News
Treasury bond scams:
CoI recommendation regarding forensic audits yet to be finalized, available reports with AG, CIABOC
By Shamindra Ferdinando
Over three years after Supreme Court Judge K.T. Chitrasiri led Presidential Commission of Inquiry (PCoI) into Treasury bond scams handed over its report to then President Maithripala Sirisena, the Monetary Board is yet to complete recommendation in respect of forensic audits.
Of the recommended forensic audits, five had been completed at a cost of Rs 275 mn and the remaining one not commissioned yet.
The Island recently sought an explanation as regards the delay in completing the recommended process from Director Communications, CBSL.
The Island: What is the status of the procurement process pertaining to the sixth forensic audit ordered by the CoI?
CBSL: The procurement process to select an audit firm to carry out the sixth forensic audit is underway.
The Island: Can you explain how forensic audits so far obtained at a cost of Rs 275 mn utilized by the CBSL?
CBSL: Copies of the five forensic audit reports have been submitted to relevant authorities including the Attorney General and the Auditor General to initiate actions, as necessary. As per the request of the Director General of CIABOC, certain reports were submitted to CIABOC. Further, the Monetary Board appointed an internal Task Force to facilitate and oversee implementation of the recommendations in the Forensic Audit Reports which entailed, among others, strengthening of processes, internal controls, etc.
The CoI comprised Supreme Court Justice K. T. Chithrasiri, the late Justice Prasanna S. Jayawardena and retired Deputy Auditor-General K. Vellupillai, while attorney-at-law Sumathipala Udugamasooriya functioned as its secretary.
The Monetary Board commissioned forensic audits in consultation with the Attorney General and the Auditor General to deal with issues subsequent to the CoI probe on the issuance of Treasury bonds during the period 01st February 2015 to 31st March 2016 and matters that had come to light over the recent years in audit reports and in findings of internal investigations pursuant to the exercise of certain regulatory and agency functions undertaken by the CBSL. The CBSL in response to a previous The Island query said that the procurement of the five forensic audits were carried out by a Cabinet Appointed Consultant Procurement Committee and the contracts were awarded to audit firms with a global practice and international experience in forensic auditing with the approval of the Cabinet of Ministers.
Former Chairman of the Committee on Public Enterprises (COPE) D. E. W. Gunasekera yesterday (30) told The Island that parliament owed an explanation as regards the implementation of recommendations, both of CoI as well as the forensic audits. Pointing out that parliament conveniently failed to debate the CoI report on Treasury bond scams perpetrated in 2015 and 2016, the veteran politician said the issue at hand could be taken up in spite of the Attorney General moving Colombo High Court against some of the Treasury scam suspects. Former CBSL Governor Arjuna Mahendran remained at large, the former minister said, urging both the government and the Opposition to be responsible in their response to the country’s biggest ever financial fraud.
Responding to another query, one-time General Secretary of the CPSL reminded the CoI report on Treasury bond scams wasn’t taken up for debate in spite of it being on the agenda paper of the parliament.
The former minister said that the incumbent government couldn’t absolve itself of the responsibility for properly utilizing forensic audits obtained at a staggering cost of Rs 275 mn. The outspoken retired politician emphasized that the 2019 Easter Sunday carnage, the alleged fraud in controversial duty reduction of sugar and a spate of other controversies, including import of contaminated coconut oil shouldn’t be allowed to divert attention away from Treasury bond scams.
Samagi Jana Balavegaya (SJB) lawmaker Dr. Harsha de Silva said that his party expected the Attorney General to act on the basis of CoI recommendations and the forensic audit reports. The former Deputy Minister noted that action had been initiated at the Colombo High Court Trial at Bar in respect of the Treasury bond scams.
News
PAFFREL sets 2026 voter census in motion, calls for vigilant party oversight
The voter census activities for the year 2026 are scheduled to commence on 1st February 2026, the People’s Action for Free and Fair Elections (PAFFREL) announced.Issuing a statement, PAFFREL stated that, as in previous years, census officers will not visit every household. They will only visit households relevant to updating the “A” and “Aa” lists, which include newly added and removed names. Only households from which voter information is to be collected will be visited.
According to PAFFREL, political party representatives will have the opportunity to observe how the census is conducted, and after officers collect the information, they may also observe the officers’ recommendations on whether a person is suitable or not to be registered as a voter.
Noting that if irregularities are observed, PAFFREL said representatives may notify the census officer in writing, with a copy of such notification promptly forwarded to the relevant District Deputy or Assistant Commissioner.
The organization listed possible irregularities, including:
Names of citizens with ordinary residence not being added as voters.
Eligible persons not being added or not recommended as suitable.
Persons under 18 years of age already registered or recommended for 2026 (not applicable to supplementary lists).
Persons without ordinary residence applying under certain addresses and being recommended as suitable.
Individuals applying to be registered under more than one address.
False information being presented for voter registration or ineligible persons being put forward.
Highlighting its long-standing experience, PAFFREL said that while political parties are allowed to appoint representatives at Grama Niladhari division level to observe the census process, only a few parties actually do so, while the majority fail to appoint representatives.
“We emphasize that raising complaints close to an election about supporters’ names not being included in the voter list is of no use. If political party representatives actively engage in this process, it will ensure that all eligible persons are included in the voter register and that ineligible persons are excluded,” PAFFREL added.
News
Christmas Full Mass is held in Brussels in remembrance of victims of Cyclone Ditwah in Lanka
The Sri Lankan Catholic and non-Catholic community in Belgium gathered for a Christmas Full Mass organised by the Embassy of Sri Lanka on 21 December 2025 at the Sri Lanka Residence in Brussels, in remembrance of the victims of Cyclone Ditwa. The service was attended by clergy and members of the Sri Lankan diaspora, combining the spirit of Christmas with solidarity and compassion.
As Sri Lanka continued to face the aftermath of the disaster, which caused loss of life, displacement of families, and damage to infrastructure, the Mass provided a space for collective mourning, reflection, and hope.
While welcoming the Sri Lankan community, the Ambassador of Sri Lanka to Belgium Chandana Weerasena stated that although Christmas is traditionally a celebration of joy, the Full Mass carried a deeper purpose of standing in solidarity with affected families and offering spiritual support for their healing and recovery. He also called upon the community to respond with compassion and action.
The Mass was presided over by Reverend Father Ranil Camilus and Reverend Father Anton Rohitha, who emphasised that the message of Christmas extended beyond celebration and symbolised love, generosity, and shared humanity. Prayers were offered for comfort, strength, and restoration for those affected.
The service included special prayers for the deceased, blessings for survivors, and for rescue workers and volunteers engaged in relief efforts. Candle lighting, a moment of silent reflection, floral tributes, and hymns reflecting peace and hope were also observed.The Mass concluded with refreshments served to the participants.
News
Nepal Embassy marks World Meditation Day with Swajagaran Program
The Embassy of Nepal in Sri Lanka celebrated World Meditation Day with a special Swajagaran (Self-Awakening Meditation) Program themed “Awakening Inner Stillness” at the Colombo Municipal Council. The event brought together distinguished guests, including members of the Maha Sangha, ambassadors, diplomatic representatives, government officials, and members of the Nepali and Sri Lankan communities.
Dr. Puma Bahadur Nepali, Ambassador of Nepal to Sri Lanka, opened the program with remarks emphasizing the growing relevance of meditation in addressing contemporary challenges such as stress, anxiety, and emotional exhaustion. Drawing on the shared Buddhist heritage of the two nations, the Ambassador highlighted principles such as the Four Noble Truths, mindfulness, and compassion, underscoring the role of wellbeing diplomacy in strengthening Nepal-Sri Lanka relations.
Ven. Dr. Kirinde Assaji Thero, Chief Incumbent of Gangaramaya Temple, spoke on the spiritual and ethical significance of meditation in fostering inner peace and harmonious societies, reinforcing the event’s core message.
The main session featured the Swajagaran meditation practice, led by Jeevan Vigyan instructor Prateek Sharma. The guided session focused on self-awareness, energy meditation, and achieving inner balance, reflecting the trinity approach of Jeevan Vigyan, which integrates yogasana, pranayama, and meditation. Sharma also elaborated on the philosophy and global vision of Jeevan Vigyan and The Awakening Project, emphasizing Nepal’s Himalayan contributions to science-based spirituality, conscious leadership, and peacebuilding.
Dr. Gamage, Chief Ayurvedic Doctor of the Colombo Municipal Council, highlighted the physical, mental, and emotional health benefits of regular meditation, further enriching participants’ understanding of the practice.
The program concluded with a Vote of Thanks by Vijay Kumar Raut, Deputy Chief of Mission, who acknowledged the support of the Maha Sangha, ambassadors, Jeevan Vigyan, Colombo Municipal Council, volunteers, participants, and the Embassy team.
Attended by around 60 guests, the event left participants with a renewed sense of calm, mindfulness, and commitment to inner peace and global harmony.
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