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SLC issues clarification on fund transfer allegations

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In a statement, Sri Lanka Cricket (SLC) clarified assertions made by the Minister of Sports in Parliament regarding the transfer of USD 02 million from its accounts.

Earlier during today’s Parliament debate, Sports Minister – Roshan Ranasinghe stated that attempts were being made to withdraw USD 2 million from an account belonging to SLC from a state bank branch in Colombo.

SLC says it “categorically denies any attempt to transfer funds from its accounts to third party accounts and wishes to address the matter to provide clarity to the public.”

The statement further notes :

As the governing entity for cricket in Sri Lanka, SLC receives funds and sponsorship income in USD, which are intentionally kept in our USD accounts to leverage exchange rate fluctuations. However, it is important to note that SLC needs to carry out its operations in Sri Lanka and fulfill financial obligations to stakeholders, including suppliers, on a regular basis.

To meet these expenses, SLC follows the practice of transferring funds from its USD account to its local currency (LKR) accounts. This has been a longstanding practice, as SLC does not derive significant income in local currency. It is crucial to highlight that these transfers are solely for operational purposes and are not indicative of any attempt to transfer funds out of SLC’s accounts.

Thus, any claims stating that SLC is trying to transfer funds out of its accounts are false and factually incorrect. It is evident that such assertions have been made with ulterior motives, aiming to create unnecessary public unrest against SLC.

Additionally, we wish to state that SLC operates in accordance with the provisions of its constitution, which prohibits cash payments exceeding Rs. 10,000/-. Accordingly, and to clarify the misconceptions, we have taken steps to release a schedule to the Parliament and to the Ministry of pending payments, for which cheques have been issued to suppliers, stakeholders, and third parties who have provided services to SLC. The schedule covers the period from 17th August 2023 to 8th November 2023 and ensures that the necessary funds are available in our LKR account to fulfill these payments upon presentation to the bank.

SLC remains committed to transparency and upholding the integrity of its operations. We urge the public to disregard any misinformation and rely on authentic sources for accurate information. SLC will continue working diligently to support cricket development in Sri Lanka and maintain good governance.

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Committee to probe irregularities at Sri Lankan Airlines 

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President Anura Kumara Disanayake has instructed relevant authorities to establish a committee under the Presidential Secretariat to investigate allegations of corruption and mismanagement at SriLankan Airlines. 

The directive was issued during a four-hour meeting held today (May 20) at the Presidential Secretariat, attended by the airline’s Board of Directors and representatives from all affiliated trade unions.  

The discussions aimed to secure the collective commitment of stakeholders to uphold the government’s decision to retain state ownership of the airline, eliminate losses and steer it toward recovery. President Disanayake stressed that rebuilding SriLankan Airlines would be impossible without unified efforts, adding that the institution must develop its internal capacity to rebuild itself.  

Asserting the government’s role as the political authority, the President reiterated its commitment to making “all necessary sacrifices” to rescue Sri Lanka from its economic crisis. He emphasised that reviving the national carrier is the shared responsibility of its entire workforce.  

Highlighting the allocation of Rs. 20 billion from the budget for SriLankan Airlines, the President underscored the need for stringent fiscal accountability, noting that these funds, drawn from public taxes, must be utilised efficiently. He also welcomed the “positive trend” of April’s operational revenue surpassing targets.  

New proposals have been presented by the Board of Directors to transform SriLankan Airlines, which operates under government ownership, into a profitable entity. In line with these proposals, the trade union representatives who participated in the discussions stated before the President that they would extend their full support to achieving these goals. 

Key Attendees at the meeting included: Mr. Sarath Ganegoda, Chairman of SriLankan Airlines and members of the Board of Directors, representatives from trade unions, including: Flight Attendants’ Union (FAU), the Airline Pilots’ Guild of Sri Lanka (ALPGSL), the Association of Licensed Aircraft Engineers (ALAE), the SriLankan Airlines Aircraft Technicians’ Association (SLAATA), and the Sri Lanka Nidhahas Sewaka Sangamaya (SLNSS), the Inter-Company Employees’ Union (ICEU) and the SriLankan Airlines Executive Association (EASLA). 

(President’s Media Division)

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Several new appointments made

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Several new appointments have been made by Anura Kumara Disanayake.

Accordingly, the appointments made are as follows : 

Chief Innovation Officer of National Innovation Agency – Dr. Muditha Darshana Senarath Yapa Appointed 

New Secretary to the Ministry of Fisheries – Dr. Kolitha Kamal Jinadasa

Secretary to the Ministry of Rural Development, Social Security and Community Empowerment – Sampath Manthrinayake

Chief Secretary of the Northern Province – Ms. Thanuja Murugesan

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Dy. Prime Minister of New Zealand to visit SL

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Deputy Prime Minister and Minister of Foreign Affairs of New Zealand Winston Peters will be undertaking a visit to Sri Lanka from May 24 – 28, 2025.

During this visit, the Deputy Prime Minister is expected to pay courtesy calls on President Anura Kumara Disanayaka and Prime Minister Dr. Harini Amarasuriya, and hold bilateral discussions with the Minister of Foreign Affairs, Foreign Employment and Tourism H.M. Vijitha Herath, aimed at enhancing cooperation in the areas of trade and investment, agriculture, education, connectivity, tourism and sports. Deputy Prime Minister Peters is also expected to have several private sector and media engagements during the visit.

The Deputy Prime Minister will be accompanied by three senior officials from the Ministry of Foreign Affairs and Trade of New Zealand.

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