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Russian Amb reiterates commitment for stronger ties with Lanka

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Russian Ambassador Yury Materiy has reiterated their commitment to having strong Russia-Sri Lanka ties, in a message issued to mark Russia Day. Ambassador Materiy made reference to the reopening of its borders to Sri Lanka on April 1, which provides an opportunity for Russian airline companies and Srilankan Airlines to restart flights.

The following is the full text of the statement: “It is a great honour to address the people of Sri Lanka on our major national holiday – Russia Day which we celebrate on the 12th of June. It gives me pleasure to congratulate all the compatriots as well as our Sri Lankan friends on this solemn occasion.

The 12th of June marks the establishment of the present-day Russian Federation, which stretches from Kaliningrad to Kamchatka and the Kuril Islands, from the northern Arctic seas to Sevastopol and Crimea. Russia is a country with a millennia-long history, unique legacy and culture. Strong patriotic sentiments and respect for the Motherland always helped our people to endure all tribulations and respond to any challenges.

Russia Day is a symbol of free and future-oriented Russia with such core principles of our development as freedom, rule of law, successful economic growth, consolidation of friendship of the peoples living in the country, utmost promotion of democracy, strengthening of our foreign policy. The aforesaid has laid the basis for the inviolable sovereignty of our State and established a reliable foundation for the protection of our national interests.

Russia is pursuing an independent multifaceted policy and is consistently working towards reducing international tensions and strengthening the democratic principles of communication based on international law. The overriding trend of global development is the process of the formation of a multipolar world, as well as new centres of economic and financial power.

The turbulent development of international relations compels Russia to strengthen its position on the international arena. Russia does its best to maintain all aspects of global and regional security and puts much effort into the formation of flexible target-oriented alliances with Russia’s active involvement, such as G20, Shanghai Cooperation Organisation and BRICS. Our country is open for cooperation based on principles of equality and mutual respect. It is a high time for collective, collaborative efforts to find adequate solutions to common challenges, especially the COVID-19 pandemic, which became a crucial test for international relations both at the level of individual countries and multilateral associations.

The objective of Russian foreign policy is to contribute to the creation of a sustainable world system based primarily on the equality of all participants and non-interference in internal affairs, while maintaining the supremacy of international law in the world arena, declaring full support for United Nations’ decisions and avoiding their unilateral and arbitrary interpretation.

The «centre of gravity» of the global growth is rapidly moving towards Asia-Pacific region, including South Asia. These regions have become one of key priorities of Russia’s foreign policy. Russia is not only a European but also an Asian country, due to its geographical position, history, cultural and religious links with the East, thus becoming a natural bridge between the East and the West. Russian support was one of the determinant factors contributing to the victory of national liberation movements in Asia.

The Russian-Sri Lankan relations provide a good example of sincere friendship and mutual understanding that can exist between two countries. We share similar approaches to key international issues such as fighting terrorism, ensuring central role of the UN, settlement of regional and local conflicts, and many others.

Russia extended its full support to the Sri Lankan Government during the 46th session of the UN Human Rights Council, and made every effort to oppose the anti-Sri Lankan Resolution. Russia voted against this Resolution.

Our economic relations have been developing at a good pace, reaching new heights in 2020. The trade turnover recorded an increase of 24% and amounted to almost $500 million. A good opportunity to discuss prospects of bilateral cooperation, including in the sphere of economy and trade will arise during the virtual meeting of the Russia-Sri Lanka Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation which is to be held in June, this year.

One of the major examples of our ever-growing partnership is the working visit of the Minister of Foreign Affairs of Russia Sergey Lavrov to Sri Lanka on January 14, 2020. The Russian Foreign Minister met with President

Gotabaya Rajapaksa, Prime Minister Mr. Mahinda Rajapaksa and Foreign Minister  Dinesh Gunawardena. The visit of the Russian ForeignMinister is a major event that will give further impetus to the bilateral cooperation and will contribute to our time-tested friendship.

“Our inter-parliamentary dialogue is an efficient instrument of strengthening Russian-Sri Lankan ties. On April 7 the revival meeting of the Sri Lanka – Russia Parliamentary Friendship Association took place at the Sri Lankan Parliament, which has given a boost to relations between our legislative bodies.

Russia and Sri Lanka are cooperating closely on battling the coronavirus pandemic. The first batch of Russian Sputnik V vaccine was delivered to Sri Lanka on the 4th of May, the second – on May 27. Several more batches are expected to be delivered in the near future.

Russia and Sri Lanka have always valued the importance of education for empowering the future generations. Every year we expand the educational opportunities for Sri Lankans by providing scholarships. This year the Russian Government has allocated scholarships to 40 Sri Lankan citizens.

On April 1, 2021,Russia reopened its borders for Sri Lanka, which provides an opportunity for Russian airline companies and Srilankan Airlines to restart flights. It will contribute to the development of humanitarian relations, encouraging the tourist flow between Russia and Sri Lanka.

I am confident that through joint efforts we will continue enhancing our cooperation in political, trade, economic, cultural and humanitarian spheres for the benefit of our peoples.”

 

 



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Removing monk’s robes matter for Sangha to decide: Mahanayake Theras

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Ven. Gnanasara

The Mahanayaka Theras of all Nikayas have protested against Bodu Bala Sena (BBS) General Secretary Ven. Galagodaaththe Gnanasara Thera, who is serving a prison sentence for contempt of court, being produced before court in civilian attire.

In a letter to the Commissioner General of Prisons, the Mahanayaka Theras have said they were surprised and concerned by the decision to remove the monk’s robes.

The letter has been signed by Most Ven. Thibbotuwawe Sri Siddhartha Sumangala Thera of the Malwatu Chapter, Most Ven. Warakagoda Sri Gnanarathana Thera of the Asgiri Chapter, Most Ven. Karagoda-Uyangoda Maithri Murthi Thera of the Amarapura Maha Nikaya and Most Ven. Makulawe Sri Wimala Thera of the Ramanna Maha Nikaya.

The Mahanayaka Theras have said they respect the Constitution and the judicial process, but maintained that removing a monk’s robes or ending his status as a member of the Buddhist Order is a matter that should be decided by the Maha Sangha.

They have said the relevant Sangha Council has not determined that Ven. Gnanasara Thera committed a Parajika offence or any other offence warranting his removal from the Buddhist Order.

The Mahanayaka Theras have also referred to Regulation 550 of the Prison Standing Orders, which they say stipulates that convicted prisoners should not be taken to court in prison uniform and should be allowed to wear the type of clothing they normally wore before their conviction. In the case of a Buddhist monk, they have said, this means his monastic robes.

They also referred to the United Nations Standard Minimum Rules for the Treatment of Prisoners, which provide for prisoners taken outside prison to be allowed to wear their own clothing or other unobtrusive clothing.

The Mahanayaka Theras have requested the Commissioner General of Prisons to allow Ven. Gnanasara Thera to wear his robes when appearing in court and to maintain his status as a monk while he remains in prison.

Prisons authorities have said that the clothing decision was made under prison regulations, and the Prisons Department has stated that prisoners serving sentences of more than three years are required to wear prison-issued clothing when produced before court.

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NDB fraud Rs 60mn more than reported

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The Committee on Public Finance has said that the actual losses suffered by the NDB bank are much more than what was initially reported. When compared with the initial disclosure made by NDB on 6 April 2026, the reported amount of the fraud had increased by Rs. 0.4 billion, from Rs. 13.2 billion to Rs. 13.6 billion, the committee said.

When compared with the amount disclosed by NDB on 26 June 2026, based on the interim report dated 22 June 2026, the additional amount of fraud is Rs. 60 million.

The has committee issued the following statement: The Committee on Public Finance recently summoned officials of the Central Bank of Sri Lanka to Parliament to inquire into the financial irregularities identified at NDB Bank and the final audit report relating to the matter.

The Committee meeting, chaired by Member of Parliament Dr. Harsha de Silva, discussed irregularities identified in NDB Bank’s financial statements, shortcomings in the audit process, and the relevant audit reports.

The meeting was attended by Deputy Ministers Chathuranga Abeysinghe, Dr. Kaushalya Ariyaratne, and Nishantha Jayaweera, as well as Members of Parliament Attorney-at-Law Rauff Hakeem, Ravi Karunanayake, Ajith Agalakada, Nimal Palihena, Wijesiri Basnayake, M.K.M. Aslam, Champika Hettiarachchi, and Attorney-at-Law Lakmali Hemachandra.

The Committee also focused on the findings of the investigation conducted by the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAAMB), as well as the findings revealed through the investigation conducted by Deloitte Touche Tohmatsu India LLP. In particular, the Committee inquired into the failure of the external auditors to identify irregularities in NDB Bank’s financial statements.

The accountability of senior management with regard to corporate governance and risk management in relation to the financial irregularities was also discussed.

As a significant proportion of NDB Bank’s shares are held by institutions representing public and state funds, the Committee also considered the potential impact of such financial irregularities on public funds and the general public.

The Committee also discussed the progress made by LankaPay in establishing a centralized fraud monitoring system to prevent fraud within the financial system. The need to strengthen fraud monitoring systems at the individual bank level to monitor transactions carried out within each bank was also emphasized.

Accordingly, the following observations are included in the final audit report concerning the financial irregularities at NDB Bank:

1. The audit covers the period from 1 April 2016 to 31 March 2026. The audit report specifically identifies the financial impact arising from fraudulent transactions amounting to Rs. 13,639,664,684 (Rs. 13.6 billion).

2. According to the disclosure made on 29 September 2026, the financial impact arising from the fraudulent transactions is as follows:

· Rs. 1.5 billion for the period prior to 1 January 2025;

· Rs. 9.6 billion during 2025; and

· Rs. 2.5 billion for the quarter ended 31 March 2026.

3. Compared with the initial disclosure made by NDB on 6 April 2026, the reported amount of the fraud has increased by Rs. 0.4 billion, from Rs. 13.2 billion to Rs. 13.6 billion. Compared with the amount disclosed by NDB on 26 June 2026, based on the interim report dated 22 June 2026, the additional amount of fraud is Rs. 60 million.

4. The final audit report has also confirmed the previous disclosures that no customer accounts were affected as a result of the fraud incident.

5. The report has identified several governance failures at NDB relating to the processing of CEFT transactions, user-level activities within the Core Banking System, and the management of user credentials and access information. In addition, shortcomings have been identified in several operational areas, including transaction monitoring, daily account reconciliation, financial compliance, internal audit, branch network management, and operational risk management.

The audit report has made comprehensive recommendations to strengthen the control mechanisms, governance structures, and processes relating to the above-mentioned activities of the bank.

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President orders review of laws on treatment of imprisoned monks

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President Anura Kumara Dissanayake has ordered the formation of a committee to review the laws and regulations on how Buddhist monks serving prison sentences are treated, including the procedures that apply when they are taken out of prison.

He revealed this at a special meeting with Maha Sangha representatives held yesterday (8) at the Presidential Secretariat. The meeting was called after concerns were raised over how Ven. Galagoda Aththe Gnanasara Thera was treated when he was taken from prison to court.

The committee will recommend amendments to existing laws and, where needed, new prison standing orders and regulations. Its members will be drawn from the Attorney General’s Department, the Ministries of Justice, Public Administration, and Buddha Sasana, Religious and Cultural Affairs, and the Department of Prisons, including the Commissioner General of Prisons. It has been given two weeks to review the current legal provisions and submit its recommendations. The President added that any changes specific to Buddhist monks would be made in consultation with the Maha Sangha.

Outlining the legal background, the President said prison administration was governed by the Prisons Ordinance of 1877, along with the regulations and standing orders issued under it. That framework mostly addressed prisoners in general, he said, and had few provisions dealing specifically with Buddhist monks.

The meeting was attended by senior Maha Sangha members representing the Siyam, Amarapura and Ramanna Nikayas, along with Minister of Buddhasasana, Religious and Cultural Affairs Hiniduma Sunil Senevi and Minister of Justice Harshana Nanayakkara.

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