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Perpetual Treasuries gained while EPF lost - DSG Gunatillake

Central Bank bond scam probe

Deputy Solicitor General Milinda Gunatillake, refering to the submissions made by Additional Director of Information Technology Department of the Central Bank, yesterday, told the Presidential Commission probing the alleged bond scams that Perpetual Treasuries along with a few other Primary dealers had, through treasury bond transactions in the secondary market made high profits by selling bonds to the Employees’ Provident Fund (EPF).

The total net cash inflows of Perpetual Treasuries in its bond transactions with state institutions were in excess of Rs 6.6 billion and the lion’s share of them had come from the sale of Rs. 5.8 billion worth bonds to the EPF, said Gunatillake.


Former FM frowns on US embassy Iftar meal in Batti ….


Wartime Foreign Minister Rohitha Bogollagama yesterday told The Island that President Trump had unceremoniously ended a two-decade long tradition of hosting an iftar meal at the White House during the Muslim holy month o...

Judge allows Mahindananda time to file written objections

Colombo High Court Judge Sampath Wijerathne yesterday allowed the accused Mahindananda Aluthgamage, UPFA parliamentarian for the Kandy District, time till July 5 to file written submissions against the legality of the indictment against him.


Former President’s driver re-remanded

Colombo Magistrate Chanima Wijebandara yesterday further remanded till July 11, Tissa Wimalaratne, the driver of former President Mahinda Rajapaksa and another person named Lal Priyantha.

The Financial Crimes Investigation Division has complai...

Attempt to smuggle in diamonds, gold worth Rs. 16 mn thwarted

The Customs in the early hours of yesterday thwarted an attempt by a Sri Lankan to smuggle in diamonds and gold jewellery estimated to be worth approximately Rs 16 mn.

The Customs at the Bandaranaike International Airport (BIA) identified t...

Father, three children found hanging

A man committed suicide after hanging his three children on a jak tree opposite their humble home after being abandoned by his wife in Kamburupitiya yesterday.

The deceased was identified as Wickramasinghe Arachchilage Pathiranage Priyantha ...

Govt blames garbage pile-up for record dengue toll


The country has suffered a record 200 deaths from dengue fever this year, the health minister said Monday, blaming a garbage disposal crisis in Colombo.

Rotting garbage has been piling up in many parts of the capital since the country’s...

Stranded Scot begs for help to return home


A Scot whose husband was murdered in Sri Lanka is begging for help so she can return home.

Diane De Zoysa says she is destitute following the fatal shooting of husband Priyanjana De Zoysa, 26, last month.

She sold her house in Edinburgh las...

Govt launches mosquito control programme amidst further spike in dengue

The Health Ministry yesterday announced a two-week mosquito control programme. It said the number of dengue cases had topped 70,000 by the end of the last week of June. 

Ministry Spokesman, Nipun Ekanayake said 25 per cent of those...

Hemantha’s proposal to bring Indian doctors irks GMOA


The Government Medical Officers’ Association (GMOA) President Dr. Anuruddha Padeniya yesterday warned attempts to protect the South Asian Institute of Technology and Medicine (SAITM) would cause further turmoil.

The GMOA wouldn’t ...

Work on Muturajawela compost yard to begin next week


Megapolis and Western Development Minister Patali Champika Ranawaka considers Muturajawela as an open garbage dump, but Colombo Municipal Commissioner V. K.A. Anura says the process of installing machinery required to produce compost there will comm...

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