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Local News

Severe Financial Irregularities Uncovered at Sri Lanka Cricket, Audit Underway.

May 24, 2026 at 10:55 AM

Sri Lanka Cricket Transformation Committee Chair Eran Wickramaratne has confirmed that the financial misappropriation at SLC is significantly worse than expected, prompting an immediate forensic audit.

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Severe Financial Irregularities Uncovered at Sri Lanka Cricket, Audit Underway
Sports
Sri Lanka Cricket Refutes Claims of Financial Instability Amid Governance Overhaul
Image Source : srilankacricket.lk

Sri Lanka Cricket Refutes Claims of Financial Instability Amid Governance Overhaul.

May 19, 2026 at 9:34 AM
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Local News
Allegations of Widespread Extortion Surface in Monaragala Disaster Relief Distribution
Image Source : esakal.com

Allegations of Widespread Extortion Surface in Monaragala Disaster Relief Distribution.

May 17, 2026 at 9:19 AM
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Local News
Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management
Image Source : ftadviser.com

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

May 9, 2026 at 7:19 PM
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Local News•
May 8, 2026 at 6:03 AM

Concerns Mount Over Fiscal Irregularities in Sri Lanka’s Welfare Distribution.

Recent allegations regarding the irregular disbursement of Rs. 500 million in Aswesuma welfare funds have sparked public outrage, highlighting systemic gaps in financial oversight during Sri Lanka's economic recovery.

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Local News

Sri Lanka Insurance Corporation Denies Allegations of Financial Misconduct in Treasury Bond Deal.

May 5, 2026 at 6:55 PM

The Sri Lanka Insurance Corporation has formally rejected claims of a Rs. 10 billion financial irregularity involving Treasury bond investments, following public allegations of conflict of interest and market rate manipulation.

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Sri Lanka Insurance Corporation Denies Allegations of Financial Misconduct in Treasury Bond Deal
Image Credit : themorningtelegraph.com
Local News
Government Authorities Probe Series of Financial Irregularities and Project Data Manipulation
Image Source : slguardian.org

Government Authorities Probe Series of Financial Irregularities and Project Data Manipulation.

May 2, 2026 at 7:52 PM
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Local News

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.

May 2, 2026 at 7:31 PM
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Local News

Special Medical Board Assembled to Investigate Death of Suspended Finance Ministry Official.

A four-member panel of Judicial Medical Consultants has been appointed to conduct a post-mortem on a suspended Finance Ministry official linked to a $2.5 million fraud investigation.

May 1, 2026 at 7:58 AM
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Local News•
April 30, 2026 at 4:01 PM

Legal Consequences Loom as Finance Ministry Secretary Skips Key Parliamentary Committee Hearing.

Legal experts warn that the Finance Ministry Secretary could face severe penalties under the Parliament (Powers and Privileges) Act after failing to appear before the Committee on Public Finance regarding a suspicious $2.5 million transfer.

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Local News

Legal Experts Press for Answers Following $2.5 Million Treasury Cyber Incident in Sri Lanka.

April 29, 2026 at 8:48 PM

The Free Lawyers Organization has formally demanded transparency from the Sri Lankan government regarding a $2.5 million Treasury cyber heist, submitting 22 critical questions to the President following delays in legal proceedings.

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Legal Experts Press for Answers Following $2.5 Million Treasury Cyber Incident in Sri Lanka
Image Credit : asia.nikkei.com
Local News

Calls for Finance Ministry Secretary's Resignation Intensify Following Cyber Theft Allegations.

The 'Free Lawyers' association has formally requested the resignation of Finance Ministry Secretary Harshana Suriyapperuma following his alleged involvement in the oversight of a $2.5 million cyber theft case.

April 25, 2026 at 7:06 PM
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Technology
Navigating the Legal Maze: Determining Accountability for AI Errors
Image Source : aithority.com

Navigating the Legal Maze: Determining Accountability for AI Errors.

April 20, 2026 at 4:18 AM
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Local News
National Development Bank Uncovers Internal Financial Irregularity Exceeding Rs. 380 Million
Image Source : sundaytimes.lk

National Development Bank Uncovers Internal Financial Irregularity Exceeding Rs. 380 Million.

April 2, 2026 at 3:43 PM
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Major Canadian Financial Institutions Face $633 Million Risk in Subprime Lender Exposure
Image Source : ctvnews.ca
Finance•
April 1, 2026 at 6:54 PM

Major Canadian Financial Institutions Face $633 Million Risk in Subprime Lender Exposure.

Canadian banks are currently holding approximately $633 million in loans linked to the subprime lender Goeasy Ltd., raising concerns following the company's recent decision to halt dividend payments.

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