News
SJB alleges section of govt. raising funds for next presidential election
Latest sugar tax scam:
‘IMF’s conditions disregard regardless of suspension of bailout package’
By Shamindra Ferdinando
Top SJB spokesman Mujibur Rahman yesterday (12) alleged that a section of the Wickremesinghe-Rajapaksa government seemed to be raising funds for the presidential election scheduled for next year.The former SJB MP said that a well-organised operation was underway to raise funds at the expense of the country.
Rahman told The Island that the recent increase in the Special Commodity Levy (SCL) imposed on imported white sugar had been raised from 25 cents to Rs 50 a kilo immediately after the clearing of 8,500 metric tonnes of sugar from the Colombo Port indicated that the government was busy raising campaign funds.
However, Saman Ratnapriya, President Ranil Wickremesinghe’s Director General of Trade Unions last week claimed that only 520 metric tonnes had been imported immediately before the government effected an increase of SCL from 25 cents to Rs 50.
Rahman said that such a fraud couldn’t have been carried out without the blessings of the powers that be. Rahman compared the loss of Rs 1.6 bn revenue as a result of the mega sugar tax scam perpetrated in late 2020 by the Gotabaya Rajapaksa’s government.
Responding to another query, Rahman stressed that the government seemed to have simply ignored the IMF’s recent advice regarding the urgent need to enhance public sector revenue. “They have quite conveniently forgotten the suspension of the IMF’s USD 2.9 bn bailout package pending tangible actions on its demands,” Rahman said, urging relevant parliamentary watchdog committees to inquire into the latest sugar scam.
In terms of the agreement reached with the IMF in March this year, Sri Lanka was to receive funds in eight equal tranches, Rahman said.The former MP pointed out the responsibility on the part of the parliament to ensure action was taken on sugar scams perpetrated in 2020 and this year as the culprits could be the same.
The one-time parliamentarian said that regardless of assurances given by the government, the Finance Ministry was yet to recover the losses suffered as a result of the 2020 fraud.
Rahman urged professionals to take up this issue as the government burdened the public with additional taxes whereas the unscrupulous elements made massive profits overnight.
“We expect the IMF and other lending agencies as well as major bilateral lenders to take up the contentious issue of corruption with this government,” Rahman said, pointing out the government revised the SCL just two weeks ahead of the presenting of 2024 budget.
Rahman said that the Cabinet-of-Ministers owed an explanation regarding the sugar tax scam as one of them namely Labour and Foreign Employment Minister Manusha Nanayakkara is on record as having alleged the powers that be alerted the sugar importers of the impending revision. The relevant parliamentary watchdog committee could ask Minister Nanayakkara to justify his declaration, Rahman said, requesting the Election Commission to take note of their concerns.
“What is the point of enacting laws to control campaign funds when the government in power raises money for elections at the expense of the national economy,” Rahman said.
The ex-MP said that the government suffered a loss of Rs 422 mn due the latest scam. Alleging that a former minister, too, had been involved in the current episode, Rahman said that the Yahapalana government collapsed as a result of corruption at the highest level.
Rahman said that successive governments had ignored the Auditor Generals’ reports which shed light on public sector corruption. Had there been laid down procedures to deal with disclosures made by the AG, the country wouldn’t have been in the current financial mess.
News
Pakistan naval trio leaves Colombo after goodwill visit
Wrapping up their goodwill and replenishment visit, the Pakistan Navy ships ‘PNS Taimur’ and ‘PNS Aslat’, along with the submarine ‘PNS/M Hangor’, departed the island on 04 Jun 26. The naval units, which arrived in Sri Lanka on 01 June, were accorded a traditional naval send-off by the Sri Lanka Navy at the Port of Colombo, upon their departure.
During their stay, the Commanding Officers of Pakistan Navy ships and submarine called on the Commander Western Naval Area and the Flag Officer Commanding Naval Fleet at the Western Naval Command Headquarters, where discussions were held on several matters of mutual interest.
Meanwhile, Sri Lanka Navy personnel had the opportunity to visit the visiting Pakistan Navy ships and submarine. Furthermore, the crews of the visiting vessels explored the rich heritage of Sri Lanka, taking time to tour several culturally significant landmarks across the island.
News
China, Lanka intensify cooperation to fight cross-border crimes spreading across Asia and beyond
China and Sri Lanka have intensified joint law enforcement efforts to combat cross-border online gambling and telecom fraud, crimes that authorities warn are increasingly spreading across Asia and beyond.
The Chinese Embassy in Colombo said both countries are working closely to dismantle scam centres and fraud networks that have relocated to Sri Lanka from other parts of Southeast Asia. The Embassy noted that such operations often intertwine with human trafficking and other serious crimes, posing grave risks to public security and social stability.
China’s position on cross-border gambling remains firm: Chinese capital is prohibited from investing in overseas casinos, citizens are barred from operating them, and foreign casinos are forbidden from soliciting Chinese nationals. The Embassy stressed that gambling “almost invariably leads to financial ruin,” with tens of thousands of Chinese citizens suffering losses and harm. Recent amendments to China’s Criminal Law have criminalised cross-border gambling activities.
The Embassy pointed out that Sri Lankan authorities have carried out multiple raids in recent months, dismantling gambling and fraud dens and arresting suspects from several countries. Several Chinese nationals, involved in fraud-related crimes, have been handed over to Chinese authorities, producing what officials described as a strong deterrent effect.
The Chinese Embassy praised the efforts of Sri Lanka’s ministries of Foreign Affairs, Finance, and Public Security, particularly immigration and police officials, for their cooperation.
It warned that without firm and immediate measures, the spread of illegal gambling and fraud could damage Sri Lanka’s international image, undermine social stability, and harm the safety and security of its people.
China has already conducted similar law enforcement cooperation with countries including Spain, the UAE, Myanmar, and Cambodia, leading to arrests and repatriations of overseas fraud suspects. It has also proposed the creation of an international alliance against telecom and online fraud to coordinate global efforts, it said.
Going forward, China pledged to actively implement the Global Security Initiative and Global Civilization Initiative, while continuing to deepen law enforcement and security cooperation with Sri Lanka.
The Embassy said these efforts aim to safeguard lives and property, protect financial security, and build a “clean, safe, and beautiful Sri Lanka,” while contributing to a new global framework for combating transnational crime.
News
Asst. Manager, security officer arrested over Rs 30 mn snatch at Horana PB branch
An assistant manager and a security officer, attached to a state bank branch in Horana, have been arrested in connection with the robbery of more than Rs. 30 million that was being transported to replenish automated teller machines (ATMs), Police said.
The two suspects were taken into custody on Friday after statements were recorded from them regarding the incident, which occurred on Wednesday afternoon at the Horana branch of the People’s Bank.
According to Police, a bank employee was carrying two bags containing cash through the rear entrance of the bank at around 2.45 p.m. when an individual, who had arrived on foot, allegedly snatched the bags and fled the scene.
The stolen money, amounting to approximately Rs. 30.5 million, had been prepared for distribution to ATM machines and transportation to other bank branches. Earlier reports had estimated the loss at around Rs. 35 million.
Investigators subsequently arrested a suspect believed to have been directly involved in the robbery and recovered Rs. 17 million of the stolen cash.
Police have not disclosed the exact circumstances that led to the arrest of the assistant manager and security officer but said investigations uncovered information linking them to the incident.
The Western Province North Crime Division is conducting further investigations to determine whether additional suspects were involved and to recover the remaining stolen money.
The daring daylight robbery has raised concerns over security procedures employed during transportation of large sums of cash to/from banking institutions.Further investigations are continuing.
by Norman Palihawadane
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