News
Treasury bond scams: Suspension of PTL extended for a further period of six months

The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL) allegedly involved in Treasury bond scams perpetrated in 2015 and 2016 during yahapalana administration. The new directive prevents the PTL from functioning as a Primary Dealer for a further period of six months.
The suspension, effective from 4.30 p.m. on January 5, 2025. Investigations into the company’s activities are continuing under the Registered Stocks and Securities Ordinance and the Local Treasury Bills Ordinance.
PTL has been under investigation since the disclosure of its alleged involvement in irregularities within the government securities market.
News
Navy takes hold of over 140kg of Kerala cannabis in northern waters

The Navy retrieved about 140kg and 40g (wet weight) of Kerala cannabis adrift in the sea, during a search operation conducted off the Kalmunai Point, Jaffna in the wee hours of today (17 Feb 25).
To combat illegal activities, including drug trafficking via sea routes, the Navy conducts continuous patrols and surveillance operations along the coastal and maritime boundaries of the island.
As an extension of these efforts, SLNS Welusumana belonging to the Northern Naval Command conducted this search operation off the Kalmunai Point, Jaffna. The operation resulted in the recovery of about 140kg and 40g (wet weight) of Kerala cannabis in 04 suspicious sacks, adrift in waters.
It is believed that the smugglers, unable to bring the consignment of Kerala cannabis to shore due to the presence of the Navy, may have abandoned it at sea.
The estimated street value of this stock of Kerala cannabis is believed to exceed Rs. 56 million.
Meanwhile, the stock of Kerala cannabis was handed over to the Divisional Crime Detective Bureau, Jaffna for onward legal proceedings.
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Speaker of Parliament endorses the certificate on the Local Authorities Elections (Special Provisions) Bill


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Rs 200 million allocated to establish treatment centre for children with Neurodevelopmental Disabilities, including Autism

The government will allocate Rs. 200 million to establish a treatment center for children with neurodevelopmental disabilities with international standards at the Lady Ridgeway Children’s Hospital (LRH).
Further, efforts will be made to establish similar kind of treatment centers in every district with the necessary human resources within the next five years.
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