News
Group of Four affiliated to SLPP manipulates paddy prices, says DEW
Weerasumana warns of fresh youth unrest
by Shamindra Ferdinando
Former Minister DEW Gunasekera has alleged that the four major millers representing the interests of the ruling Sri Lanka Podujana Peramuna (SLPP) decides the price of rice, according to the Communist Party organ, Aththa (13 Feb).
DEW Gunalasekera last represented Parliament on the UPFA National List in 2015.
Addressing the Matara District Convention of the Communist Party recently, the one-time General Secretary of the party Gunasekera explained how the group of four bought about 46 percent of the total paddy production, hoarded and then released the stocks to the market a year later, thereby retaining the capability to decide the market prices.
The veteran politician said that the public were aware of the real reason for the crisis in the market due to manipulation of the market.
The Cabinet of Ministers on 27 Sept. last year removed the price controls imposed on rice, rescinding the previously issued Gazette Notification on maximum retail and wholesale prices of rice.
The former lawmaker, who had led the Committee on Public Enterprises (COPE) investigation into the Treasury bond scams perpetrated in 2015 February, told the CP gathering that corruption could never be eliminated. However, waste, corruption and irregularities could be controlled, the ex-MP said, underscoring the failure on the part of those responsible to correctly identify the daunting challenges faced by the country.
Pointing out the economic crisis experienced by the US economy, the former minister emphasised that both the US and Sri Lanka printed money excessively though our currency wasn’t acceptable for international trade.
Gunasekera stressed that the national economy was in bad shape as a result of the preparation of fiscal policies by successive governments to suit new-liberal strategies. Declaring the current crisis as the worst ever since the country gained independence over seven decades ago, Gunasekera advised the government that the overwhelming crisis couldn’t be resolved by printing money.
According to available official records the government during 2021 has printed a staggering Rs 678.33 bn.
Gunasekera urged the government to take tangible measures to enhance government revenue or face the consequences. The CP veteran recalled the relevance of the economic proposals once proposed by Dr. S. A. Wickremesinghe. The former Minister regretted that the crisis hasn’t resulted in a wider discussion involving all stakeholders as well as the public.
CP member Weerasumana Weerasinghe said that their party, too, was responsible for exploring ways and means of addressing current challenges.
Matara District MP Weerasinghe said that the country paid a huge price for wrong economic policies pursued by successive governments. The CP contested the last general election on the SLPP ticket. However, the CP could win only one seat whereas the promised National List was not given.
Pointing out that the growing unemployment posed quite a threat, lawmaker Weerasinghe said that the Matara district was the worst affected. Emphasising the urgent need to address the issues at hand, MP Weerasinghe said that the failure on the part of those responsible to address unemployment could create a dangerous situation. Referring to JVP-led insurgencies in 1971 and 1987-1990, MP Weerasinghe stressed the need to address the grievances of the youth.
When The Island asked ex-Minister Gunasekera whether he could name those who fixed the market prices of rice, he said there were two Polonnartuwa- based businessmen, in addition to Dudley Sirisena and State Minister Siripala Gamlath.
Gunasekera alleged that the government has caused a catastrophic situation by taking hasty decisions on matters of importance. The ban on fertiliser and agro chemicals was a glaring example of bad decision making, the former CP General Secretary said.
News
Elders’ home devastated by fire was a ‘house of horror’: Witnesses
Death toll rises to 12: Director remanded
Some residents were allegedly chained
Police have come under public pressure to investigate allegations of inhumane treatmenf the residents at an elders’ home in Batagoda, which was also reportedly used as a care centre for persons with special needs, following a devastating fire that has so far claimed 12 lives.
Eyewitnesses who were among the first responders told the media that several residents had been chained inside rooms at the Senehase Kedella Elders’ Home when the fire broke out on Wednesday. They claimed that rescue efforts were hindered as iron chains could not be removed, and that some residents died while being restrained.
Authorities have not yet verified these claims, and Police said investigations are continuing.
Police spokesman ASP F.U. Wootler, contacted for comment, said there were rumours to that effect, but the Police were not in a position to verify the claims until a report from the Government Analyst was received. He said eight survivors with burn injuries were being treated in hospital.
Meanwhile, the Director of the facility had been arrested and was due to be produced before the Horana Magistrate’s Court, Police said adding that he was remanded till June 11.
The death toll from the fire has risen to 12 as of Thursday morning following the recovery of additional charred remains during ongoing forensic examinations at the site. Six others sustained serious injuries and are being treated at the Horana Base Hospital.
Police said 72 residents were inside the facility at the time of the blaze. Of them, 10 died inside the building, seven were injured and hospitalised, while 51 were rescued and relocated.
Survivors were initially housed at Batagoda Junior School before being transferred with Army assistance to another branch of the same care network in Galpatha.
A magisterial inquiry was conducted on Thursday morning. Horana Magistrate Lakmini Vidanagamage visited the scene. The burnt remains were examined and removed under judicial supervision.
Separately, allegations have emerged that residents were required to pay an admission fee of Rs. 75,000, along with a monthly charge of Rs. 35,000 to the centre. Police have not commented on these claims.
The director was taken to the scene as part of ongoing investigations, while forensic experts continue examinations to determine the cause of the fire, which remains undetermined.Anguruwatota Police are conducting investigations.
By Norman Palihawadane and Nishan S Priyantha
News
CERT : AI-generated videos depicting Prez, PM lure public into financial scams
Sri Lanka CERT has issued a public warning over the circulation of artificial intelligence (AI)-generated videos falsely depicting President Anura Kumara Dissanayake, Prime Minister Harini Amarasuriya and several other prominent personalities to promote fraudulent investment schemes online.
According to complaints received by the national cyber security agency, the videos have been created using deepfake technology and are being used as part of attempts to defraud members of the public through financial scams.
The images of famous sports personalities and other public figures have also been misused in the deceptive content.
The agency has warned that similar AI-generated material has been used to spread false information relating to investment opportunities, employment offers, as well as matters concerning the country’s economy and tax policies.
According to Sri Lanka CERT, the videos are being widely shared across online platforms and frequently contain links urging viewers to make investments in return for purported profits.The agency has cautioned that these links may redirect users to fraudulent websites designed to steal personal information, financial data and money from unsuspecting victims.
Sri Lanka CERT has urged the public to exercise extreme caution when encountering such content online and advised against clicking on suspicious links or sharing personal information through unverified websites.
“The public should remain vigilant and avoid becoming victims of false information and online fraud schemes,” the agency said.
Sri Lanka CERT has also encouraged internet users to verify information through official sources before acting on any investment, employment or financial offers circulated via social media or other online platforms.
News
New tax law comes into force
Speaker Dr Jagath Wickramaratne on Wednesday endorsed the certificate on the Inland Revenue (Amendment) Bill, bringing the legislation into force as the Inland Revenue (Amendment) Act, No. 11 of 2026, Parliament sources said.
The Bill, which amends the Inland Revenue Act, No. 24 of 2017, was passed by Parliament on May 19.
The new law introduces a series of reforms aimed at modernising tax administration procedures, improving compliance and enforcement mechanisms, enhancing the accuracy of tax calculations and deductions, and strengthening transparency within the tax system.
The amendments also support broader economic policy objectives and include measures designed to reinforce anti-money laundering safeguards.Among the key provisions of the Act is the mandatory use of Taxpayer Identification Number (TIN) certificates for specified high-value financial transactions.
The legislation also introduces revisions to the calculation of taxable income, clarifies tax exemptions applicable to certain projects and business entities, and expands the scope for information disclosure to relevant authorities.
The amendments are expected to improve the efficiency of tax administration while facilitating greater accountability and regulatory oversight.With the Speaker’s endorsement of the certificate, the Inland Revenue (Amendment) Bill has now become law as the Inland Revenue (Amendment) Act, No. 11 of 2026.
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