Financial accountability News

Redefining Ethical Banking: How Janashakthi Finance is Scaling Shariah-Compliant Solutions in Sri Lanka.

Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.

The alleged Rs. 13.2 billion financial discrepancy at the National Development Bank (NDB) has triggered a national debate on institutional accountability, audit failures, and the effectiveness of oversight bodies in Sri Lanka.

The Evolving Threat: How Digital Fraud is Reshaping Financial Security in Sri Lanka.

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

An exploration of how parliamentary systems maintain oversight of national finances, detailing the legislative processes involved in budgetary approval and fiscal accountability.

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

Critical Perspective: Governance Concerns Surrounding the NPP Administration.

Namal Rajapaksa Raises Alarms Over Rs. 800 Million State Revenue Leakage.

Serious Financial Irregularities Surface: Aswesuma Overpayments and NDB Bank Fraud Concerns.

Recent reports reveal a Rs. 500 million overpayment in the Aswesuma welfare program, alongside allegations of a Rs. 13.2 billion fraud at NDB Bank, sparking urgent calls for parliamentary inquiries and regulatory accountability.

Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank.

Uncovering the $2.5 Million Finance Ministry Heist and Subsequent Institutional Crisis.

Hopes Fade for Recovery of Rs. 13.2 Billion Lost in Major NDB Bank Fraud.

A String of High-Stakes Financial Frauds Rock Sri Lanka’s Economic Landscape.

Sri Lanka is grappling with a series of significant financial irregularities, including a massive internal bank fraud and multiple government-level payment security breaches, raising urgent concerns over governance and oversight.