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Govt. retains two foreign firms to restructure ISBs

By Rathindra Kuruwita The Cabinet of Ministers had approved a proposal to seek the services of two international companies to identify who held the country’s International Sovereign Bonds (ISB) and to apprise them of the government’s restructuring plans, Cabinet Spokesman, Minister Bandula Gunawardane told the media on Tuesday. Gunawardena said that Sri Lanka was facing […] ....

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Five indictments against Johnston to be taken up next month

By Chitra Weerarathne Five indictments filed against SLPP MP Johnston Fernando by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) will be supported in the Colombo High Court next month. The first indictment pertains to alleged corrupt practices he was involved in while he was the Minister in Charge of the CWE. The CIABOC […] ....

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