News
Minister shines light on tycoons’ liquor racket

Unauthorised spirit production up by 300%
‘Local brew producers cheated even the British’
A century-old practice of tax evasion by liquor producers had reached a new level in recent months, State Finance Minister Ranjith Siyambalapitiya said on Friday.Addressing the Annual General Meeting of the Sri Lanka Excise Officers’ Association, in Colombo, the Minister said the production of unlicensed liquor had increased by 300%.
“Do not misunderstand this illicit liquor production with distilling moonshine by villagers in shrub forests and near water streams. The unlicensed liquor production is done by rich businessmen in three-piece suits. They have liquor producing licences and submit false figures. They pay taxes only for the figures they maintain in their books and thereby cheat tax collectors. They produce much more liquor than the amounts stated by the permits they hold. This is a century-old method. The British, who controlled the Maritime Provinces, received around 7.6 percent of their
total revenue from excise taxes and duties. In 1810, the British government had received a revenue of 268,700 Rix-dollars from the Maritime Provinces under their control. Of that amount, 20,500 Rix-dollars were from excise taxes. The actual excise revenue should be more than this, as per the then Revenue Commissioner. The British Revenue Commissioner stated that local liquor producers produced much more than the amount they maintained in their books and cheated the then government. Now, the century-old illicit liquor production has increased by 300 percent,” the Minister said.
“It indicates that not even the white man could collect the due excise revenue properly,” the Minister said, adding that as per a WHO report there had been a 95 percent increase in the output of the liquor manufacturing industry in Sri Lanka from 2004 to 2016. However, the books maintained by the producers show only a 50 percent increase during the same period. Excise Commissioner General MJ Gunasiri was also present at the meeting.
Latest News
Second lot of luxury and decommissioned vehicles owned by the Presidential Secretariat sold

The second phase of the auction to sell luxury and decommissioned vehicles owned by the Presidential Secretariat was successfully concluded today (15 May), with the auction taking place as scheduled.
A total of 26 vehicles, previously allocated to former Ministers and the former President, to their advisors and staff appointed under Article 41(1) of the Constitution during their tenure, were listed for sale. Out of these, 17 vehicles were successfully sold today.
The auctioned vehicles included:
1 BMW car
2 Ford Everest SUVs
1 Hyundai Terracan SUV
2 Land Rover SUVs
1 Mitsubishi Montero
3 Nissan Patrol vehicles
2 Nissan brand cars
1 Porsche Cayenne
5 SsangYong Rexton SUVs
1 Toyota Land Cruiser Sahara
6 V8 vehicles
1 Mitsubishi Rosa air-conditioned bus
With the aim of reducing government expenditure and promoting fiscal responsibility, a decision was taken to auction the vehicles belonging to the Presidential Secretariat.
There was a high demand for the purchase of these vehicles and over Rs. 200 million in revenue was generated through their sale at the auction held today.
There was significant interest in the auction, with 108 bidders participating.
Latest News
President approves establishment of Anti-Corruption Investigation Units in Provincial Councils and LG Institutions

President Anura Kumara Disanayake has approved the establishment of dedicated anti-corruption investigation units within provincial councils and local government institutions, aiming to combat corruption and administrative inefficiencies. The decision follows a request by provincial governors during a high-level discussion held at the Presidential Secretariat today (15).
During the meeting, President Disanayake emphasised that provincial governors bear the primary responsibility for driving development initiatives and ensuring accountability within their respective provinces. He noted, “Strengthening governance mechanisms is critical to addressing systemic challenges and achieving equitable progress.”
Among the key decisions taken was the creation of anti-corruption investigation units modelled after similar bodies operating at the ministerial level. These units will be tasked with monitoring financial transactions, investigating irregularities and enforcing transparency in development projects. The initiative aligns with the government’s broader agenda to eliminate malpractice in public institutions.
The discussion also highlighted that provincial councils have received three times the financial allocations compared to the previous fiscal year. However, governors raised concerns regarding delays and bureaucratic hurdles in utilising these funds effectively. In response, President Disanayake directed officials to streamline procedures and adopt results-oriented mechanisms to accelerate infrastructure development.
Persistent obstacles in upgrading provincial infrastructure such as road networks, healthcare facilities and utility services, were also discussed. The President pledged to implement practical solutions to address these challenges and urged governors to prioritise projects that deliver tangible benefits to citizens.
The Governors further stressed the need for improved coordination between provincial councils and central ministries to avoid duplication of efforts. Acknowledging these concerns, President Disanayake underlined the importance of collaborative governance to ensure efficient resource allocation.
“While increased funding is a positive step, its prudent management is non-negotiable. Provincial authorities must ensure every rupee is accounted for and spent efficiently,” he asserted.
The meeting was attended by several senior officials, including Dr. Nandika Sanath Kumanayake, Secretary to the President, Kapila Janaka Bandara, Senior Additional Secretary to the President, Provincial Governors: Hanif Yusuf (Western Province), Sarath Bandara Samarasinghe Abayakon (Central Province), Bandula Harischandra (Southern Province), Tissa Kumarasiri Warnasuriya (North Western Province), Wasantha Kumara Wimalasiri (North Central Province), Nagalingam Vedanayagam (Northern Province), Prof. Jayantha Lal Ratnasekera (Eastern Province), Champa Janaki Rajaratne (Sabaragamuwa Province) and Kapila Jayasekara (Uva Province).
Latest News
Seven new envoys to Sri Lanka present credentials to the President

Seven newly appointed foreign ambassadors to Sri Lanka presented their credentials to President Anura Kumara Disanayake today (15) at the Presidential Secretariat.
The new ambassadors represent the State of Israel, the Argentine Republic, the Republic of Zimbabwe, the Republic of the Philippines, the Republic of Tajikistan, the Kingdom of Cambodia, and the Kingdom of Denmark.
Accordingly:
* Mr. Mariano Agustin Caucino has been appointed as the Ambassador-designate of the Argentine Republic, based in New Delhi.
* Ms. Stella Nkomo has been appointed as the Ambassador-designate of the Republic of Zimbabwe, based in New Delhi.
* Mr. Reuven Javier Azar has been appointed as the Ambassador-designate of the State of Israel, based in New Delhi.
* Ms. Nina P. Cringlet has been appointed as the Ambassador-designate of the Republic of the Philippines, based in Dhaka.
* Mr. Lukmon Bobokalonzoda has been appointed as the Ambassador-designate of the Republic of Tajikistan, based in New Delhi.
* Ms. Rath Many has been appointed as the Ambassador-designate of the Kingdom of Cambodia, based in New Delhi.
* Mr. Rasmus Kristensen has been appointed as the Ambassador-designate of the Kingdom of Denmark, based in New Delhi.
Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath, along with the Secretary to the President, Dr. Nandika Sanath Kumanayake, were also present at the occasion.
-
Features5 days ago
SAITM Graduates Overcome Adversity, Excel Despite Challenges
-
News5 days ago
Destined to be pope:Brother says Leo XIV always wanted to be a priest
-
Opinion5 days ago
Drs. Navaratnam’s consultation fee three rupees NOT Rs. 300
-
Sports5 days ago
ASBC Asian U22 and Youth Boxing Championships from Monday
-
Foreign News6 days ago
Mexico sues Google over ‘Gulf of America’ name change
-
Features4 days ago
Championing Geckos, Conservation, and Cross-Disciplinary Research in Sri Lanka
-
Business5 days ago
Dilmah – HSBC future writers festival attracts 150+ entries
-
Business5 days ago
Bloom Hills Holdings wins Gold for Edexcel and Cambridge Education