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Police protection for ATMs!

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Steps have been taken to increase patrols in areas where ATMs are available, police said.

Police Spokesperson SSP Nihal Thalduwa said legal action has also been taken against the suspects involved in recent ATM robberies.

Meanwhile, an ATM belonging to a state bank at Gattuwana Junction in Kurunegala has also been robbed recently.

Police said a criminal who escaped from prison had stolen Rs. 9 million by cutting the ATM machine with a grinder on the pretext of repairing it.

The suspect is identified as Vidusha Indrajith Adhikari. He had escaped the prison while being imprisoned for stealing Rs.7.6 million from an ATM of a state bank fixed in the car park near the Minneriya Army Camp in the same manner on November 26, 2021.

The 30-year-old suspect is a resident of Eppawala.

A sign had also been placed outside the room where the ATM machine was located stating that repair work was going on.

Therefore, no one had suspected the robbery.

Police said he had taken about three and a half hours to cut open the ATM.

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Showers expected in part of the island today

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Several spells of light showers will occur in the Western, Sabaragamuwa and North-western provinces and in the Nuwara-Eliya, Kandy, Galle and Matara districts today (July 04), the Department of Meteorology said.

Showers or thundershowers may occur at a few places in the Uva province and in the Ampara and Batticaloa districts during the afternoon or night.

Meanwhile, fairly strong winds of about 30-40 kmph can be expected at times over the Western slopes of the central hills and in the Northern, North-central and North-western provinces and in the Trincomalee and Hambantota districts.

The general public has been requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers.

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IMF grants waivers despite obligation breach & erred reporting

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The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (EFF) as well as inaccuracies of information reported to the IMF.

However, the IMF has decided to grant waivers and not pursue further action, citing corrective measures and a commitment to reform by Sri Lankan authorities.

Following the Executive Board’s discussion, Deputy Managing Director and Acting Chair – Mr. Kenji Okamura, has issued the following statement:

“The Executive Board of the International Monetary Fund (IMF) reviewed non complying purchases made by Sri Lanka under the 2023 Extended Arrangement under the Extended Fund Facility (“EFF”), as well as a breach of obligations under Article VIII, Section 5. The noncomplying purchases arose as a result of the provision of inaccurate information by the authorities on the stock of expenditure arrears at the first, second, and third reviews under the EFF.

“The inaccuracies in information provided to the IMF were inadvertent and arose because of weaknesses in the timely reporting of arrears by line ministries to the Ministry of Finance, as well as a misunderstanding by the authorities of the definition of “arrears” under the Technical Memorandum of Understanding. 

“The Executive Board positively considered the authorities’ corrective actions, the fact that arrears repayments will be accommodated within the existing fiscal envelope, and the authorities’ commitment to improving public financial management procedures in line with the new PFM law, to reduce the risk of accruing arrears or inaccurate reporting of information going forward. In view of the above, the Executive Board agreed to grant waivers for the nonobservances of the quantitative performance criterion that gave rise to the noncomplying purchases and decided not to require further action in connection with the breach of obligations under Article VIII, Section 5.”

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Abdul Wazeeth appointed to Parliament from SLMC national list

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Abdul Wazeeth of the Sri Lanka Muslim Congress (SLMC) has been appointed as a Member of Parliament, the National Election Commission has announced.

His appointment comes following the resignation of former MP M. S. Naleem, who had entered Parliament through the SLMC National List after the 2024 parliamentary election.

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