Connect with us

News

President to address the nation today: Semasinghe

Published

on

Finance State Minister Shehan Semasinghe yesterday (20) said that President Ranil Wickremesinghe will address the nation today (21) on the main step forward in obtaining the assistance of USD 3 billion from the International Monetary Fund (IMF).

Mr. Semasinghe said that the necessary background to obtain the IMF approval was created as a result of the patience of the people as well as the unpopular but necessary reforms implemented by President Wickremesinghe.

“With the irresistible courage and commitment of the President, the Ministry of Finance, the Central Bank of Sri Lanka and other institutions, as well as the support of the IMF,  we received the opportunity to access the IMF credit facility at the end of a massive process of eight months with the help of the creditors of our country and other countries. This approval was essential for the country at this time. The time has come for all of us to work together to strengthen the country’s economy,” he said.

Mr. Semasinghe said that he has performed the duties assigned to him by the President not only as a public representative but also as a Sri Lankan.

News

Ex-chairman of Lindula-Talawakelle UC, remanded

Published

on

By

Former chairman of the Lindula-Talawakelle Urban Council – Asoka Sepala has been arrested today (June 02).

The Colombo Chief Magistrate has ordered to remand the suspect until June 11.

The former chairman has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) for causing a loss of Rs. 2.38 million to the government, during the issuance of a tender to lease stall belonging to the Urban Council.

It is said that instead of awarding the tender to the highest bidder, it was given to a lower bidder, resulting in the aforementioned loss.

Continue Reading

News

Halloluwa further remanded

Published

on

By

Former Director of the National Lotteries Board (NLB) – Thusitha Halloluwa, has been further remanded until June 04, by the Fort Chief Magistrate’s Court.

Halloluwa remains in custody over alleged misappropriation of government assets belonging to the NLB.

He was previously arrested and released on bail on May 02 over the alleged misuse of a computer and a mobile phone valued at over Rs. 470,000 during his tenure as the Acting Director of the National Lotteries Board.

Continue Reading

News

Electricity (Amendment) Bill challenged

Published

on

By

The Electricity (Amendment) Bill, which was recently tabled in Parliament, has been challenged in the Supreme Court.

Accordingly, the Supreme Court today (June 02) ordered that the petition filed by the Ceylon Electricity Board Engineers’ Union requesting a ruling that certain provisions of the Electricity Bill are unconstitutional be taken up for hearing on June 06.

The order was issued when the petition was taken up before a three-member Supreme Court bench comprising Justice A.H.M.D. Nawaz, Arjuna Obeyesekere and Priyantha Fernando.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved