Legal

No Bail

September 5, 2008 (AFP) - Sri Lanka's Chief Justice Sarath Silva Friday refused bail for a Buddhist monk and slammed fellow clergymen for not showing respect …

Appeal

Sep 01, 2008 (LBO) - The man who acted as translator for a condemned Sri Lankan teenaged girl in a Saudi court was not a native Tamil speaker, her lawyer told …

Offshore Firms

Aug 22, 2008 (LBO) - Sri Lanka is developing a new policy and rules for setting up offices of foreign companies in the island, with plans to increase a minimum …

Shock Waves

July 24, 2008 (LBO) - A landmark court ruling against Sri Lanka's John Keells group involving the privatization of a profitable marine bunkering unit which was …

Aussie Arrest

July 16, 2008 (LBO) - Australian police have arrested the director of a Melbourne business school over links with Tamil Tigers following a request from US …

Battle Values

July 13, 2008 (LBO) - Sri Lanka's Stassen group controlled by tycoon Harry Jayewardene had been valued at over 24 billion rupees (228 million US dollars) by …

Rating Code

June 02, 2008 (LBO) – A new code of conduct for rating agencies has been published by a grouping of securities regulators after the sub-prime credit …

Fined

May 30, 2008 (LBO) – Sri Lanka securities watchdog said Nawaloka director Jayantha Dharmadasa has been fined over a price manipulation case involving the …

Freed

May 22, 2008 (AFP) - An appeal court on Thursday overturned a two-year prison term for breaking immigration law and dropped all charges against former cricket …

Costly Ruling

May 14, 2008 (LBO) - Sri Lanka's five-star city hotel Galadari Hotels said Wednesday it had been ordered to pay 101 million rupees in an arbitration hearing …

Netting Victims

May 07, 2008 (LBO) – Hundreds of Indian victims of the Goldquest scheme are flocking to police to lodge complaints after courts ordered authorities to …

Copy Cats

April 25, 2008 (LBO) – Vendors selling fake ink cartridges in Sri Lanka under the Toshiba trademark are being hunted and prosecuted, regional Toshiba …

Shady Deals

April 15, 2008 (LBO) – Sri Lanka's stock markets regulator is investigating a number of cases of manipulation of the share market on the Colombo Stock …

Bad Justice

April 12, 2008 (AFP) - A Sri Lankan court has released a man who was held in custody for 55 years without charge, a report said on Saturday. Thantriye Emis …

Inside Deals

April 11, 2008 (LBO) – A Sri Lankan supreme court judge has proposed amending regulations on stock market offences to cover markets regulators as well as …

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