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Lithuanian Consulate warns Lankans of fraudulent cryptocurrency adverts
Director of the Lithuanian Consulate has warned Sri Lanka digital platforms to take decisive action against fraudulent cryptocurrency advertisements circulating on social media platforms, falsely featuring Sri Lankan Prime Minister Dr. Harini Amarasuriya and other prominent public figures.
Director of the Lithuanian Consulate Kanchana Kodituwakku alleged that these fraudulent cryptocurrency advertisements were linked to what he described as Lithuanian entities
The following is the text of the statement issued by the Lithuanian Consulate yesterday: “We are deeply concerned over recent reports of fraudulent cryptocurrency advertisements circulating on social media platforms, falsely featuring Sri Lankan Prime Minister Dr. Harini Amarasuriya and other prominent public figures. These deceptive campaigns, identified by the Prime Minister’s Office of Sri Lanka, are being operated by foreign entities with the intent to mislead Sri Lankan citizens. It has been further reported that these fraudulent advertisements originate from accounts allegedly linked to Lithuania, raising concerns over their transnational nature and the exploitation of digital platforms for financial scams.
In response to these developments, the Lithuanian Consulate to Sri Lanka has taken immediate steps to address the issue: 1. Engaged with the Embassy of Lithuania to officially convey the concerns raised by Sri Lankan authorities and seek their guidance. 2. Requested formal clarification from relevant Lithuanian authorities regarding the alleged connections to fraudulent activities. 3. Communicated with relevant Sri Lankan government agencies to express the Consulate’s readiness to cooperate in any investigations. 4. Called for enhanced international cooperation between Sri Lankan and Lithuanian authorities to identify and mitigate the fraudulent activities. 5. Urged social media platforms, particularly Meta (Facebook’s parent company), to take stronger measures in preventing the spread of fraudulent advertisements.”
The statement quoted Kanchana Kodituwakku as having stated: “The Lithuanian Consulate to Sri Lanka strongly condemns any fraudulent activities that seek to exploit the trust of Sri Lankan citizens. Upon receiving reports of these deceptive cryptocurrency advertisements, we acted swiftly to bring the matter to the attention of the Lithuanian Embassy and relevant authorities. The Consulate remains fully committed to supporting efforts that protect Sri Lankan and Lithuanian interests and will continue to work towards enhanced collaboration between regulatory and enforcement agencies. We also urge digital platforms to take decisive action against fraudulent content to prevent further exploitation of their users.” The Lithuanian Consulate to Sri Lanka will continue to monitor developments and provide necessary updates in coordination with Sri Lankan and Lithuanian authorities.”
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Addressing Parliament, the President stressed that no military conflict benefited humanity, particularly at a time when destructive military technologies were rapidly advancing.
“Any military conflict does not create a favourable situation for any group of people,” he said, urging all parties to make urgent commitments towards peace. “As Sri Lanka, our position is that all parties involved in this war must, as soon as possible, take steps toward a peaceful world.”
He cautioned that Sri Lanka could not remain insulated from the fallout from the conflict, noting that disruptions to global oil and gas supplies, threats to migrant workers in the Middle East, and potential shocks to tourism, remittances, shipping and aviation were real concerns.
A national programme was being formulated to mitigate the impact, he said, adding that its success would hinge on broader international efforts to restore stability, the President said.
Acknowledging public anxiety shaped by past economic hardships, President Dissanayake said social stability could not be ensured through rhetoric alone but required tangible guarantees that citizens would not face another crisis.
While noting that the government had successfully navigated multiple challenges since assuming office, he described the Middle East situation as distinct due to the uncertainty surrounding its duration and outcome.
The government, he said, was closely monitoring developments. The Central Bank had conducted a review with a report on the likely economic impact expected shortly. The Ministry of Finance is also preparing an assessment of the potential effects on public life, alongside measures to ensure the uninterrupted provision of essential services locally and for Sri Lankans overseas.
“The primary responsibility for finding a path out of the crisis rests with the Government,” he said, calling on Parliament and the public to collectively confront the challenge under a unified national plan.
Providing a detailed account of the country’s energy reserves, the President said storage capacity rather than supply remained the key constraint. Excluding the Indian Oil Corporation tanks in Trincomalee, total storage capacity at Kolonnawa and Muthurajawela stands at approximately 150,000 metric tons.
Diesel stocks were currently sufficient for 33 days, with refining contributing around 1,800 metric tons daily. Petrol reserves will last 27 days, with a 35,000 metric ton shipment due on March 7 or 8 expected to extend availability to around 40 days.
Aviation fuel stocks are adequate for 49 days, supported by both daily refining and imports. Scheduled shipments include vessels from RM Parks on March 14, Sinopec on March 17, IOC on March 21 and the Ceylon Petroleum Corporation on March 28.
Crude oil supplies were sufficient to operate the refinery for 26 days, with an additional shipment expected to extend operations by a further 18 days, the President said.
“Because of this, there is no crisis regarding oil,” the President assured Parliament.
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