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Gazette on Bill to set up Microfinance Authority, issued

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A gazette notification with regard to the relevant Bill to establish the Micro-Finance and Loan Regulation Authority, has been issued.

The gazette is issued on the directives of the Minister of Finance, Economic Stabilization and National Policies.

Last month, cabinet approval was granted to publish a draft law on Micro-Finance and Loan Regulation Authority and the Attorney general had cleared the draft bills for the Authority body.

An existing Micro-finance and Loan Regulation Act No. 6 of 2016 is to be repealed.

The Bill will be tabled before Parliament next week for its first reading.

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12-hr water cut in several areas of Colombo

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The National Water Supply and Drainage Board (NWSDB) has announced a 12-hour water cut from 8:00 a.m. to 8:00 p.m. on Sunday (May 25) in several areas, including Colombo, due to essential maintenance work at the Ambatale Water Treatment Plant.

Due to this, the public is urged to make prior arrangements and store an adequate supply of water to avoid inconvenience during the period of the suspension.

Accordingly, the water cut will affect the following areas:

  • Colombo 01 to Colombo 15
  • Sri Jayawardenepura Kotte
  • Kaduwela
  • Battaramulla
  • Kolonnawa
  • Kotikawatta
  • Mulleriyawa
  • IDH (Infectious Diseases Hospital) area
  • Maharagama
  • Dehiwala
  • Mount Lavinia
  • Ratmalana and Moratuwa

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Investigations underway to arrest 20 criminals hiding overseas

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The Ministry of Public Security states that investigations are underway to arrest 20 members of major organized crime gangs currently hiding overseas.

Minister Ananda Wijepala stated that Interpol has already issued red notices for their arrest and that the countries where these criminals are hiding have been identified.

He added that investigations into the group have been expanded in coordination with the Ministry of Foreign Affairs.

Since the new government came to power, 11 members of organized crime gangs hiding abroad have been brought back to the island and produced before courts.

Meanwhile, operations to arrest members of organized crime gangs involved in various criminal activities, including murder and drug trafficking, within the country are also ongoing.

The Minister added that the Police Special Task Force and the Criminal Investigation Department (CID) are jointly conducting investigations into the allegations against them.

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Ex-Minister Duminda Dissanayake arrested

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Former Minister and Anuradhapura District Organiser of the Sri Lanka Freedom Party (SLFP) – Duminda Dissanayake, has been arrested in connection with the ongoing investigation into the discovery of a gold-colored T-56 assault rifle at a luxury apartment complex in Havelock Town, Wellawatte.

The firearm, found earlier this week, led to the arrest of 03 suspects, based on information revealed during interrogations conducted in connection with the incident.

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