Author: lbostgadmin
Decision
Dec 08, 2012 (LBO) – A parliamentary committee from which opposition members walked out, has found Sri Lanka’s chief guilty of three out of five main charges made in a motion signed by ruling party legislators. Parliament is expected to hold a 10-day debate over issue. Reports said given the gravity of charge on which […]
Impeachment
Colombo, (AFP) – Sri Lanka’s first woman chief justice faced the threat of dismissal from office after a parliamentary panel on Saturday found her guilty of three accusations of professional misconduct. The charges against Chief Justice Shirani Bandaranayake have raised international concerns that the government is trying to control the judiciary after crushing Tamil rebels […]
Probe Call
COLOMBO, Dec 9, 2012 (AFP) – Sri Lanka’s main opposition party asked the Commonwealth Sunday to investigate the impeachment of the country’s chief justice in what it called a breach of the bloc’s democratic values. Opposition spokesman and former foreign minister Mangala Samaraweera urged the group’s secretary general Kamelesh Sharma to order his disciplinary body, […]
Lube Shift
Dec 07, 2012 (LBO) – Sri Lanka’s Chevron Lubricants Plc, the island’s market leader, said it will shift a blending plant to an industrial estate by July 2014 at an estimated cost of 15 million US dollars. Chevron Lubricant, a privatized unit has facilities on state land. The firm said it is gettubg 4.5 acres […]
‘s Keppel
Dec 07, 2012 (LBO) – Sri Lanka CT Holdings said Singapore’s Keppel group had completed the purchase of a 60 percent stake in a property unit which will build a seven billion rupee luxury apartment complex. . Keppel C T Developments (Private) Limited will build a 260-unit apartments in a 1.25 acre site at George […]
ADB downgrades growth for South Asia
Dec 07, 2012 (LBO) – The Asian Development Bank has downgraded the growth forecast for South Asia by 0. 2 percent to 5.3 percent in 2012 and 6.2 percent in 2013 on a slowing Indian economy. China is expected to grow 7.7 percent (8.1 percent next year) and South East Asia 5.3 percent (5.5 percent […]
Walkout
Dec 07, 2012 (LBO) – Sri Lanka’s chief justice Shirani Bandaranayake has walked out of a parliamentary committee with her lawyers saying she had been denied due process, in the latest twist in a controversial impeachment process. Leaked reports showed that her lawyers had denied charges in an impeachment motion. An impeachment motion was launched […]
Label
COLOMBO, Dec 7, 2012 (AFP) – Sri Lanka’s top judge Shirani Bandaranayake stormed out of her impeachment hearing after government lawmakers called her a “mad woman” and displayed open hostility, her lawyers said Friday. The move to impeach the country’s first female chief justice came after she scuttled several bills, including one that gave more […]
Property Rights
Dec 07, 2012 (LBO) – World Bank group’s Multilateral Investment Guarantee Agency, which provides political risk cover for foreign investors, said expropriation risks are rising in developing countries, with Argentina, Bolivia and Sri Lanka coming into prominence in the recent past. “Expropriation”which was an important threat to foreign investors in the developing world a few […]
Statement
Dec 07, 2012 (LBO) – Sri Lanka’s Ceylon Chamber of Commerce has called for “mutual respect and trust between the Executive, Legislature and the Judiciary” in the wake of an ongoing controversial impeachment of the country’s chief justice. Lawyers representing the Chief Justice has said she was called a ‘mad woman’ by legislators in a […]
Why
Dec 07, 2012 (LBO) – Lawyers for Sri Lanka’s chief justice Shirani Bandaranayake has explained why she walked out, after she was called names, was not allowed to cross examine witnesses and was given a large bundle of document which was expected to be answered in a day. The statement is reproduced below: Today the […]
Fair Trial
Dec 07, 2012 (LBO) – The United States embassy in Colombo expressed concern about Sri Lanka’s judiciary and urged that the island’s chief justice who is being impeached guaranteed due process and rule of law. “We urge that the Government of Sri Lanka and the Parliamentary Select Committee investigating the Chief Justice ensure any investigation […]