News
NSB commences work for the New Year 2026 with religious observances
The National Savings Bank (NSB) ceremonially commenced work for the New Year 2026 on 1st January 2026 at the Bank’s Head Office in Colombo, marking the occasion with a series of religious observances aimed at invoking blessings for the institution, its employees, and the nation.
The event began with religious rituals, chanting of Pirith, and blessings, reflecting Sri Lanka’s rich spiritual and cultural traditions. These observances were conducted to seek strength, harmony, and guidance for the year ahead, while reaffirming the Bank’s commitment to ethical values, unity, and national development.
The occasion was graced by Jude Nilukshan, Director of the NSB, along with Shashi Kandambi, General Manager/CEO, Senior Deputy General Manager, K. Raveendran, Deputy General Managers, Assistant General Managers, members of the Corporate Management, representatives of trade unions, and the entire staff of the bank
Addressing the gathering, Shashi Kandambi, General Manager/CEO, stated that although 2025 was a year filled with challenges, the National Savings Bank was able to achieve remarkable progress and stability through collective effort, resilience, and strategic direction. She emphasized that the Bank’s achievements during the year were the result of dedication, teamwork, and the unwavering commitment of its employees.
She further noted that 2025 stood out as a significantly successful year for NSB, not only because the Bank recorded the highest profit in its history, but also due to the notable progress achieved across several key areas of operations, service delivery, and institutional development. These accomplishments, she highlighted, were a testament to the Bank’s strong customer relationships, sound governance, and focus on long-term sustainability.
Kandambi also stressed the importance of maintaining strong and trustworthy customer relationships in the year ahead, noting that customer confidence and service excellence would play a vital role in achieving even greater success in 2026. She encouraged all employees to work with unity, integrity, and professionalism for the advancement of both the institution and the country.
Expressing optimism about the future, she stated that the positive momentum and constructive trends experienced in 2025 are expected to continue and strengthen further in 2026, enabling NSB to contribute more meaningfully to national economic development and financial inclusion.
During the event, the entire staff of the NSB collectively pledged the State Oath for the year 2026, reaffirming their commitment to coexistence, modernization, cultural values, and responsible public service. This pledge symbolized the Bank’s dedication to ethical conduct, social responsibility, and nation-building.
Concluding the ceremony, the NSB extended its heartfelt wishes to all its valued customers, stakeholders, and the people of Sri Lanka, expressing hope that the New Year 2026 will be a year filled with prosperity, peace, and success for all.
News
Whistleblowers ask Treasury Chief to resign over theft of USD 2.5 mn
Payment made to new account number outside agreement
Civil society group ‘Free Lawyers’, which exposed the payment of USD 2.5 mn loan instalment by the Treasury to a third party instead of Australia, yesterday (23) said that in spite of the Treasury having the legitimate bank account mentioned in the relevant agreement, the payment had been made to another account subsequently received from a person who had been in contact with some senior officials.
Civil society activist Keerthi Tennakoon on behalf of ‘Free Lawyers’ emphasised that the account number mentioned in the agreement couldn’t be changed without approval of the Secretary to the Treasury Harshana Suriyapperuma, who is also the Secretary to the Finance Ministry. Suriyapperuma, who quit his National List seat to receive the top appointment, should be held responsible for the unprecedented development, Tennakoon said.
If the Treasury had followed the time-tested procedures in place, a new bank account couldn’t have been introduced, and therefore a thorough investigation was required to reveal the truth.According to Free Lawyers, the scam had been detected by relatively junior officer and not those higher ups.
Free Lawyers’ would continue to follow the developments to ensure transparency in the investigations, Tennakoon said, noting that Suriyapperuma should step down as he was aware of a third party securing root access to the system in September 2025 but failed to take action to prevent the scam. Tennakoon said that the NPPer hadn’t informed relevant authorities, and altogether 16 officials were involved in the scam.
By Shamindra Ferdinando
News
Hambantora port sets new record
Hambantota International Port (HIP) successfully handled container vessel MSC Marie Leslie, marking one of its highest-volume vessel calls to date. The achievement further strengthens the port’s position as an emerging hub for containerised cargo in the region, according to HIP press release.
The vessel, operated by Mediterranean Shipping Company (MSC), was berthed at HIP from 11 to 15 April 2026. The port achieved 7,968 container moves during this period, translating to a total volume of 13,260 TEUs; the highest single-vessel throughput recorded by HIP to date.
This latest milestone surpasses previous records, including 12,957 TEUs handled on MSC Ilenia and 11,369 TEUs on MSC Ruby in March this year, reflecting a steady upward trend in the port’s container handling performance.
News
US sinking of Iranian frigate off Sri Lanka unprecedented war crime Araghchi tells Vijitha
Iranian Foreign Minister Abbas Araghchi has told his Sri Lankan counterpart Vijitha Herath that US sinking of Iranian frigate IRIS Dena off Sri Lankan waters was an unprecedented war crime.
Of some 180 crew only 30 odd personnel survived.
While referring to crimes committed by the United States and Israel against Iran, Araghchi has stressed that they would never forget this crime, which constitutes a grave violation of the fundamental rules of international humanitarian law and the 1949 Geneva Conventions, and would employ all legal and political means to hold the perpetrators and those responsible accountable and bring them to justice.
Araghchi has said so during a telephone conversation with Herath regarding the ongoing West Asia conflict and related developments.
During the phone call, Araghchi expressed appreciation for the Sri Lankan government’s efforts in the rescue operation for the sailors of the IRIS Dena and for assisting in the transfer of the bodies of the crew of the vessel and other Iranian naval personnel back to Iran, according to the Iranian Embassy in Sri Lanka.
US sank Dena as it along with two other Iranian vessels awaited Sri Lanka approval to enter the Colombo port. Iranian ambassador in Colombo Dr. Alireza Delkhosh is on record as having said that the Commander of Sri Lanka Navy invited the Iranian ships to visit Colombo following their participation in International Fleet review and Milan 2026 held in India in late Feb. All Iranian vessels had been unarmed at that time in keeping with protocols regarding the participation in such events.
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