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Four arrested over shooting of Co-Op Insurance Chairman!

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Four persons including the Matara Co-Operative Insurance Corporation Chairman were arrested last evening (11) by the Western Province (South) Crime Division in connection with the incident of shooting and injuring Battaramulla Co-Operative Branch Chairman Darshana Lalith Samarawickrama at Gemunu Mawatha in Meegoda.

Among the other suspects who have been arrested are a businessman who owns buses, a soldier who left the army and a bus conductor.

The firearm used in the shooting, a motorcycle and a three-wheeler in which the shooters were travelling in were also taken into custody by the police.

It has been revealed that the shooting was carried out based on a contract given by former branch Chairman’s close relative Matara Chaminda to a resident in Warakagoda, Kalutara.

The Warakagoda resident is employed at a private security firm and he had given Rs.150,000 to an ex-army man residing in Kuliyapitiya several months ago to kill the new chairman of the Battaramulla Branch.

Police said that the suspects had tried on several occasions to shoot the new chairman but had failed.

A senior police officer said the shooter and the motorcyclist who helped him, Warakagoda resident and Matara Chaminda who gave the contract were among the arrested.

Investigations revealed that Matara Chaminda is a shareholder of the insurance corporation.

Matara Chaminda has revealed that the shooting was carried out with the knowledge of the former branch chairman.

Investigations revealed that the shooter had left the army in 2010.

The Warakagoda resident who gave the contract was identified as Lahiru Manaram and the shooter’s name is Prasanna Kumara.

The firearm used in the shooting has been made in China.

The suspects are to be produced in the Homagama Magistrate’s Court after being interrogated for 48 hours.

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03 Lankans featured in 2025 Forbes’ 30 Under 30 Asia list

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03 young Sri Lankans have been featured in the Forbes’ 30 Under 30 Asia list for 2025.

They are :
Nikin Matharaarachchi, in 2021, founded Sri Lanka-based Synapse AI Labs is the company behind Kommon Poll, an AI-powered social listening tool. Kommon Poll provides businesses marketing insights by analyzing keyword performance across multiple online platforms, including news sites, blogs and social media.

Charith N Silva, known for videos showing him preparing dishes in outdoor settings, launched the YouTube channel ‘Wild Cookbook’ in 2020 during the pandemic. With over 600 videos, ‘Wild Cookbook’ is now Sri Lanka’s largest YouTube channel with over 10 million subscribers, and Silva has over 2.3 million Instagram followers. In November 2024, he opened a restaurant in Colombo called Wildish.

Yanika Amarasekera-Siyaguna, a UC Berkeley and Imperial College London alumna, founded Silver Aisle, Sri Lanka’s first online wedding registry, in 2019. The e-commerce platform has since expanded beyond wedding gifts to include presents for all occasions as well as dining ,vacation packages and lessons in horse riding, golf and pottery, among others. In 2023, Amarasekera-Siyaguna was appointed an independent director of LB Finance, one of Sri Lanka’s largest finance firms.

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SL & India sign USD 930.8 Mn. debt restructuring deal

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Sri Lanka and India have signed a USD 930.8 million debt restructuring deal recently on Sri Lanka’s present External Debt Restructuring Process. 

The signing of Bilateral Amendatory Agreements between the Government of Sri Lanka and the Export-Import Bank (EXIM) of India took place on March 25, 2025 and April 03, 2025, respectively. 

The deal concerns 07 Line of Credit and 04 Buyer’s Credit Facility agreements with the Government of India.

Secretary of the Ministry of Finance, Planning, and Economic Development, Mr. K.M. Mahinda Siriwardana, signed the agreements on behalf of the Sri Lankan Government.

General Manager of the EXIM Bank of India, Mr.Nirmit Ved, signed the Line of Credits, and Deputy General Manager of the EXIM Bank of India, Mr. Amith Kumar, signed the Buyer’s Credit Agreements.

Issuing a statement, the Ministry of Finance, Planning and Economic Development stated that the signing of these bilateral amendatory agreements marks a significant milestone in Sri Lanka’s ongoing External Debt Restructuring Process.

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965 lives lost in road accidents during last 05 months

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A total of 965 people have died between January 01 – May 13 due to various road accidents across Sri Lanka.

During this period,1,842 accidents including 902 fatal accidents were recorded, according to police reports.

The main causes cited for these accidents include negligence, reckless driving and improper vehicle maintenance.

To address the rising number of accidents, police have planned a special island-wide program focused on reducing traffic incidents, including driver awareness initiatives.

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