Connect with us

News

BASL files FR petitions in SC over economic crisis

Published

on

The Bar Association of Sri Lanka (BASL) has filed two fundamental rights applications in the Supreme Court yesterday on the present economic crisis in the public interest.

The applications were filed by the President of the BASL, Saliya Pieris PC; Deputy President, Anura Meddegoda PC; Secretary, Rajeev Amarasuriya; Treasurer, Rajindh Perera; and Assistant Secretary, Pasindu Silva.

The BASL has said in a media stateement: “The Petitioners have claimed that their fundamental rights under Articles 11, 12(1), 13(4), 14(1)(g), 14(1)(h) and 14A of the Constitution are being violated or are in imminent danger of infringement by the actions and/or inaction of the State including the Respondents. The Petitions have made the Attorney General, the Cabinet of Ministers, the Governor of the Central Bank, the Secretary to the Treasury, Secretaries to several Ministries, the Ceylon Electricity Board, the Ceylon Petroleum Corporation and the State Pharmaceutical Corporation as Respondents.

“The Petitioners have made the application as People of Sri Lanka in whom sovereignty is reposed and as People of Sri Lanka in whom is also imposed several Fundamental Duties, under Article 28 of the Constitution for and on behalf of the Bar Association of Sri Lanka, which is the apex professional body in Sri Lanka for Attorneys-at-Law and is committed to upholding the Rule of Law, Fundamental Rights, the Independence of the Judiciary and justice in Sri Lanka, in the public interest.

“The Petitions state that the Country is at present witnessing long queues for the purchase of essential supplies, mass protests and public unrest due to acute short ages and the sharp increase in the cost of goods and services including food, fuel and travel costs.

“The Petitioners complain that Sri Lanka is currently facing an unprecedented economic and financial crisis resulting in acute shortages of fuel, electricity, gas, food, milk powder and medicines. The Petitioners complain that they are compelled to come into court due to the severe shortages in essential goods and services that are considered vital for the survival and existence of the citizens of the Republic in whom is guaranteed the fundamental right to equality, equal protection of the law and the right to life under the Constitution.

“The Petitioners state that in view of the growing unrest and public protests witnessed across the island, they verily fear that there is a substantial, real and grave threat of a breakdown in the law-and-order situation of the Country and a substantial threat to the Rule of Law, which should be addressed through timely and proportionate measures within the legal framework of the country.

“The Petitioners are seeking orders from the Supreme Court:

“1. Directing the Cabinet of Ministers, and/or any other Respondents to immediately consult with all the relevant stakeholders and independent experts to formulate and implement policies to provide uninterrupted access to and to provide concessions in relation to the prices of essential goods and services to the people including LP gas, fuel, electricity, milk powder, medicines and food and to report to the Supreme Court of the policies formulated on the above;

“2. For directions on the Respondents to immediately formulate and implement short term policies and measures to ensure that the people have adequate access to such essentials as well;

“3. To seek directions on the 1” — 28’ Respondents which comprise the Cabinet of Ministers and/or any other Respondents to immediately consult with all the relevant stakeholders and independent experts including the International Monetary Fund to formulate and implement policies to provide uninterrupted access to essentials and report such findings/recommendations and their implementation to the Supreme Court;

“4. Seek directions to formulate mid-term and long-term policies to ensure that the People have uninterrupted access to essentials such as inter alia, food, medicine, fuel, gas and electricity and to formulate medium and long-term policies to provide concessions in relation to the prices of such essential goods and services;

“5. Directions on the Cabinet of Ministers to formulate an urgent national policy to provide immediate relief to the people and businesses affected by the present financial and economic crisis and to formulate and implement urgent policies to prioritize projects and programmes, to alleviate the foreign exchange crisis, guarantee uninterrupted supply of goods and services, control inflation and reduce the cost of living;

“6. Directions on the Cabinet of Ministers to formulate and implement urgent policies to promote the production of local agriculture, dairy farming, and animal husbandry to ensure food security;

“7. Directions on the Respondents in consultation with stakeholders, to formulate new systems, processes, rules and regulatory frameworks which assure transparency and good governance practices in respect of future public debt management.

The Petitioners will be represented by Dr. K. Kanag Isvaran PC, Uditha Egalahewa PC, Suren Gnanaraj and Pulasthi Hewamanne instructed by G.G. Arulpragasam.”



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Removing monk’s robes matter for Sangha to decide: Mahanayake Theras

Published

on

Ven. Gnanasara

The Mahanayaka Theras of all Nikayas have protested against Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera, who is serving a prison sentence for contempt of court, being produced before court in civilian attire.

In a letter to the Commissioner General of Prisons, the Mahanayaka Theras have said they were surprised and concerned by the decision to remove the monk’s robes.

The letter has been signed by Most Ven. Thibbotuwawe Sri Siddhartha Sumangala Thera of the Malwatu Chapter, Most Ven. Warakagoda Sri Gnanarathana Thera of the Asgiri Chapter, Most Ven. Karagoda-Uyangoda Maithri Murthi Thera of the Amarapura Maha Nikaya and Most Ven. Makulawe Sri Wimala Thera of the Ramanna Maha Nikaya.

The Mahanayaka Theras have said they respect the Constitution and the judicial process, but maintained that removing a monk’s robes or ending his status as a member of the Buddhist Order is a matter that should be decided by the Maha Sangha.

They have said the relevant Sangha Council has not determined that Ven. Gnanasara Thera committed a Parajika offence or any other offence warranting his removal from the Buddhist Order.

The Mahanayaka Theras have also referred to Regulation 550 of the Prison Standing Orders, which they say stipulates that convicted prisoners should not be taken to court in prison uniform and should be allowed to wear the type of clothing they normally wore before their conviction. In the case of a Buddhist monk, they have said, this means his monastic robes.

They also referred to the United Nations Standard Minimum Rules for the Treatment of Prisoners, which provide for prisoners taken outside prison to be allowed to wear their own clothing or other unobtrusive clothing.

The Mahanayaka Theras have requested the Commissioner General of Prisons to allow Ven. Gnanasara Thera to wear his robes when appearing in court and to maintain his status as a monk while he remains in prison.

Prisons authorities have said that the clothing decision was made under prison regulations, and the Prisons Department has stated that prisoners serving sentences of more than three years are required to wear prison-issued clothing when produced before court.

Continue Reading

News

NDB fraud Rs 60mn more than reported

Published

on

The Committee on Public Finance has said that the actual losses suffered by the NDB bank are much more than what was initially reported. When compared with the initial disclosure made by NDB on 6 April 2026, the reported amount of the fraud had increased by Rs. 0.4 billion, from Rs. 13.2 billion to Rs. 13.6 billion, the committee said.

When compared with the amount disclosed by NDB on 26 June 2026, based on the interim report dated 22 June 2026, the additional amount of fraud is Rs. 60 million.

The has committee issued the following statement: The Committee on Public Finance recently summoned officials of the Central Bank of Sri Lanka to Parliament to inquire into the financial irregularities identified at NDB Bank and the final audit report relating to the matter.

The Committee meeting, chaired by Member of Parliament Dr. Harsha de Silva, discussed irregularities identified in NDB Bank’s financial statements, shortcomings in the audit process, and the relevant audit reports.

The meeting was attended by Deputy Ministers Chathuranga Abeysinghe, Dr. Kaushalya Ariyaratne, and Nishantha Jayaweera, as well as Members of Parliament Attorney-at-Law Rauff Hakeem, Ravi Karunanayake, Ajith Agalakada, Nimal Palihena, Wijesiri Basnayake, M.K.M. Aslam, Champika Hettiarachchi, and Attorney-at-Law Lakmali Hemachandra.

The Committee also focused on the findings of the investigation conducted by the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAAMB), as well as the findings revealed through the investigation conducted by Deloitte Touche Tohmatsu India LLP. In particular, the Committee inquired into the failure of the external auditors to identify irregularities in NDB Bank’s financial statements.

The accountability of senior management with regard to corporate governance and risk management in relation to the financial irregularities was also discussed.

As a significant proportion of NDB Bank’s shares are held by institutions representing public and state funds, the Committee also considered the potential impact of such financial irregularities on public funds and the general public.

The Committee also discussed the progress made by LankaPay in establishing a centralized fraud monitoring system to prevent fraud within the financial system. The need to strengthen fraud monitoring systems at the individual bank level to monitor transactions carried out within each bank was also emphasized.

Accordingly, the following observations are included in the final audit report concerning the financial irregularities at NDB Bank:

1. The audit covers the period from 1 April 2016 to 31 March 2026. The audit report specifically identifies the financial impact arising from fraudulent transactions amounting to Rs. 13,639,664,684 (Rs. 13.6 billion).

2. According to the disclosure made on 29 September 2026, the financial impact arising from the fraudulent transactions is as follows:

· Rs. 1.5 billion for the period prior to 1 January 2025;

· Rs. 9.6 billion during 2025; and

· Rs. 2.5 billion for the quarter ended 31 March 2026.

3. Compared with the initial disclosure made by NDB on 6 April 2026, the reported amount of the fraud has increased by Rs. 0.4 billion, from Rs. 13.2 billion to Rs. 13.6 billion. Compared with the amount disclosed by NDB on 26 June 2026, based on the interim report dated 22 June 2026, the additional amount of fraud is Rs. 60 million.

4. The final audit report has also confirmed the previous disclosures that no customer accounts were affected as a result of the fraud incident.

5. The report has identified several governance failures at NDB relating to the processing of CEFT transactions, user-level activities within the Core Banking System, and the management of user credentials and access information. In addition, shortcomings have been identified in several operational areas, including transaction monitoring, daily account reconciliation, financial compliance, internal audit, branch network management, and operational risk management.

The audit report has made comprehensive recommendations to strengthen the control mechanisms, governance structures, and processes relating to the above-mentioned activities of the bank.

Continue Reading

News

President orders review of laws on treatment of imprisoned monks

Published

on

President Anura Kumara Dissanayake has ordered the formation of a committee to review the laws and regulations on how Buddhist monks serving prison sentences are treated, including the procedures that apply when they are taken out of prison.

He revealed this at a special meeting with Maha Sangha representatives held yesterday (8) at the Presidential Secretariat. The meeting was called after concerns were raised over how Ven. Galagoda Aththe Gnanasara Thera was treated when he was taken from prison to court.

The committee will recommend amendments to existing laws and, where needed, new prison standing orders and regulations. Its members will be drawn from the Attorney General’s Department, the Ministries of Justice, Public Administration, and Buddha Sasana, Religious and Cultural Affairs, and the Department of Prisons, including the Commissioner General of Prisons. It has been given two weeks to review the current legal provisions and submit its recommendations. The President added that any changes specific to Buddhist monks would be made in consultation with the Maha Sangha.

Outlining the legal background, the President said prison administration was governed by the Prisons Ordinance of 1877, along with the regulations and standing orders issued under it. That framework mostly addressed prisoners in general, he said, and had few provisions dealing specifically with Buddhist monks.

The meeting was attended by senior Maha Sangha members representing the Siyam, Amarapura and Ramanna Nikayas, along with Minister of Buddhasasana, Religious and Cultural Affairs Hiniduma Sunil Senevi and Minister of Justice Harshana Nanayakkara.

Continue Reading

Trending