News
AG presents computer-related evidence against CB Bond scam suspects
The Attorney General yesterday (07) presented computer-related evidence to the Colombo Permanent High Court Trail-at-Bar, hearing the 2015 Central Bank Bond Scam, against 10 suspects, including former CB Governor Arjuna Mahendran.
The list of computer evidence was given to the defence lawyers with the permission of the bench. The case will be taken up again on 04 March, 2022.
The case was taken up before Justices Champa Janaki Rajaratne, Damith Thotawatte, and Namal Balalle.
The Attorney General has filed 23 indictments against the defendants.
News
Prof. Venerable Maha Oya Jinarathana Nayaka Thero conferred the title of Chief Sanghanayaka
The official ceremony to present Sannas Patra to Prof. Venerable Maha Oya Jinarathana Nayaka Thero, who was conferred the title of Chief Sanghanayaka of Wellassa, Bintenne and the Eastern Three Provinces, was held on Thursday [14 of May] at the historic Pothubandhana Rajamaha Viharaya in Bibile, with the participation of Prime Minister Dr. Harini Amarasuriya.
The ceremony was held under the patronage of the Anunayake of the Malwathu Chapter, Most Venerable Dimbulkumbure Vimaladhamma Nayaka Thero. During the ceremony Prime Minister Dr. Harini Amarasuriya presented the official Sannas Pathraya conferring the title of Chief Sanghanayaka of Wellassa, Bintenne and the Eastern Three Provinces to Prof. Venerable Maha Oya Jinarathana Nayaka Thero.
Addressing the gathering, the Prime Minister stated that the Nayaka Thero, who entered monastic life in 1982, has rendered exemplary service to Buddhism and society for over four decades, setting a model for the entire community. She noted that the contributions made by the Thero by continuing the Sri Saranankara and Sri Saddhatissa Dhamma Schools, as well as the service carried out as the Chief Prelate of the Deegavapi Pirivena, are highly commendable.
The Prime Minister further stated that the humanitarian assistance extended annually by providing educational equipment to hundreds of children is commendable and strengthens the government’s efforts towards realizing educational policies. The Prime Minister appreciated the efforts of the venerable Nayaka Thero toward the restoration of the historic Deegavapi Maha Seya and the development of other temples.
The Prime Minister also highlighted that initiatives such as the construction of a Bhikkhu ward at the Ampara Hospital demonstrate selfless dedication of the venerable Thero through actions. The Prime Minister further emphasized that religious leaders who work for the spiritual and social upliftment of the people in historically significant regions such as Wellassa and Bintenne are essential to the country, and that the conferring of this title by the Malwathu Chapter is an honour not only to the Thero but also to the people of those regions.
The occasion was graced by the presence of members of the Maha Sangha representing the three Nikayas, and attended by the Minister Samantha Viddyarathna, Deputy Minister R.M. Jayawardena, Opposition Leader Sajith Premadasa, the Governor of Uva Province, government officials, and a large gathering of devotees.
[Prime Minister’s Media Division]
News
Showers will occur at times in the Western, Sabaragamuwa, Central, North-western and Northern provinces and in Anuradhapura, Galle and Matara districts
WEATHER FORECAST FOR 16 MAY 2026
Issued at 05.30 a.m. on 16 May 2026 by the Department of Meteorology
According to the today’s latest weather analysis, the low-pressure area located northeast of Sri Lanka, still persists. The Department of Meteorology is continuously monitoring the behavior, development and path of the system.
Due to the influence of the above system, Showers or thundershowers will occur at times and cloudy skies are expected in the Western, Sabaragamuwa, Central, North-western and Northern provinces and in Anuradhapura, Galle and Matara districts. Fairly heavy showers about 75 mm are likely at some places in these areas. Showers or thundershowers may occur at a few places in the Uva and Eastern provinces after 1.00 pm.
The general public is kindly requested to take adequate precautions to minimize damage caused by temporary localized strong winds and lightning during thundershowers.
News
Lanka’s eligibility to draw next IMF tranche of USD 700 mn hinges on ‘restoration of cost-recovery pricing for electricity and fuel’
The International Monetary Fund (IMF) said on Thursday that the completion of Sri Lanka’s combined Fifth and Sixth Reviews, under the Extended Fund Facility (EFF), remains subject to approval by its Executive Board, which is expected to meet in the coming weeks.
Addressing a media briefing, IMF Communications Department Director, Julie Kozack, said IMF staff and Sri Lankan authorities had reached a staff-level agreement on 09 April.
She noted that several prior actions must be completed before the programme can be submitted to the Executive Board, including the restoration of cost-recovery pricing for electricity and fuel, measures to protect vulnerable groups, and the completion of financing assurances.
Upon Board approval, Sri Lanka would gain access to approximately US$700 million in financing, Kozack said.
Responding to a question on whether the government’s fuel subsidy scheme — including the Rs. 100 per litre diesel subsidy — was consistent with the IMF’s pricing framework, Kozack declined to comment directly on the measure. However, she reiterated that the programme requires both cost-recovery pricing reforms and safeguards for vulnerable communities.
Kozack also observed that Sri Lanka had recently faced “two very large shocks”, referring to Cyclone Ditwah and the wider external impact of the Middle East conflict, which, she said, had affected both the economy and the public.
Despite these challenges, she said Sri Lanka’s reform programme was yielding positive results, citing strong fiscal performance in 2025, progress in debt restructuring, 5 percent economic growth, and inflation returning to positive territory following a period of deflation.
She reaffirmed the IMF’s commitment to supporting Sri Lanka’s reform agenda, stressing that the institution continues to work closely with the authorities to sustain economic stability and recovery.
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