Terror Funds

Dec 02, 2009 (LBO) – The Sri Lankan government has identified some 600 bank accounts with links to the Tamil Tiger separatists and is trying to seize assets held by the Tigers, a spokesman said. Defence spokesman Keheliya Rambukwella said Tiger assets and bank accounts were largely held by Kumaran Pathmanadan alias KP, a top […]

Legal Action

PARIS, November 23, 2009 (AFP) – A French court on Monday jailed 21 Tamil Tiger militants convicted of extorting millions of euros from the Tamil diaspora in France to fund their armed campaign in Sri Lanka. The toughest sentence of seven years in was given to Nadaraja Matinthiran, whom the court heard was the leader […]

Fight

SYDNEY, November 23, 2009 (AFP) – Australia moved to tighten security at its main immigration centre on Monday after a riot by 150 asylum-seekers, reportedly wielding pool cues, broomsticks and tree branches, left 37 wounded.Immigration Minister Chris Evans said security would be increased to prevent a repeat of Saturday’s mass brawl between Afghan and Sri […]

UN Call

November 19, 2009 (AFP) – The United Nations on Thursday stepped up pressure on Sri Lanka to free thousands of war-displaced civilians held in state-run internment camps.“Months after the conflict ended, our main concerns haven’t changed. People are still not given free access to leave these camps on their own free will,” UN humanitarian chief […]

Index

Nov 20, 2009 (LBO) – Sri Lanka has slipped five places to 97 in the annual corruption perceptions index in an annual perception survey conducted among 180 countries, by Transparency International, a corruption watchdog.“What we see is a clear indictment on Sri Lanka and the urgent need for major systemic changes to wipe out corruption,” […]

Research Link

Nov 13, 2009 (LBO) – Intellectual property protection in Sri Lanka is still to weak to encourage companies to do research and develop new crop varieties with better yields, an agri-business company official said. “IP rights laws do not have provision to register agricultural innovations,” said Samantha Ranatunga, chief executive of the listed Chemical Industries […]

Kiwi View

WELLINGTON, November 11, 2009 (AFP) – New Zealand does not want to offer a new home to a group of Sri Lankan asylum seekers involved in a stand-off with Australian authorities, the government said. Coleman confirmed there had been informal talks with Australia over the fate of the Sri Lankans but said there was an […]

Wider Net

NEW YORK, November 6, 2009 (AFP) – Law enforcement officials in New York announced Thursday charges against 14 people in a widening probe into the largest ever alleged hedge-fund insider trading scheme on Wall Street.US Attorney Preet Bharara and New York’s assistant FBI director Joseph Demarest said the accused took part in insider trading schemes […]

Protection Deal

Nov 05, 2009 (LBO) – Sri Lanka and Kuwait has signed an Investment Promotion & Protection Agreement (IPPA) Thursday between the island’s envoy to the country and a senior finance ministry official of the Gulf state, the foreign ministry said. Sri Lanka’s foreign ministry quoted the undersecretary to the Kuwaiti ministry of finance Khalifa M […]

Ship Link

VANCOUVER, November 3, 2009 (AFP) – Several of a group of 76 Sri Lankan asylum seekers picked up off the Canadian coast last month have ties to the Tamil Tiger rebels and could pose a security risk, officials said Tuesday.The Canadian government told an immigration hearing that the “Ocean Lady” freighter used to transport the […]

US Quizz

November 1, 2009 (AFP) – Sri Lanka called on US authorities to drop plans to interview the island’s military commander over allegations of war crimes against ethnic Tamil rebels, an official said Sunday. The Colombo government held “very high-level” talks to prevent General Sarath Fonseka, currently visiting Oklahoma, from being quizzed over his conduct during […]

Legal Seminar

Oct 31, 2009 (LBO) – A seminar on the implications on Sri Lanka’s the new company law featuring senior legal experts targeted at educating director, chief executives, senior managers and corporate lawyers will be held on November 05. Its organizers Legal & Financial Advisory Services, a legal consultancy, and Marketing Services, a marketing consultancy, say […]

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