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Reported vs Corrected Asset Valuation (LKR)

Comparison of asset values reported initially by the media vs the actual declared values.

Primary Sources

facebook.com
Asian Mirror - Hiru TV Apologises to Lal Kantha after Rs ... - Facebook

Hiru TV Apologises to Lal Kantha after Rs. 10 bn LOD

facebook.com
asianmirror.lk
Hiru TV Apologises to Lal Kantha after Rs. 10 bn LOD

Hiru TV has publicly apologised over errors made in its calculation and reporting of the assets and liabilities declaration of Agriculture, Livestock, Lands and Irrigation Minister K.D. Lal Kantha. The apology was aired yesterday (18), following a report broadcast on 16 April 2026 in which the channel acknowledged that the stated value of the Minister’s securities holdings and the total gross value of his assets had been incorrectly calculated. The channel said the corrections were subsequently broadcast during its 6.55 p.m. and 9.55 p.m. news bulletins yesterday. According to Hiru TV, the earlier report had mistakenly stated that the total value of the Minister’s securities amounted to Rs. 380,906,705.40. It clarified that, based on the actual assets and liabilities declaration, the correct value should have been Rs. 143,475.60. The broadcaster further admitted that its earlier claim that the Minister’s total gross assets exceeded Rs. 460 million had also resulted from a calculation error. It said the corrected figure placed the Minister’s total gross assets at approximately Rs. 80 million. Hiru TV also expressed regret over the inconvenience caused to Minister Lal Kantha as a result of the inaccurate report.

asianmirror.lk
themorningtelegraph.com
Hiru News Under Fire After Lal Kantha Asset Miscalculation

Hiru News has issued a formal correction regarding its earlier report on the assets and liabilities declaration of Minister K. D. Lal Kantha, acknowledging that certain figures previously published were inaccurate. The correction follows an intervention by the Minister's legal representatives, who pointed out discrepancies in the reported value of securities and the total gross value of ...

themorningtelegraph.com
hirunews.lk
Minister Lal Kantha's assets exceed Rs. 80 million; not Rs. 460 million

Minister Lal Kantha's assets exceed Rs. 80 million; not Rs. 460 million Hiru News Most visited website in Sri Lanka,Sri Lanka Latest news updates from Sri Lanka. Sri Lanka News updates and ...

hirunews.lk