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Treasury bond scams: Sixth Forensic Audit yet to be commissioned

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… CBSL awaiting AG’s advice to finalize procurement process; five reports cost taxpayers Rs 275 mn

By Shamindra Ferdinando

Many an eyebrow has been raised over the inordinate delay in carrying out the recommendations made by the Presidential Commission of Inquiry that probed the Treasury bond scams perpetrated in 2015 and 2016.

Of the six forensic audits called by the PCoI, the sixth one hasn’t been commissioned yet. The PCoI handed over its report to the then President Maithripala Sirisena in Dec 2017.

The Island

 recently sought an explanation from the CBSL as regards the forensic audit yet to be commissioned; its Communications Department said that the procurement process for selecting a suitable auditor was continuing. It said the CBSL was awaiting the Attorney General’s advice with regard to certain clarifications to bring the procurement process to a successful conclusion.

Asked what would be the total expenditure of all six forensic audit reports, the spokesperson said that the five reports received so far had cost Rs. 275 mn. The five reports were received by Parliament during the previous administration.

Asked whether the CBSL had taken action on the reports received so far, the spokesperson said that the Monetary Board had appointed a Task Force to facilitate and oversee implementation of the recommendations made in forensic audits received so far. “Copies of five Forensic Audit Reports were submitted to the Attorney General to enable them use relevant information in the relevant court cases. Copies of the five forensic audit reports were also submitted to the Auditor General.”

The Island 

asked whether CIABOC (the Commission to Investigate Allegations of Bribery or Corruption) had sought information on Treasury Bond scams from the CBSL, the spokesperson said: “Yes, copies of the forensic audit reports as per the request of the Director General of CIABOC have been provided to CIABOC.”

Recently, President Gotabaya Rajapaksa appointed new Commissioners to the CIABOC in terms of the 20th Amendment to the Constitution. The Commission comprises retired Supreme Court Justice Eva Wanasundera, retired Appeals Court Justice Deepali Wijesundera and retired DIG Chandra Wakista. Justice Wanasundera is also a veteran of the AG’s Department prior to being appointed to the Supreme Court.

Former COPR Chairman D. E. W Gunasekera told The Island that the failure on the part of Parliament to pursue the Treasury bond scams was unacceptable. The former minister pointed out that Parliament hadn’t at least debated the PCoI report which it received in early 2018.

 

 



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Lankan aircrew fly daring UN Medevac in hostile conditions in Africa

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Lankan Air Force personnel rescuing a UN personnel at Zemio in Central African Republic

The Sri Lanka Aviation Unit operating under the United Nations (UN) mandate in the Central African Republic (CAR) has successfully carried out a critical Casualty Evacuation (CASEVAC) mission, under extremely hostile and volatile conditions.

The mission had been launched in response to an urgent request to evacuate two United Nations personnel who had sustained combat-related injuries in the Zemio area, the Sri Lanka Air Force (SLAF) said.

Accordingly, the evacuation has been conducted using a Mi-17 helicopter (UNO 325P).

The aircraft was captained by Wing Commander Nelson De Silva, with Flight

Lieutenant Arunoda Ekanayake serving as co-pilot.

The aircrew comprised Squadron Leader Sandeepa Wijayathunga, Sergeant WCN Senevirathne, and Corporal DVPM Rodrigo. The Aeromedical Evacuation Team included Group Captain Sujith Perera, Flight Sergeant KW Sumedha, and Flight Sergeant RDH Karunadasa, who provided critical in-flight medical care to the casualties, the SLAF stated.

The extraction site was located approximately 20 kilometres northeast of the Zemio Permanent Operating Base (POB) and posed significant operational challenges.

They included extremely dusty landing conditions, an unstable and rapidly evolving tactical environment, and the requirement for a precision landing under constant threat, the SLAF said.

Despite these constraints, the aircrew demonstrated remarkable courage, sound judgement, and outstanding airmanship throughout the operation.

A comprehensive threat assessment conducted by the aircraft commander, taking into account the critical condition of the casualties, reflected exceptional adaptability and operational decision-making, the statement added.

According to the SLAF, the total flight duration of the mission was one hour and 45 minutes. The injured personnel were safely evacuated from the hostile location and successfully transported to Bangui for advanced medical treatment.

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Lanka to observe National Safety Day today

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Sri Lanka will mark National Safety Day today (26) with countrywide religious observances, a national moment of silence and the main state commemoration at the Peraliya Tsunami Memorial in Galle, officials said yesterday.

The annual observance, declared in the aftermath of the 2004 Indian Ocean tsunami that claimed over 35,000 lives and left more than 5,000 people missing, is held each year to honour victims of the tsunami and other disasters, while reinforcing public awareness on disaster preparedness.

Disaster Management Centre (DMC) Director General Retired Major General Sudantha Ranasinghe said the 2025 programme would be conducted with due consideration to prevailing weather conditions caused by the Ditwah cyclone, with district-level multi-religious observances planned across the country.

“National Safety Day is a moment of remembrance and reflection. It also reminds us of the importance of preparedness, early warning and community resilience,” he said.

The main national commemoration will take place at the Peraliya Tsunami Memorial from 8.30 a.m. to 11.00 a.m., with the participation of government representatives, religious leaders, disaster survivors and families of victims.

Secretary to the Ministry of Defence Air Vice Marshal (Retd) Sampath Thuyacontha said a two-minute silence will be observed nationwide from 9.25 am to 9.27 am today, in memory of all those who lost their lives to the tsunami and other disasters.

“All institutions and members of the public are requested to observe this moment of silence as a mark of respect and national solidarity,” he said.

DMC Additional Director General Pradeep Kodippili urged the media to provide wide coverage to the main commemoration in Galle as well as district-level programmes organised through District Secretariats.

“Media support and public participation are essential to ensure that the lessons of past disasters remain alive and that a culture of safety is strengthened across the country,” Kodippili said.

National Safety Day has been observed annually on December 26 since 2005.

By Ifham Nizam ✍️

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Street vendors banned from Kandy City

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Mayor Chandrasiri Wijenayake

All forms of street vending within the Kandy Municipal Council area will be banned from January 1, Mayor Chandrasiri Wijenayake has said.The Kandy Mayor said the decision had been taken as part of efforts to preserve it as a clean and aesthetically pleasing city and to allow the public to move freely while enjoying its surroundings.

He said the ban would apply not only to streets in the city centre but across the entire municipal council area. The move, he added, follows long-standing public requests for a more systematic regulatory framework within the Kandy urban area and is aimed at ensuring public convenience and welfare.

Wijenayake stressed that the decision would be implemented without reversal.

The Kandy Municipal Council has already issued formal notices to pavement vendors directing them to cease operations. Street vendors had requested a three-month grace period to relocate, which will expire on December 31.

By S. K. Samaranayake ✍️

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