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Sakvithi & wife pay another installment of Rs.5mn

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Popular English tutor Sakvithi Ranasinghe and his wife yesterday settled the second installment of Rs.5 million in the Colombo High Court after pleading guilty to the charges filed against them.

The amount was paid following a court order over the case filed against the two suspects for allegedly running an illegal financial institution without the approval of the Central Bank of Sri Lanka and accepting deposits over Rs.164 million from the people.

At a previous occasion, Ranasinghe and his wife pleaded guilty to the charges and agreed to pay the obtained amount in 20 equal installments. They settled the first installment on that day.

The Attorney General filed a revised charge sheet against the defendants for misappropriating an amount of 164,185,000 invested as deposits in a company called “Sakvithi Construction Company” in Nugegoda from January 01, 2006 to September 03, 2008.

When the case was taken up, Ranasinghe and wife were present in court.

The Attorney General had filed an indictment against Sakvithi Ranasinghe, his wife and eleven Board directors of Sakvithi House Construction Financial Institution. However, the Attorney General had previously decided to release the rest of the accused except Ranasinghe and wife from the case.

The next installment is to be paid on September 22. The Judge ordered the case to be taken up again on the same day.

Attorney-at-law Gamini Alwis appeared for the defendants along with Attorney-at-law Ravindra Senarath.

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Keeri Samba shortage : 40,000MT of rice to be imported

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The government has recommended to import 40,000 MT of substitute rice to address the shortage of Keeri Samba in the local market.

Following the notification by the Consumer Affairs Authority that sufficient stocks of Keeri Samba are not available, the Food Security and Cost of Living Committee, which met at the Presidential Secretariat yesterday (June 25) made the above recommendation.

Accordingly, around 5,000 MT of rice will be imported through state institutions while the remaining will be imported by the private sector, the PMD said.

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Indictments filed against Rambukwella family over 43 charges

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The Commission to investigate allegations of Bribery or Corruption (CIABOC) has filed indictments under 43 charges against  former Media, Health and Environment Minister – Keheliya Rambukwella and five other members of his family.

The indictments have been filed against the following accused, the first accused Keheliya Bandara Rambukwella, the second accused Priyadarshani Epa, the third accused Chamithri Jananika Rambukwella, the fourth accused Ramalee Rambukwella, the fifth accused Amali Rambukwella and the sixth accused – Isuru Bandara Polgasdeniya.

They were previously arrested over an investigation conducted under the Prevention of Money Laundering Act and were subsequently released on bail by the Colombo Magistrate’s Court.

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Annual bus fare revision to be announced after fuel price revision

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The National Transport Commission (NTC) has said that the annual bus fare revision will be announced after considering the fuel price revision scheduled for July 01.

Yesterday, transport authorities decided to reduce bus fares by 2.5% with effect from July 01.

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