News
Prof. Ratnasekera: 33% increase in annual intake a daunting challenge
World Bank assistance sought to sustain significant University expansion
By Shamindra Ferdinando
Chairman of the Committee of Vice Chancellors and Directors, Prof. Jayantha Lal Ratnasekera says accommodating approximately 43,000 students––a staggering 33 per cent increase in the annual university intake–– would be a daunting task.
Prof. Ratnasekera, who is also the Vice Chancellor of the Uva Wellassa University, discussed ways and means of providing the basic facilities required by new entrants, especially at a time the State University system experienced severe difficulties caused by the continuing Covid-19 epidemic. The academic was appearing on Sirasa ‘Pethikada’ hosted by Asoka Dias recently.
Prof. Ratnasekera said that as they wouldn’t be able to upgrade the required facilities to 100 per cent, the undergraduates would have to bear the difficulties. Prof. Ratnasekera, who had graduated from the People’s Friendship University, Moscow, Russia with an honours degree in Chemistry in 1988 and subsequently obtained his PhD in Chemistry from the same university in 1993, explained efforts made by the authorities to accommodate an additional 11,000 students.
Explaining the difficulty in addressing the inevitable limitations especially at a time the country was struggling to cope up with the devastating pandemic; Prof. Ratnasekera said that the University Grants Commission (UGC) was engaged in discussions with the Treasury to secure the necessary funding. Prof. Ratnasekera said that the Treasury would provide funding though it was unlikely to meet their entire requirement.
Prof. Ratnasekera declared that the latest increase in the number of new entrants was the largest single surge ever in the State University system.
Pointing out that the annual intake had been raised to 43,000 from 32,000; the academic said that Uva Wellassa University recorded almost a 100 per cent increase. Providing required facilities sufficiently would be a huge task, the outspoken don said underscoring the need for adequate library and laboratory facilities in addition to a range of other necessities such as canteen and accommodation.
Responding to another question, Prof. Ratnasekera emphasized the responsibility on their part to provide the basic necessities. The academic explained how as part of their overall response to the significant expansion of the student intake, the UGC was going ahead with plans to increase what he called the teaching cadre by 500. Prof. Ratnasekera said his University would get 43 additional lecturers. The proposed staffing would be in addition to the filling of existing vacancies, he said, explaining the need for substantial external assistance to bring the project meant to accommodate an additional 11,000 undergraduates to a successful conclusion.
Referring to the World Bank funded ongoing Accelerating Higher Education Expansion and Development (AHEAD) project, Prof. Ratnasekera said that the UGC was in discussion with the WB in a bid to secure much needed financial assistance in support of the University expansion. Prof. Ratnasekera was of the opinion that the WB assistance might not be available immediately.
He explained the role played by the Committee of Vice Chancellors and Directors in overall UGC strategy and how it could assist the ongoing University expansion project. Reference was made to the moves to set up three new Universities, in addition to the 16 in operation now as the higher education sector underwent much needed reforms. The increase in the student intake should be examined against the backdrop of other relevant factors , such as the expansion of the University system, Prof. Ratnasekera said.
The senior academic however cautioned against expecting immediate results from investments made in research and related fields.
For want of proper understanding of what was offered by Universities, the undergraduates sometimes missed excellent opportunities to enhance their standing, Prof. Ratnasekera said, urging the student community to be aware of developments. The academic explained some exceptionally useful courses available at his Uva Wellassa University.
Prof. Ratnasekera called for a survey to find out the status of unemployed graduates. Assuring that he had absolutely no intention to undermine external degrees/external degree holders, he emphasized the need to examine the case of unemployed graduates. According to the vast majority of unemployed graduates they were those who obtained external degrees. Therefore a thorough examination of that issue and remedial measures were required.
Prof. Ratnasekera dismissed accusations pertaining to the alleged deterioration of the public sector University system. Contrary to those unsubstantiated allegations, the Universities, in spite of challenges faced were quite satisfied with the current status, the academic said, adding that other countries appreciated the Sri Lankan talent.
At the onset of the interview with Asoka Dias, Prof. Ratnasekera discussed how the Universities struggled to cope up with the Covid-19 rampage. The academic explained the difficulties associated with online classes and some of those chosen for Universities from 2018 Advance Level were yet to see the Universities due to the epidemic. Prof. Ratnasekera acknowledged the extreme difficulty in including the entire 160,000 University community in the ongoing vaccination programme. The Professor appreciated the inclusion of those in medical faculties et al in the vaccination programme.
Prof. Ratnasekera said that the entire University education couldn’t under any circumstances be conducted through online classes. Therefore, the need to resume classes at least on a staggered basis had to be recognised and tangible measures had to be taken in that regard, he said.
News
Removing monk’s robes matter for Sangha to decide: Mahanayake Theras
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.
News
NDB fraud Rs 60mn more than reported
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.
News
President orders review of laws on treatment of imprisoned monks
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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