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‘Half of population in CRIB; Moving away from bankruptcy is a dream’

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Credit Information Bureau of Sri Lanka General Manager Pushpike Jayasundera has told the media that more than half of the population in Sri Lanka have been recorded in the Credit Information Bureau (CRIB) and therefore, they cannot get a loan from a recognized financial institution.

Mr. Jayasundera also said that the reason for this is the lack of knowledge about debt management of Sri Lankans compared to other countries in the South Asian region.

He pointed out that although many people have paid their loans and lease installments properly, some financial companies have not updated the information.

In order to correct this situation, Sri Lanka Credit Information Bureau has taken many steps to educate the people about debt management.

The General Manager said that any person has been provided the facility to obtain their credit information report through the website http://www.crib.lk without going to a financial institution.

Meanwhile, economic experts pointed out that although the CRIB is a tool to protect the credit and banking system, it has posed a great challenge to the country when moving away from bankruptcy.

CRIB information has especially affected the growth of informal transactions in Sri Lanka.

Since a person who has their information recorded at CRIB is unable to get a loan from the banking system, they resort to alternative investments methods eventually even destroying their business.

They pointed out that it also leads to an increase in suicides.

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Lohan Ratwatte transferred to prison hospital 

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Former State Minister Lohan Ratwatte, who was arrested and remanded on charges of using a luxury car illegally imported from abroad and assembled in Sri Lanka, has been transferred to the prison hospital.

He was arrested by Mirihana Police on October 31 in Katugastota, Kandy.

Ratwatte was subsequently produced before the Acting Magistrate of Nugegoda from the Mirihana Police Station, and was ordered to be remanded until November 7.

However, the Acting Magistrate granted permission for Ratwatte to receive treatment at the prison hospital.

Police said that the former state minister was arrested in Kandy over an incident of discovering an unregistered car at his wife’s house in the Mirihana area of Nugegoda.

The car without registered number plates was found on October 26, 2024, according to police.

Police had found the luxury car in question during an inspection carried out based on information received by the police headquarters that there is a luxury car without number plates in a three-storied house in the Embuldeniya area in Mirihana, belonging to Shashi Prabha Ratwatte, the wife of former State Minister Lohan Ratwatte.

During the investigation, both Ratwatte and his wife had explained to the police that his mother-in-law resides in the said house. They had claimed that the car had been brought there three weeks ago by Ratwatte’s private secretary, who was recently found dead with gunshot injuries in the Katugastota area of Kandy.

(AdaDerana)
(This story, originally published by AdaDerana has not been edited by SLM staff)

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Bell 412 helicopter on standby for KDU bus accident patients

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The Defence Secretary has directed the Sri Lanka Air Force to keep a Bell 412 helicopter ready at the Diyatalawa Air Force Base for the potential airlift of patients injured in the recent bus accident to Colombo for further treatment if needed.

The accident, which occurred at Ambagas Junction on the Dunhinda-Badulla road around 7:45 AM on November 1, involved a bus carrying 42 people from the Kotelawala Defence University’s (KDU) Southern Campus. Among the group were 36 students from the 39th KDU Intake, three lecturers, an instructor, a senior military officer, and the bus driver.

Two female students, residents of Kurunegala and Nivithigala, tragically lost their lives. 

The remaining 40 were admitted to the Badulla General Hospital, with seven in the ICU and one in critical condition.

KDU’s Vice-Chancellor confirmed that arrangements for the funerals will be made with university support. 

Preliminary findings suggest a mechanical fault may have caused the accident, with a detailed investigation underway.

The Ministry of Defence has expressed condolences to the victims’ families and commended the prompt rescue efforts of local residents, as well as the swift response by Dr. Palitha Rajapaksa and the hospital staff.

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(Previous News : November 01, 2024 11.28 am)

2 dead in Badulla bus tragedy

Two persons have been reported dead after a bus carrying a group of university students had toppled across the road at Dunhinda Road in Badulla this morning (Nov. 01).

The accident had occurred between the third and fourth kilometer posts on the Badulla-Mahiyanganaya main road, near the Dunhinda access road, after the bus collided with a bund.

According to reports, the bus was carrying a group of students from the Southern Campus of the General Sir John Kotelawala Defence University (KDU), who had been on a field trip.

Over 30 persons injured had been rushed to the Badulla Hospital, reports say.

(Pic : Accident 1st)

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Doctors at Karapitiya Hospital begin 24-hour strike over internal threats

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Doctors at the Karapitiya Teaching Hospital in Galle have commenced a 24-hour token strike, according to the Government Medical Officers’ Association (GMOA).

GMOA Treasurer Dr. Ubhaya Bandara Warakagoda stated that the strike was initiated in protest over threats made by a doctor against several other doctors of the hospital.

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