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Election year 2024 and the crisis of political parties

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. ..

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Treasury bond scams: SJB drags Lotus Tower into 'conflict' as SLPP attacks 'footnote' gang – The Island

By Shamindra Ferdinando The main Opposition Samagi Jana Balavegaya (SJB) recently alleged that the Lotus Tower has been leased to a Singaporean company, affiliated with former Governor of the Central Bank, Arjuna Mahendran, accused of perpetrating Treasury bond scams in Feb. 2015 and March 2016. The accusation was made by Badulla District lawmaker, Chaminda Wijesiri, […]

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An epic history of reason

Brecht’s Life of Galileo: By Laleen Jayamanne Andrea: Unhappy the land hat breeds no hero. Galileo: No! Unhappy the land that needs a hero. Brecht in Sri Lanka It is interesting that while three of Brecht’s plays were translated into Sinhala and successfully performed, The Life of Galileo (as far as I know), has not […]

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Corruption saga continues

By Shamindra Ferdinando The Sri Lanka Institute of Directors (SLID) and Transparency International Sri Lanka (TISL) recently declared corruption as the root cause of Sri Lanka’s current political and economic crisis. The declaration was made in a statement titled, “SLID and TISL launch ‘Business Against Corruption’ Initiative” issued to the media after the two organisations […]

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Gotabaya Rajapaksa must be tried for misusing funds, says Opposition

Sri Lanka’s former president Gotabaya Rajapaksa has the right to return to the country, but he must be tried for “misuse of funds” since he does not enjoy legal immunity, main Opposition party Samagi Jana Balawegaya said.

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