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Millions lost due to Kompanna Veediya flyover construction delay

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Minister of Transport, Highways, Ports and Civil Aviation – Bimal Rathnayake yesterday (April 28) visited construction site of the flyover being built from Baladaksha Mawatha near the Kompanna Veediya Police Station to Chittampalam A. Gardiner Mawatha, in Colombo, to inquire about the cause of its delay.

He pointed out that the government has been compelled to pay over Rs.400 million to contractors as delay charges and a significant daily loss of Rs. 500,000 is being incurred.

The flyover has been planned to be built from Baladaksha Mawatha near the Slave Island Police Station to Chittampalam A. Gardiner Mawatha, in Colombo.

Accordingly, 06 police residential quarters had to be removed, and as a result, the project was delayed for about 02 years.

According to the Transport Ministry, it was informed during the inspection tour that steps will be taken to promptly remove the police residential quarters, which have caused the delay.

Stating that the matter must be resolved immediately, the minister has instructed the relevant officials to ensure that the construction of the flyover is completed by the end of this year under any circumstances.

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Forests on state lands to be designated as reserves

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The Ministry of Environment has decided to designate several forests located on state owned lands as official forest reserves.

Deputy Minister – Anton Jayakody has stated that such forests, each spanning 05 hectares or more, have been identified in every district.

Special priority will be given to designating forest reserves on mountain peaks.

In the first phase, 20 forests in districts including Monaragala and Ampara have been selected under the new program named ‘Vanaspathi’,  he said.

He further said the initiative aims to protect these forest areas and expand the country’s forest cover.

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No cases filed against 22 banned pyramid schemes – CBSL

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Although the Central Bank of Sri Lanka (CBSL) has banned 22 institutions operating illegal pyramid schemes, no legal action has been taken against any of them so far, according to reports.

This was disclosed during a workshop held at the CBSL yesterday (July 08) on the dangers of pyramid schemes.

According to CBSL officials, after initial investigations, the files were handed over to the Criminal Investigation Department (CID) for further inquiry.

The CID’s Financial Crimes Unit has reportedly completed its investigations and submitted findings to the Attorney General’s Department, which is responsible for filing cases.

However, it was noted that not a single case has been filed to date.

The CBSL states that investigations will be continued against companies engaged in these illegal practices and hopes at least one or two such cases would be filed by the end of this year or early next year (2026).

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NPP’s Nishantha Jayaweera sworn in as MP

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U. D. Nishantha Jayaweera was sworn in as a National People’s Power (NPP) National List Member of Parliament before the Speaker of the House – Dr. Jagath Wickramaratne, today (July 09).

He fills the Parliamentary seat left vacant following the resignation of Dr. Harshana Suriyapperuma last month.

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