News
Pandora papers: 4 more countries begin probes into alleged offshore secret wealth of elites
By Sanath Nanayakkare
The Pandora Papers had triggered a flurry of dramatic fallout around the world as current and former leaders in Chile, the Czech Republic, Ecuador, and Ukraine are facing official scrutiny over illegal financial dealings revealed by the Pandora Papers, International Consortium of Investigative Journalists (ICIJ) said yesterday.
“In addition, the list of officials from different countries pledging tax probes of those named in the files is growing”, ICIJ said.
“Further to these developments, we are also beginning to see plans for proposed reforms in the U.S. and the EU for shaking off their reputation for playing a central role in how rich people around the world seek to hide and accentuate wealth in their countries,” they noted.
“Our reporting has also had some early impact in the rarified world of precious artifacts: The Denver Art Museum is preparing to return four antiquities to Cambodia following our investigation with the Washington Post and other media partners on an indicted art dealer’s offshore links,” they added.
The government of India said on Oct. 04 that it would investigate cases related to Pandora papers. The official spokesperson of Central Board of Direct Taxes (CBDT) of India said that the probe would be monitored by a team headed by the chairman of CBDT. Other representatives of the multi-agency group include the Enforcement Directorate, Reserve Bank of India, Financial Intelligence Unit and CBDT.
According to Pakistani media reports, more than 700 people in the country were named in the papers, among them two members of the cabinet.
Pakistan Prime Minister Imran Khan addressing a high-level dialogue on ‘Financing for Development’ held on the sidelines of the 74th session of the UN General Assembly said that movement of ‘ill-gotten’ money was devastating the developing countries across the world.
“We have been trying our best to retrieve that money”, he said, conceding that even when his government located properties made from illegal money by Pakistanis abroad, it faced a number of legal lacuna and difficulties in trying to bring that money back.
He called upon developed countries to do better as far as the return of illicit wealth was concerned, saying “there is a lack of political will in the rich countries because they gain from it”.
Sri Lanka’s Thirukumar Nadesan and his wife Nirupama Rajapaksa were named in the Pandora papers
According to Pandora papers, the British-educated Nadesan – businessman and trustee of several Sri Lankan Hindu charities and temples had established shell companies and trusts in offshore jurisdictions.
Soon after the exposé, Thirukumar Nadesan had written to President Gotabaya Rajapaksa declaring his innocence and requesting an impartial investigation.
Cabinet spokesman Dullas Alahapperuma said on 06 Oct. that the President had asked Commission to Investigate Allegations of Bribery or Corruption to conduct an investigation and issue a report on the assets of Nirupama Rajapaksa and her husband Thirukumar Nadesan within one month.
News
Fast Attack Craft P 4447 recovered in successful salvage operation
The Sri Lanka Navy successfully recovered its Fast Attack Craft P 4447 following a successful salvage operation, bringing a multi-stage emergency response to a close.
The craft, which ran into distress during a routine patrol on 15th August 2026 off Angulana, was brought to the surface on 11th September, from a depth of approximately 80 feet. It was
subsequently towed to the Colombo Dockyard premises.
The initial phase of the operation immediately following the incident focused on search and rescue. A joint effort involving the Navy, Air Force, Police, and local fishermen from Angulana
resulted in the rescue of 11 crew members. The search and rescue phase drew to a close with the recovery of the remains of the Second in Command of the craft, on 4th September.
Following the search and rescue phase, specialized Navy diving and salvage teams launched a dedicated recovery phase against rough sea conditions and underwater challenges, adhering to
strict safety protocols. The Navy’s marine, hull, electrical, and electronic engineering teams utilized specialized technical know-how and equipment to raise the vessel in stages.
Thus, the salvage operation marked an outstanding achievement attained through the professionalism, technical expertise of Navy divers, and coordinated contribution of all
engineering and technical branches of the Sri Lanka Navy. Technical support and specialized expertise were also extended by the Sri Lanka Ports Authority and Colombo Dockyard PLC.
News
CIABOC member’s appointment: Controversy over Speaker under probe heading selection process
By Shamindra Ferdinando
The Opposition should intensity its focus on the forthcoming selection of a member of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) and remain vigilant as Speaker Dr. Jagath Wickremaratne, MP, the head of the Constitutional Council (CC) tasked with making the relevant recommendation, is under investigation by the CIABOC, sources familiar with the ongoing inquiry told The Island.
Chethiya Goonasekara, PC, is expected to complete his three-year term on Dec 31, 2026. Sources pointed out that CIABOC Commissioners are appointed by the President on the recommendation made by the 10-member Constitutional Council.
The CIABOC initiated the investigation following a complaint lodged by suspended Chief of Staff and Deputy Secretary General of Parliament Chaminda Kularatne in early February this year. Sources said that as Goonasekera is scheduled to complete his term toward the end of 2026, the CC would have to call applications soon to choose the successor.
Goonasekara received his appointment from President Ranil Wickremesinghe in January 2024. A Justice W. M. N. P. Iddawala was appointed Chairman of the CIABOC. The other commissioner is K. Bernard Rajapakse.
Asked whether Iddawala and Rajapakse, too, would complete their terms soon, sources said that in terms of the Anti-Corruption Act No 09 of 2023, the Chairman of CIABOC would hold office for a period of five years, second commissioner (K. Bernard Rajapakse) for four years and the third commissioner (Chethiya Goonasekara) for a period of three years.
Sources said that the Opposition as well as civil society representatives in the CC should take up the issue of Speaker facing an investigation by the CIABOC taking part in the forthcoming selection process. Responding to queries, sources emphasized that the issue was whether in terms of Section 107 of the Anti-Corruption Act the participation of the Speaker in the selection process amounted to a violation of the Act itself.
The current members of the CC are Dr Jagath Wickramaratne, Speaker and Chairman of the Constitutional Council, Dr. Harini Amarasuriya, Prime Minister, Sajith Premadasa, Leader of the Opposition, Bimal Rathnayake, MP, Aboobucker Athambawa, MP, Ajith P. Perera, MP, Sivagnanam Shritharan, MP, Austin Fernando, Civil society representative, Prof. Wasantha Seneviratne, Civil society representative and Ranjith Ariyaratne, Civil society representative.
Sources pointed out that in spite of the sensitivity of the case, the CIABOC recorded Kularatne’s statement in the second week of August, six months after he lodged the complaint.
The CIABOC on 3, 8 and 10 Sept recorded the statements from the Transport Officer, Deputy Director, Administration and Assistant Director, Finance regarding the use of facilities by the Speaker, those assigned to his staff and other relevant matters.
The NPP named Dr. Wickramaratne as the Speaker after Asoka Ranwala resigned over controversy regarding his higher education qualifications.
SJB lawmaker Dayasiri Jayaskera has repeatedly raised the issues concerning the Speaker with the focus also on the Speaker using two government-managed residences, relevant staff in addition to expenditure on food, transport and fuel provided to the Speaker’s private secretary.
Political sources said that trouble erupted after the Parliamentary Staff Advisory Council in late January sacked Kularatne accusing him of providing false information to secure his appointment. Before being appointed as the Deputy Secretary-General of Parliament in 2023, Kularatne held several high-ranking positions, including Secretary to the Chief Government Whip, Additional Secretary to the President, Additional Secretary to the Prime Minister, and Additional Secretary to the Leader of the Opposition.
The SJB declared in Parliament that Ranwala should be brought back as the Speaker as they have no faith in Wickramaratne. MP Mujibur Rahuman jokingly told parliament that the Opposition wouldn’t raise Ranwala’s educational qualifications.
News
GMOA: Countrywide cadre revision not done since 2015
The Government Medical Officers’ Association (GMOA) has stressed the need to conduct a comprehensive countrywide cadre revision urgently.
GMOA spokesman Dr. Lasitha Dhammika told The Island that the failure on the part of successive governments to conduct cadre revision caused the deterioration of the public sector health services. Due to the absence of required statistics, they hadn’t been able to fully comprehend the situation on the ground and to ascertain the requirements of the public.
Dr. Dhammika pointed out the expansion of the services without supporting statistics and the need to initiate an immediate cadre revision. According to him, the GMOA had raised this issue with successive governments without success. The GMOA spokesman said that they also sought relevant information from the Health Ministry in terms of the Right to Information (RTI) Act two weeks ago but was yet to receive response.
(SF)
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