Legal

Tough Run

NatWealth Corp., says the fund misappropriation allegations in the State media are politically motivated, baseless and a distortion on facts.The retort came …

Checkmate

Moves by DFCC Bank to invest in National Wealth Corp. were put on hold following defamatory reports by the state media on Tuesday.NatWealth, which is a fully …

Bad Luck

The Mahapola Trust Fund and GTECH filed a counter case in courts Tuesday to fight a fundamental rights petition against the launch of its online lottery. The …

Super Power

The Supreme Court sought time till March 29, to give President Chandrika Kumaratunga an opinion on the controversial tax amnesty law.President Kumaratunga had …

Labour Of Love

Ten years of trying and the biggest bargaining tool in the local economy saw the light of day at the Labour Ministry on Wednesday bearing the harmless title …

New Dentures

The government says it has put out a fresh draft, which gives the Auditor Generals Dept., more teeth to flex its muscle.An independent Audit Commission on the …

Not Done

President Chandrika Kumaratunga has made a fresh attempt to overturn tax amnesty extension given by the government last year.In a petition to the Court of …

Pls Comply

The telecom watchdog has asked the Treasury to remove Sri Lanka Telecom chief, who has been charged for breaking immigration laws to help an alleged underworld …

Buying Time

The Central Bank has extended the suspension of Pramuka by another six months, to give monetary authorities extra time to restructure the bank.ldblquote The …

Fine Incoming

The telecom watchdogs case against Mobitel (Pvt) Ltd is likely to be settled out of court, with the cellular operator suggesting a compensation package, which …

Taking Money

Parliament is due to pass a new law in February, to round up all financial institutions currently not governed by the Central Bank. The new system will …

Recall

The telecom watchdogs case against Mobitel will be resummoned January 12, allowing the cellular operator to make further submission to the Fort Magistrates …

One-to-One

The Telecommunication Regulatory Commissions case against cellular operator Mobitel Private Limited at Magistrates Courts is to be called again on December 18, …

New Cap

Prof. Priyantha Wijayatunga will takeover as the Director General of the newly minted Public Utilities Commission from Dec. 8.Wijayatunga is currently the Dean …

New Case

The Telecommunications Regulatory Commission (TRC) has filed a fresh petition against Mobitel (Pvt) Ltd in Fort Magistrates Court on Friday, with summons …

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