Golden Key
Mar 26, 2009 (LBO) – Sri Lanka’s Ceylinco group chief Lalith Kotelawala has offered to provide assets into a trust to repay 14.5 billion rupees to …
Legal
Freeze Order
Mar 23, 2009 (LBO) – Sri Lanka’s Supreme Court has halted the sale of assets of Ceylinco Consolidated, an apex firm of the Ceylinco group, a …
Auditing Blues
Mar 17, 2009 (LBO) – A new Sri Lankan national audit bill expected to be presented for legislative approval shortly will grant the government’s …
Cricket Impresario
WASHINGTON, March 11, 2009 (AFP) – Cricket mogul and financier Allen Stanford is refusing to cooperate with authorities investigating his role in an …
No Bail
March 11, 2009 (LBO) – Sri Lanka’s Ceylinco group chairman Lalith Kotelawala remained in remand over fraud charges at an unlisted subsidiary that …
Refuge
TOKYO, January 30, 2009 (AFP) – The number of asylum seekers in Japan doubled last year amid turmoil in Myanmar but only a small number of them were …
Legal Meet
Jan 23, 2009 (LBO) – Sri Lanka’s lawyers are hosting an ICT law conference in Colombo next week, to debate emerging legal issues with the heavy use …
Capacity Problem
Jan 22, 2009 (LBO) – Sri Lanka’s top markets regulator has said an accounting and auditing watchdog body was severely understaffed and lacked the …
Flight Home
Jan 19, 2009 (LBO) – Britain has started deporting illegal Sri Lankan migrants with the first batch having arrived by charter flight on January 15 at the …
Oil Deal
Dec 15, 2008 (LBO) – Sri Lanka’s Supreme Court barred a senior official from a state-run petroleum retailer over a case involving derivative deals …
Media Nomination
Dec 03, 2008 (LBO) – An imprisoned Sri Lankan journalist, who faces a lengthy jail term for expressing his views, if convicted, has been nominated for a …
Property Lure
Nov 19, 2008 (LBO) – Several Sri Lankan government institutions are scrambling to get land in a government property near the capital Colombo whose …
Freedom Battle
Nov 14, 2008 (LBO) – Sri Lanka’s Supreme Court has suspended new broadcasting regulations brought through a gazette notice, after TV stations and …
Secret Budget
Nov 04, 2008 (LBO) – Sri Lanka’s Supreme Court has struck down a hidden budgetary fund that gave the island’s top treasury official power to …
Pay Up
Nov 04, 2008 (LBO) – Sri Lanka’s central bank said it has ordered four unlicensed finance companies that failed to register with the regulator to …
Media Muzzle
Oct 28, 2008 (LBO) – The Sri Lankan government plans to restrict television broadcast content through new regulations introduced to regulate private …
Debt Consultant
Oct 22, 2008 (LBO) – Sri Lanka’s Securities and Exchange Commission has issued a statement on a consultant Toshihisa Iida, the spouse of the head …
Bagged
Oct 13, 2008 (LBO) – Sri Lanka’s Supreme Court has halted a recent practice by the island’s top retail chains to charge for plastic bags, and …
Supreme Order
Oct 11, 2008 (LBO) – Sri Lanka’s Supreme Court has called for new laws to cut political interference in investment projects and the handing out of …
Gross Betrayal
Oct 11, 2008 9LBO) – Sri Lanka’s former president Chandrika Kumaratunga had grossly violated public trust in a deal where state lands and a tax …