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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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Easter Sunday bombings : Rs. 295 mn. paid as compensation

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The annual reports of the Office of Reparations have revealed that over Rs. 295 million (295,499,069) have been paid as compensation to victims and property damage of the Sunday Easter bombings.

Under this, Rs. 273,747,000  have been paid as compensation for 719 victims while Rs. 21,752,069 have been paid as compensation for property damages.

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350 medical specialists have left SL

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A study conducted by a group of specialist doctors at the Ministry of Health has revealed that 350 specialists have left the country during recent times.

Many of them have left for countries such as UK and Australia. According to a spokesperson of the ministry, economic hardships have been cited as one of the main reasons for them to do so.
Doctors suggest that the government should provide an immediate solution to this issue.

Commenting on the issue, Secretary of the Health Ministry – Dr. Palitha Mahipala says that there is still a shortage of anesthetists and pediatricians after most of them had left the country.

However, some who have gone for training, are returning after their training is complete, he adds.

Meanwhile, sources in the Health sector also say that over 200 nurses too have gone overseas, but new recruits have enabled to prevent hospital operations from continuing without hindrance.

(Source : Lankadeepa)

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Details of SL recruits in Russian military, sought

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Sri Lanka has sought a report from Russian authorities on details of Sri Lankan military recruits and how many of them have died during the Russian-Ukraine conflict, the ‘Aruna’ newspaper reports.

According to a directive by the Ministry of Foreign Affairs of Sri Lanka, the Sri Lankan Embassy in Russia has forwarded this request to the Russian Ministry of Defence.

Previously, the Human Trafficking, Human Smuggling and Maritime Crime Investigation Division (CID) arrested a retired major and an employment agent, identified as leaders of an organized scheme that recruited retired military personnel as mercenaries for the Russian army.

The Defence Ministry in Sri Lanka has urged the Tri Force commanders to brief Tri Force personnel not to fall for such rackets.

(Source : Aruna)

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