Fresh Charges

WASHINGTON, March 1, 2011 (AFP) – The US markets regulator charged former Goldman Sachs and Procter & Gamble director Rajat Gupta on Tuesday with insider trading in a high-profile hedge fund case. The Securities and Exchange Commission announced the charges for “illegally tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with inside information […]

Court Day

BERLIN, February 7, 2011 (AFP) – German federal prosecutors said Monday they had charged a man suspected of raising money for the separatist Sri Lankan rebel group Liberation Tigers of Tamil Eelam (LTTE). The accused, a 35-year-old German citizen named only as Agilan W., was charged with belonging to a foreign terrorist organisation, prosecutors said […]

Arson Protest

February 1, 2011 (AFP) – Dozens of Sri Lankan journalists took to the capital’s streets Tuesday to condemn an arson attack on an independent website that was blamed by its editor on the government. Reporters, photographers and employees of privately-run media joined a demonstration in central Colombo a day after the arson attack on the […]

Court Action

WASHINGTON, January 29, 2011 (AFP) – Members of Sri Lanka’s Tamil minority on Friday filed a lawsuit in the United States against the island’s president, seeking million in damages over alleged extrajudicial killings. Activists from the Tamil diaspora spearheaded legal action after President Mahinda Rajapakse quietly traveled to the United States, in a test of […]

Truck People

Jan 28, 2011 (LBO) – Four Sri Lankans are among 219 migrants discovered by authorities squeezed into a truck in northern Mexico who were hoping to enter the United States, a media report said. The Washington Post newspaper said most of the migrants were from Central America but six were from Sri Lanka and four […]

Age Limit

Jan 26, 2011 (LBO) – Sri Lanka has raised the minimum age of those going abroad as domestic workers to 21 years from 18 to mainly to protect young female workers, the government said. “As per the data nearly 50 percent of Sri Lankans migrating for foreign employment are females of which large category goes […]

Prison Riot

January 24, 2011 (AFP) – Sri Lankan prison guards opened fire Monday to halt a riot by prisoners protesting against poor conditions, killing at least one inmate and wounding another 20, an official said. Rounds of ammunition were fired as prisoners lit fires at the prison in the town of Anuradhapura, a prison official in […]

Anti Smuggling

OTTAWA, January 19, 2011 (AFP) – Canadian Public Safety Minister Vic Toews renewed calls Wednesday for tougher measures to curb human smuggling, amid reports the defeated Tamil rebels are regrouping in his country. Toews said “new information” suggests that “syndicated criminal networks are organizing migrant smuggling ventures potentially destined for Canada. ” Without elaborating, he […]

Regulatory Review

Jan 15, 2010 (LBO) – Sri Lanka’s Securities and Exchange Commission (SEC) will modernize its governing law to meet market trends and introduce civil sanctions for market offenders, an official said. SEC chairwoman Indrani Sugathadasa said the 1987 SEC law has been change three times but there had been “no overall review of the provisions […]

Freedom

January 15, 2011 (AFP) – Sri Lankan authorities on Saturday released 78 suspected Tamil Tiger rebels from an internment centre to mark the Tamil harvest festival of Thai Pongal, an official said. A total of 48 women and 30 men left a military-run facility in the northern town of Jaffna, the Commissioner General of Rehabilitation […]

Sweeping Raids

GENEVA, January 11, 2011 (AFP) – Swiss police Tuesday raided several properties and arrested ten Tamil Tiger rebels, accusing them of involvement in a criminal group as well as money laundering, the attorney-general’s office said. “To disguise the true origin of the funds, they were invested in companies with connections to the LTTE conducting legal […]

Normal Rule

January 12, 2011 (AFP) – Sri Lanka’s opposition Wednesday demanded an end to emergency law ahead of local elections in March, saying there was no reason for restrictions two years after the end of the island’s conflict. More than 300 municipal, urban and village councils will be elected in March for the first time since […]

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