• SEC files action against four stockbrokers for market manipulation in 2011 - August 20, 2019

    The Securities and Exchange Commission of Sri Lanka (SEC), the regulator of the Colombo Stock Exchange (CSE), recently filed action against four stockbrokers for market manipulation carried out in 2011, it announced today. The action was filed on 25th July 2019 before the Fort Magistrate’s Court against Mr. Lanka Kannangara, Mr.[…]

  • Govt. dismisses concerns over Shavendra - August 20, 2019

    The Ministry of Foreign Affairs today responding to concerns posed by the USA, United Nations Human Rights Commission and Canada on the appointment of the new Army Commander  Lt. Gen. Shavendra Silva, said that the appointment was a sovereign decision made by the Head of State and any type of influence[…]

  • SIS must be independent: Committee - August 20, 2019

    By Skandha Gunasekara The three-member Presidential Committee appointed by President Maithriapala Sirisena to investigate the Easter Sunday attacks told the Parliamentary Select Committee (PSC) that the State Intelligence Service should be made an independent body. Committee Chairman Supreme Court Justice Vijith Malalgoda told the PSC that the State Intelligence Service[…]

  • Presidential committee admits it was unconstitutional - August 20, 2019

    By Skandha Gunasekara Members of the Presidential Committee appointed to probe the 21/4 attacks admits before the Parliamentary Select Committee (PSC) that the Presidential Committee had not been constituted under any existing laws. When PSC member MP M A Sumanthiran questioned as to which law the Presidential Commission was appointed[…]

  • Gota urged to support probe on him - August 20, 2019

    Former Defense Secretary Gotabaya Rajapaksa who aspires to be the seventh executive President of Sri Lanka has been urged to refute allegations against him and co-operate fully with all investigations. The Election Commission has also been urged to conduct a prompt and impartial investigation into allegations against Rajapaksa. The Centre[…]

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