A major corporate fraud scandal has erupted in Sri Lanka's agribusiness sector, following the formal complaint filed by Sheran De Fonseka, a director and shareholder of SMSS Holdings (Private) Limited. The complaint, lodged with the Criminal Investigation Department (CID), accuses two former directors, Vijayasekerage Shanika Kumari and Herath Bandaralage Anuradha Oshadha Herath, of embezzling over Rs. 30 million through a sophisticated scheme of falsified financial reports and unauthorized fund transfers.
The Speaker of the Sri Lankan Parliament, Dr. Jagath Wickramaratne, a high-ranking official in the current 'Compass' administration that swept to power on an anti-corruption platform, is now embroiled in a severe crisis following serious allegations of corruption and abuse of power.
As the current JVP-led government remains mired in traditional political rhetoric and repressive tactics, dragging the country backwards, the United National Party (UNP) under the leadership of former President Ranil Wickremesinghe is gearing up for a major technological revolution. In line with Mr. Wickremesinghe's consistent vision that the country's future must be based on digitalisation, the UNP has made all arrangements to launch the biggest technological operation in Sri Lanka’s political history, centred around the Sirikotha party headquarters, coinciding with Independence Day on February 4th.
The 'immoral political deals' that Sri Lankan political parties conduct behind the scenes, despite publicly criticizing each other, have once again been exposed during a recent visit to India. The entire country has been subjected to severe embarrassment on the international stage following a secret trip to India by Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa and a group of new Samagi Jana Balawegaya (SJB) MPs, during which Rajapaksa illicitly used the title of 'Leader of the Opposition'—a position he does not hold.
The ongoing legal saga against former President Ranil Wickremesinghe, widely characterized as a political witch-hunt, faced sharp criticism today at the Colombo Fort Magistrate's Court. Magistrate Isuru Neththikumara strongly admonished the Criminal Investigation Department (CID) for its failure to conduct a proper investigation into the allegations of misusing state funds.
GlobalHealth Asia-Pacific (GHAPAC), a leading healthcare platform in the region, officially announced the launch of the Sri Lanka GlobalHealth Asia-Pacific Conference, Summit & Awards 2026 at a press conference today at the ITC Ratnadipa, Colombo.
The competitive spirit of Sri Lanka's brightest minds is set to be tested as the inaugural SL Mindhunt 1.0 - Corporate & Open Quiz Competition fast approaches. Organized by the SL Trivia Society in collaboration with the Rotaract Club of Gampaha, the event promises an evening of intense intellectual challenge, networking, and strategy.
The country faces a severe risk of a massive power crisis and widespread electricity cuts in the coming months, a direct consequence of the current government's inefficiency and lack of transparency in the coal procurement process. Political groups, including the 'Winning South Collective' and opposition parties, warn that failure to secure the necessary coal stocks before April could cripple the Norochcholai Power Plant, making a return to nationwide darkness inevitable.
The Speaker of the Sri Lankan Parliament, Dr. Jagath Wickramaratne, a high-ranking official in the current 'Compass' administration that swept to power on an anti-corruption platform, is now embroiled in a severe crisis following serious allegations of corruption and abuse of power.
As the current JVP-led government remains mired in traditional political rhetoric and repressive tactics, dragging the country backwards, the United National Party (UNP) under the leadership of former President Ranil Wickremesinghe is gearing up for a major technological revolution. In line with Mr. Wickremesinghe's consistent vision that the country's future must be based on digitalisation, the UNP has made all arrangements to launch the biggest technological operation in Sri Lanka’s political history, centred around the Sirikotha party headquarters, coinciding with Independence Day on February 4th.
The 'immoral political deals' that Sri Lankan political parties conduct behind the scenes, despite publicly criticizing each other, have once again been exposed during a recent visit to India. The entire country has been subjected to severe embarrassment on the international stage following a secret trip to India by Sri Lanka Podujana Peramuna (SLPP) MP Namal Rajapaksa and a group of new Samagi Jana Balawegaya (SJB) MPs, during which Rajapaksa illicitly used the title of 'Leader of the Opposition'—a position he does not hold.
A major corporate fraud scandal has erupted in Sri Lanka's agribusiness sector, following the formal complaint filed by Sheran De Fonseka, a director and shareholder of SMSS Holdings (Private) Limited. The complaint, lodged with the Criminal Investigation Department (CID), accuses two former directors, Vijayasekerage Shanika Kumari and Herath Bandaralage Anuradha Oshadha Herath, of embezzling over Rs. 30 million through a sophisticated scheme of falsified financial reports and unauthorized fund transfers.
Sasidu Ranathunga of John Keells Holdings and Yasasri Herath of IFS emerged victorious in the Men's and Women's Open Singles categories at the 41st MBA Novices Badminton Championship 2025, held at the MBA Indoor Courts in Colombo from March 22nd to 30th.
Sri Lanka's burgeoning reputation in the global golfing arena is set to reach new heights as two of its most promising junior golfers, Reshan Algama and Kaya Daluwatte, prepare to participate in the prestigious Robert Rock Junior Masters. This esteemed tournament, scheduled from April 1st to 3rd at the renowned Al Hamra Golf Club in the United Arab Emirates, is a pivotal platform for showcasing emerging talent in the world of golf.