An Assistant Director of the External Resources Department (ERD) of the Ministry of Finance, interdicted pending an investigation into the diversion of US$2.5 million in Treasury funds to a rogue account was found dead at his residence in Kuliyapitiya.

The deceased has been identified as Ranga Nishantha, 50.

Police said the officer had been found in the garden of his house and they believed that the officila had committed suicide. However, investigators have not ruled out other possibilities, and inquiries are continuing.

The official was interdicted along with three other senior Finance Ministry officials over a cyber-enabled financial fraud.

Those interdicted include a Director and an Assistant Director from the ERD, as well as a Director and an Additional Director General from the Public Debt Management Office (PDMO).

Police sources said that the CID had on two occasions asked Nishantha to make a statement in connection with the ongoing investigation, but he had failed to comply.

Police said the CID probe into the alleged cyber fraud is continuing, with investigators examining the circumstances surrounding the diversion of funds through compromised communication channels.Kuliyapitiya Police said further investigations were underway to establish the exact cause of death.

FSP accuses govt. of reducing Sri Lanka to a puppet of India by giving away sensitive data

Jana Aragalaya Movement, affiliated to the Frontline Socialist Party, yesterday raised alarm over a move to hand over Sri Lankans’ fingerprint and iris biometric data to a blacklisted foreign company.

Speaking at a media briefing in front of the Ministry of Fisheries yesterday Jana Aragalaya Movement National Operational Committee Member Wasantha Mudalige alleged that India was seeking access to Sri Lanka’s sensitive national data systems in a bid to exert influence over the country.

He said that decision-making authority over the proposed biometric identity card system was being ceded to India.

Mudalige said the electronic identity card project, launched in 2012, had already cost Rs. 5.6 billion in software development, with a further Rs. 600 million needed for completion. However, he alleged that in 2021 the Gotabaya Rajapaksa administration had moved to integrate the project

with India for biometric implementation, despite substantial local investment already made.

He said a government tender process had been initiated but later stalled after bidders failed to meet required qualifications.

He alleged that in 2023 the Ranil Wickremesinghe administration had attempted to award the project to Madras Security Printers, a company blacklisted over an excise-related fraud case, and that the move was halted following public opposition.

Mudalige added that after President Anura Kumara Dissanayake assumed office, Sri Lanka had signed an agreement with India in January 2025 under which tendering authority was also transferred.

He alleged that while five Indian companies were initially registered, a sixth company—Madras Security Printers—was later added by March 2026, raising further concerns.

Calling for urgent clarification, Mudalige warned that Sri Lanka risked undermining its sovereignty and national security, insisting the country must not be reduced to what he termed a foreign “puppet state.”

by Chaminda Silva

Sri Lanka’s inflation rose sharply in April 2026, with the overall rate, as measured by the Colombo Consumer Price Index (CCPI) on a year-on-year basis, increasing to 5.4% from 2.2% in March, according to the Department of Census and Statistics.

Food inflation climbed to 2.8% in April, up from 0.7% in the previous month, while non-food inflation rose to 6.8% from 2.9% over the same period.