after being fatally shot today (April 22).

According to the police, he was shot at a housing complex in Salamulla, Wellampitiya by two two unidentified individuals, who had arrived at the scene on a motorcycle. They had fired at Priyasad before fleeing the scene.

Priyasad had passed away after being hospitalised.

Another person who received minor injuries in the incident, is being treated at hospital.

Wellampitiya Police are conducting further investigations.

News

‘Sri Lanka Mirror’ Chief Editor’s mother passes away

Published

8 hours ago

April 22, 2025

editor

We solemnly announce the passing of Mrs. Pushpa Ranjani Liyanage, cherished wife of late Milk Board manager – Mr. L.S. Rodrigo and the beloved mother of ‘Sri Lanka Mirror’ Chief Editor – Mr. Kelum Shivantha.

Remains will lie at Supreme Rest Funeral Parlour, Kelanimulla from 11.00am to 10.30pm on April 23 and on April 24 morning.

Final rites will be held at the Pilapitiya Cemetery crematorium on April 24 at 3.00 pm.

News

Country has sufficient insulin stocks – Nalinda

Published

8 hours ago

April 22, 2025

editor

Minister of Health Dr. Nalinda Jayatissa has assured that the government has already distributed sufficient insulin stocks for the next four months.

Therefore, he urged the public not to have any unnecessary fears over the matter.

Speaking earlier today (April 22) during the weekly Cabinet briefing, he assured that there is enough insulin available in the country until September this year.
He added that measures are taken to maintain medicine stocks sufficient for a period of four to six months to prevent any shortages.