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RW blames NPP govt. for failing to secure Adani investments

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Former President Ranil Wickremesinghe has raised concerns over Sri Lanka’s failure to move forward with large-scale foreign investments, warning that the stalled USD 700 million Adani project alone is a major setback for the country’s economic recovery.

“Adani’s project is about USD 700 million. That’s no joke. We need that money to recover,” Wickremesinghe emphasised, pointing out that additional development projects in Trincomalee could have brought in another USD 400–500 million.

“Just imagine—over a billion dollars in investments has been stopped,” he added.

Joining Ada Derana’s current affairs programme ‘@Hydepark’ recently, Wickremesinghe also expressed disappointment at Sri Lanka’s uncertain stance on these projects, particularly in relation to its commitments under the 2023 Indo-Sri Lanka Vision Document.

“Most of the Indians I met recently—it was embarrassing for me. I told them these projects were under consideration, but the truth is that I don’t know whether they are still being considered or have been rejected,” Wickremesinghe said, warning that delays in these investments could damage Sri Lanka’s economic ties with India and deter other potential investors.

“Once India invests in us, others will follow. By 2050, India will be the world’s second-largest economy. We need growth, and the only way to achieve it is by working with other countries and creating an attractive environment for foreign investment,” the former President said.

While acknowledging that Sri Lanka has reached a point of economic stabilisation, Wickremesinghe stressed the need for long-term reforms.

“Right now, we are only stabilizing—nothing more. To move ahead, we need major changes. We don’t need to be poor. We can build a trillion-dollar economy, and we must go for it,” he noted.



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Whistleblowers ask Treasury Chief to resign over theft of USD 2.5 mn

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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

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Hambantora port sets new record

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MSC Marie Leslie at Hambantota port

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.

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US sinking of Iranian frigate off Sri Lanka unprecedented war crime Araghchi tells Vijitha

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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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