People’s Bank & NSB yet to recover loans worth Rs. 700 bn.!

Published

1 year ago

November 29, 2023

editor

Parliamentarian Patali Champika Ranawaka the amount of loans not recovered by the People’s Bank & National Savings Bank, amounts to Rs. 700 billion.

Speaking in Parliament today (Nov. 29), he said that it extremely unfair to recapitalize banks through public taxes without recovering these loans.

He also revealed that names of several MPs are also among the lists of those who owe to banks in this manner.

The MP emphasised that although the Committee of Public Finance has requested for the lists, the banks have failed to produce them so far.

He added that if these lists are revealed, the reputation of many persons who talk of things such as corruption, injustice as well as law and order, will be in tatters.

Therefore, what the government should actually do is to propose an active programme to recover these loans instead of pressing the taxpayer for more.

12-hr water cut in several areas of Colombo

Published

19 hours ago

May 23, 2025

editor

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

News

Investigations underway to arrest 20 criminals hiding overseas

Published

19 hours ago

May 23, 2025

editor

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.

News

Ex-Minister Duminda Dissanayake arrested

Published

19 hours ago

May 23, 2025

editor

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.