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MONLAR castigates govt. for not saving the poor from microfinance loan sharks

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By Rathindra Kuruwita

The government is doing nothing to help the poor caught in a micro-credit trap, moderator of the Movement for Land and Agricultural Reform (MONLAR), Chinthaka Rajapakshe says.

Rajapakshe said that only the Parliamentary Committee on Gender Equality and some MPs, from both the government and Opposition, had shown some interest in the matter.

“We commend their interest. By the end of 2018, over 2.2 million Sri Lankans had taken microfinance loans amounting to Rs. 84.2 billion. We obtained this information from Microfinance Practitioners Association. This is a huge figure. Over 10% of Sri Lankans have taken these loans, almost always at very high interest rates. When one person in the family draws a loan, the entire family gets affected. So, we don’t know how many people are actually affected.”

Rajapakshe said MONLAR and a number of other organisations had been raising the issue for nearly half a decade, but successive governments had done little to address the issue.

“When they do, they come up with plans that benefit the lenders,” Rajapakshe said.

“Those affected by microcredit loans commenced a satyagraha at Hingurakgoda and it has dragged on for over a month. The government has taken no interest in it.”

In 2018, United Nations Independent Expert on the effects of foreign debt and other related international financial obligations of States on the full enjoyment of all human rights, particularly economic, social and cultural rights, Juan Pablo Bohoslavsky, visited the country and found that an overwhelming number of individuals who had obtained micro credit loans were women.

Rajapakshe said: “Bohoslavsky reported that women were pressured by collectors to exchange ‘sexual favours’ for instalments and that there are cases of borrowers who tried to sell their kidneys to repay the loans. Some leave their villages, suffer domestic violence as a punishment for the breach of contract or have to work much harder and longer to earn sufficient money to repay the debts. Some of them have committed suicide.”

Bohoslavsky’s report also says that while the universe of borrowers is broad, women in poor and war-affected areas are specially targeted by micro-finance financial institutions, which charge their loans with up to 220 per cent interest and apply compound interest.



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Sri Lanka Coast Guard commence clearing oil spill in Maduru Oya Reservoir

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The Sri Lanka Coast Guard launched an operation to clear the oil spill  caused by the crash of a Sri Lanka Air Force Bell 212 helicopter into the Maduru Oya Reservoir, during a training flight on 09 May 2025.

The  efforts to clear the oil spill  are ongoing and will continue today, 10 May.

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Maduru Oya helicopter crash: Army, Air Force launch probes

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Rescue teams searching for the missing military personnel after yesterday’s SLAF chopper crash in the Maduru Oya. (Image courtesy Derana)

Bell 212 accident during passing out parade kills six military personnel, injures six others

A Bell 212 helicopter, belonging to the Sri Lanka Air Force (SLAF), crashed into the Maduru Oya reservoir yesterday morning, killing six forces personnel and injuring six others. The helicopter was on a routine mission in support of a Special Forces passing-out parade when it encountered technical difficulties and attempted an emergency landing.

The crash occurred at approximately 8:17 a.m., after the helicopter took off from the SLAF Base Hingurakgoda, at 6:47 a.m., and picked up Army personnel in Maduru Oya around 7:08 a.m. According to the SLAF, the aircraft was conducting a heli-rappelling drill as part of a military demonstration when it suffered a technical malfunction shortly after takeoff.

The aircraft was carrying 12 individuals—six from the Army and six from the Air Force, including two pilots. Initial rescue efforts led to all passengers being retrieved alive and transported to the Aralaganwila Regional Hospital, with eight later transferred to the Polonnaruwa General Hospital due to the severity of their injuries.

Despite emergency medical care, six of the personnel succumbed to their injuries—four Army Special Forces soldiers and two Air Force members. Among the deceased were helicopter gunmen and elite Special Forces troops.

In the wake of the tragedy, both the Army and Air Force have launched separate investigations to determine the cause of the crash. Air Force Commander Air Marshal Bandu Edirisinghe has appointed a nine-member inquiry committee, while Army Commander Lieutenant General Lasantha Rodrigo confirmed that expert teams have been dispatched to the crash site to gather evidence.

Air Force spokesperson Group Captain Eranda Geeganage said the crash occurred during a drill demonstration at the training school and that the exact cause of the accident remains unknown at this time.The remaining six injured personnel are still receiving treatment, with their conditions being closely monitored.

 By Norman Palihawadane

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Cardinal Prevost becomes Pope Leo XIV

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Pope Leo XIV

Nearly half a century has passed since the Catholic Church last had an Italian Pope. In the hallowed corridors of the Vatican, as the Conclave began deliberations to elect a successor to Pope Francis, several Italian names were whispered with increasing frequency. Chief among them was Cardinal Pietro Parolin, the Vatican’s Secretary of State, a seasoned diplomat, and well-known among the electors. Others, like Cardinals Pierbattista Pizzaballa and Matteo Zuppi, also had their share of admirers.

Yet, when the white smoke rose above the Sistine Chapel, it was not an Italian who emerged. Instead, the Cardinals turned to an unheralded American – Robert Francis Prevost, a canon law professor and lifelong missionary – electing him as successor to St. Peter. He has taken the name Pope Leo XIV.

Though born in the United States, Pope Leo’s spiritual and pastoral heart lies in Peru, where he spent much of his life in missionary service. His elevation comes as a surprise to many as he had been made a Cardinal just two years earlier, appointed by Pope Francis himself. A relative newcomer in the College of Cardinals, he was seen by many as a wildcard – yet perhaps that’s exactly what the Church needed.

At 69, Pope Leo is poised for what could be a lengthy pontificate – time enough, perhaps, to carry forward the reforms initiated by his predecessor. It’s no secret that Pope Francis saw in him a leader fit for the challenges of global Catholicism. When Prevost returned from Peru to head the Augustinian Order – a role he held for 12 years – it was Francis who sent him back across continents, appointing him Bishop of Chiclayo and entrusting him with pastoral care once more in Peru.

Those close to the new Pontiff describe him as deeply spiritual, a steady hand, and a bridge-builder, qualities sorely needed in a Church increasingly split between traditionalists and reformists. He is expected to offer a more measured, balanced approach on key issues, fostering dialogue rather than division.

In many ways, this Conclave echoed the dramatic scenes of October 1978, when an unknown outsider from Poland – Karol Wojtyla – was chosen as Pope John Paul II. Like then, the Cardinals have once again looked beyond the obvious front-runners. But, unlike 1978, when it took eight ballots to break the deadlock and settle on a compromise, this time it took just four.

That speed speaks volumes. The Cardinals were not merely settling – they were convinced that here’s the man to take the Church forward. In Cardinal Prevost, they found a shepherd capable of steering the Church through a time of transition, someone who could temper Franciscan reform with pastoral wisdom and unite a divided flock under the banner of faith and humility.

By Rex Clementine

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