Local News
Governance in Crisis: Analyzing the NDB Financial Scandal and Regulatory Silence.
May 18, 2026 at 4:45 AM
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.
Local News
National Development Bank Reports LKR 13.2 Billion Internal Fraud.
April 6, 2026 at 5:06 AM
National Development Bank PLC has uncovered an internal fraud amounting to LKR 13.2 billion, affecting a specific operational segment. The bank has assured that customer deposits remain secure and that its capital ratios stay within regulatory limits.



