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CID to summon Pubudu & Mashi over Priyamali’s frauds

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The Criminal Investigation Department (CID) is to record statements from popular actor Pubudu Chaturanga and wife Mashi Siriwardene in connection with the investigations into the large-scale financial frauds committed by Thilini Priyamali.

The two artistes are scheduled to be summoned regarding the Muhurat festival of the Mayajala movie held at the Shangri-La Hotel in Colombo at a cost of more than Rs.30 million and Priyamali spending money to organise the event.

Janaki & Priyamali detained at two prisons

Meanwhile, it was reported that Janaki Siriwardena, who was remanded on charges of aiding and abetting Priyamali’s financial frauds, has been detained at the Negombo Prison.

Priyamali is detained at the women’s ward in Welikada Prison.

Siriwardena has been taken to the Negombo Prison, suspecting that there may be a risk of conflict between the two suspects in the same prison.

Siriwardena was remanded after being produced in the court on November 5. She was taken from the court to Welikada Prison and then taken to Negombo as soon as the registration process was completed.

The CID officials and the lawyers of the complainants feared that Priyamali and Siriwardena could make plans to destroy evidence if they were detained in the same prison.

Therefore, a request has been made that they should not be detained in the same prison.

Although the two suspects are said to be very close friends, it was reported that there has been a rift between the two due to a financial dispute recently.

The CID has also received several audio recordings of the two blaming each other.

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IMF grants waivers despite obligation breach & erred reporting

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The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (EFF) as well as inaccuracies of information reported to the IMF.

However, the IMF has decided to grant waivers and not pursue further action, citing corrective measures and a commitment to reform by Sri Lankan authorities.

Following the Executive Board’s discussion, Deputy Managing Director and Acting Chair – Mr. Kenji Okamura, has issued the following statement:

“The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (“EFF”), as well as a breach of obligations under Article VIII, Section 5. The noncomplying purchases arose as a result of the provision of inaccurate information by the authorities on the stock of expenditure arrears at the first, second, and third reviews under the EFF.

“The inaccuracies in information provided to the IMF were inadvertent and arose because of weaknesses in the timely reporting of arrears by line ministries to the Ministry of Finance, as well as a misunderstanding by the authorities of the definition of “arrears” under the Technical Memorandum of Understanding. 

“The Executive Board positively considered the authorities’ corrective actions, the fact that arrears repayments will be accommodated within the existing fiscal envelope, and the authorities’ commitment to improving public financial management procedures in line with the new PFM law, to reduce the risk of accruing arrears or inaccurate reporting of information going forward. In view of the above, the Executive Board agreed to grant waivers for the nonobservances of the quantitative performance criterion that gave rise to the noncomplying purchases and decided not to require further action in connection with the breach of obligations under Article VIII, Section 5.”

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Abdul Wazeeth appointed to Parliament from SLMC national list

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Abdul Wazeeth of the Sri Lanka Muslim Congress (SLMC) has been appointed as a Member of Parliament, the National Election Commission has announced.

His appointment comes following the resignation of former MP M. S. Naleem, who had entered Parliament through the SLMC National List after the 2024 parliamentary election.

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Tense situation in Kahawatta as residents clash with police

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Police had been compelled to use tear gas to control a tense situation that erupted between residents and police in Kahawatta following the funeral of a youth who was shot dead recently.

The funeral was held today (July 03) and the clash had broken out shortly afterwards.

Residents had expressed anger over the handling of the and had hurled stones at the police, reports say.

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