Dappula and Sumanthiran battle at bond commission

November 20, 2017 at 5:23 pm

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No policy decision to ask state banks to make lower bids at bond auctions

November 20, 2017 at 5:18 pm

PM testifies before bond probe commission

PM’s affidavits inside

 

By Shamindra Ferdinando

 

Prime Minister Ranil Wickremesinghe yesterday said the government hadn’t taken any policy decision to instruct the state-owned banks to make bids at the treasury bond auctions at lower interest (yield) rates.

island.lk

November 20, 2017 at 5:14 pm

PM Wickremesinghe arrives at the presidential commission inquiring into alleged bond scams.

(pic by Nimal Dayaratne)

Charles Manson dies aged 83 after four decades in prison

November 20, 2017 at 12:08 am

Charles Manson Prison headshotImage copyright Getty Images
Image caption Manson believed in a coming race war in America

‘Shangri-La in Serendipity’ is unique in the world and only found in Sri Lanka: PM

November 19, 2017 at 11:55 pm

 


Prime Minister Ranil Wickremesinghe last week declared that it was only in Sri Lanka that one could savour Shangri-La in Serendipity.

He made this remark during his speech at the gala dinner to mark the opening of Shangri-La Hotel, Colombo with 500 guestrooms and suites and 41 serviced apartments on Thursday.

Mangala stands firm as locals step up lobby against shipping liberalisation

November 19, 2017 at 11:51 pm

 


  • Finance Minister listens patiently but refuses to reverse Budget liberalisation move 
  • Agrees to arrange meeting with PM for local shipping and freight forwarding firms
  • President Sirisena sympathetic when industry called on him to make representations
  • Agents demoralised over failure by Govt. to heed warning of loss of tax revenue, foreign exchange earnings and jobs

Finance Minister Mangala Samaraweera

Meet the world’s youngest self-made billionaire

November 19, 2017 at 11:40 pm

John CollisonImage copyright Stripe
Image caption John Collison does not enjoy discussing how much he is worth

New portraits released for Queen’s platinum anniversary

November 19, 2017 at 11:28 pm

The Queen and Prince PhilipImage copyright Matt Holyoak/CameraPress Image caption Winston Churchill described the royal couple’s wedding in 1947 as ‘a flash of colour on the hard road we travel’

Zimbabwe’s Mugabe faces looming resignation deadline

November 19, 2017 at 11:25 pm

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  • From the section Africa
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Editorial- island.lk

November 19, 2017 at 11:18 pm

Match at Hulftsdorp

 

The government is left with egg on its face, having done its damnedest to cover up the bond scams, but in vain. It, initially, ordered a sham probe in an abortive bid to hoodwink the public and unleashed its propaganda hounds on its critics who flagged the issue. Today, everybody knows that some yahapalana cronies have made huge profits through fraudulent Treasury bond transactions.


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