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Fuel price revision likely tonight?

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A fuel price revision is likely to take place tonight (04), as per sources.

The Ceylon Petroleum Corporation (CPC) stated that although the fuel price was slated to be revised at the end of February, the price revision will possibly take place today.

The CPC amends the fuel prices monthly as per the pricing formula. Accordingly, the prices were last revised on January 31, where the prices of octane 92 petrol, octane 95 petrol, super diesel and kerosene were increased.

Against this backdrop, President Ranil Wickremesinghe has issued an Extraordinary Gazette declaring all services connected to the supply of electricity and the supply or distribution of petroleum products and fuel as essential services with effect from 03 March 2024. 

Accordingly, the proclamation states that the services specified have been declared as Essential Public Service considering it necessary that the services provided by any Public Corporation or Government Department or Local Authority or Co-operative Society or any branch thereof being a Department or Corporation or Local Authority or Co-operative Society, which is engaged in provision of the services specified, is essential to the life of the community and is likely to be impeded or interrupted.

In the meantime, the Fuel Distributors’ Association alleges that the CPC has taken steps to incur a usage fee of 35% of the monthly rebate amount received by the fuel distributors. President of the association Shelton Fernando claimed that through this action, it will not be possible for them to even meet the daily expenses for the distribution activities.(adaderana.lk)

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Yoshitha Rajapaksa named suspect in money laundering case

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Sri Lanka Police said that they will file charges against Yoshitha Rajapaksa under the Prevention Of Money Laundering Act.

This was confirmed by Police Spokesperson Senior Superintendent of Police Buddhika Manatunga during a press conference held in Colombo this morning.

SSP Manatunga stated that an investigation into Yoshitha Rajapaksa has been ongoing since 2016, following the discovery of over Rs. 59 million in his bank accounts. Rajapaksa has been unable to provide a satisfactory explanation for the source of these funds. Consequently, the police initiated an investigation under the Prevention Of Money Laundering Act.

According to the Police Spokesperson, further investigations revealed that the funds were invested in fixed deposits and bank accounts maintained as a joint account with a woman named Daisy Forrest. Based on these findings, the Attorney General directed the police to name Daisy Forrest as a suspect in the case alongside Rajapaksa.

Today, the Kaduwela Magistrate’s Court formally named Yoshitha Rajapaksa and Daisy Forrest as suspects in the money laundering case.

A foreign travel ban has already been imposed on Daisy Forrest. The police spokesperson said that Sri Lanka Police will continue to take necessary legal actions against all suspects involved in the case.

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No Change in Litro Gas Prices for February

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Channa Gunawardena, the Chairman of Litro Gas Company, has confirmed that the prices of domestic LP gas cylinders will remain unchanged for the month of February 2025.

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17 Police officers discharged from service for drug use

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Sri Lanka Police have terminated the services of 17 officers in the past four months for consuming illegal drugs, including heroin and synthetic substances like ICE.

Police Spokesman SSP Buddhika Manathunga said that the Intelligence Units and Special Investigations Unit compiled a list of officers within the Sri Lanka Police Department suspected of using drugs.

The officers in question were tested and medical reports were sent to the National Dangerous Drugs Control Board. Following the results, the officers were dismissed from the police force.

SSP Manathunga also confirmed that investigations are ongoing into several other officers facing similar charges, and action will be taken based on their medical test results.

The Acting Inspector General of Police has instructed that strict action be taken against senior officers involved in the matter.

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