News
Johnston shoots down JVP allegations against third phase of Central Expressway
Shooting down allegations by JVP-led outfit Anti-Corruption Front that there had been massive corruption in the third phase of the Central Expressway construction, Government Chief Whip and Highways Minister Johnston Fernando yesterday said that the project had not even completed its procurement stage.
Addressing the media at the Ministry of Highways auditorium, Minister Fernando asked how such allegations of corruption to the tune of billions could be levelled against a project whose procurement was yet to be completed. “There are media reports quoting former JVP MP Wasantha Samarasinghe that corrupt deals to the tune of billions of rupees have taken place in the third phase of the Central Expressway. There is no basis for those allegations because the project’s procurements are still in progress. One could raise any allegation after the completion of the procurement stage. They could even go before courts challenge the procurement process if there is anything wrong when it is completed. That is the law. In the same way, it is wrong to influence the procurement process. The JVP is doing just that. This is their way of influencing the procurement process,” the minister said.
Minister Fernando assured that there would be no room for any corruption under his watch in the construction of the Central Expressway. “I categorically state that there would be no chance for any corruption. Samarasinghe in his allegation has stated that a company by the name of MCC. Following his allegation, I inquired of this allegation from the Secretary to the Ministry. I was told that there was no such company bidding for the tender to construct the third phase of the Central Expressway and that procurement for that stage of construction was still in progress and none could state figures of any kind since we still have not awarded any tenders. These allegations are baseless. Their objective is to instigate people with lies. It is their way to propagate lies and instigate people. By doing so they could influence the procurement process. I tell Samarasinghe to take care to find actual facts before making wild allegations on the basis of handouts given to them by private companies. They got their vote base reduced from 6 percent to three percent because of the wild allegations they used to propagate lies such as Lamborghinis and golden horses. They still have not got rid of their habits of living by the lies,” the Minister said. (SI)
News
Amendment of the Inland Revenue Act No. 24 of 2017
Approval of the Cabinet of Ministers has been granted at their meeting held on 19.05.2025 in order to introduce amendments to the Inland Revenue Act No. 24 of 2017 including the proposed tax revisions to enhance the tax structure paving way for state financial integrity based on revenue.
Accordingly, the revised draft bill has been prepared by the legal draftsman and clearance of the Attorney General has been received.
Therefore, the Cabinet of Ministers has granted approval for
the resolution furnished by the President in his capacity as the Minister of Finance, Policy Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and subsequently, forward the same to the Parliament for its concurrence.
News
Cabinet nod for “National Mineral Policy” – 2026
The National Mineral Policy was prepared for the first time in the year 1999, and the aforementioned policy has been amended in 2023 to cover matters such as preparing an updated data system related to mineral resources, adding value to the export of minerals, encouraging mineral-related industrialists, extracting mineral resources and managing the environment sustainably, and resolving the issues related to the ownership of the land arising in extracting mineral resources.
The revised National Mineral Policy has been reupdated in line with the manifesto “A Sustainable Resource Utilization – Generation of the Highest Benefit” under the policy statement of the current government” A Thriving Nation – A Beautiful Life.”
Accordingly, the Cabinet of Ministers has approved the resolution presented by the Minister of Industries and
Entrepreneurship to implement the so-formulated “National Mineral Policy—2026.”
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