News
SJB takes ‘sugar racket’ to CIABOC, demands PCoI
The Samagi Jana Balawegaya (SJB) youth movement yesterday (1) lodged a complaint with the Commission to Investigate Bribery or Corruption (CIABOC), calling for an investigation into the alleged sugar fraud, which it says caused a loss of Rs. 11 billion to the state coffers.
Filing the complaint, Samagi Tharuna Balawegaya Chairman MP Mayantha Dissanayake said that in addition to the bribery investigation, a Presidential Commission of Inquiry should also be appointed to probe every aspect of the alleged fraud and the persons involved in it.
Samagi Tharuna Balawegaya Propaganda Secretary Rasika Jayakody, National Organiser Chamith Wijesundera and Attorney-at-Law Madhawa Jayawardena were present to file the complaint.
“Approximately, a consignment of 75,000 MT of sugar was imported by a powerful businessman after the import duty on sugar was reduced to 25 cents per kilo. Several other consignments of sugar are still arriving. Despite the drastic reduction in duty, there was no significance decrease in the sugar prices in the market. The state-owned Sathosa purchased sugar at higher prices and sold it at Rs. 85 per kilogram. We suspect that some racketeers with links to the government made huge profits.
“The impact of the alleged sugar fraud was two-fold. On the one hand, it deprived the government of a staggering amount of tax revenue. According to our calculations, this amounts to Rs. 11 billion. On the other hand, the benefit of the duty reduction was not passed on to consumers.
“We urged the Bribery Commission to probe the alleged involvement of former Sathosa Chairman Nushad Perera’s in this and his connection with Sajad Mowzoon, the owner of the company which imported sugar. When we raised the matter in Parliament, no member of the ruling party came out with a proper answer.”
The MP said the alleged sugar fraud was similar to the Treasury Bonds scams which took place under the yahapalanaya government. “At least President Sirisena appointed a Presidential Commission to investigate the scam and the legal proceedings were initiated based on the report. We hope President Gotabhaya Rajapaksa will have the courage to investigate the corruption allegation faced by his own officials and supporters.”
Dissanayake said the SJB, as the main opposition, would continue to monitor the progress of the bribery investigation. “Our struggle will not stop here. We will continue to raise this issue in Parliament and demand answers. This staggering deal should not be swept under the carpet. Everyone involved in this deal, irrespective of their positions or allegiance, should be brought to justice.”
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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