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Free Lawyers Demand Parliamentary Probe into Alleged Rs.500 Billion ...
The Free Lawyers Organization, in a statement, says that information has been reported indicating that an additional payment of slightly less than Rs. 500 billion has been made through the Welfare Benefits Board. The organization further states that an investigation should be conducted through Parliament regarding this additional payment. Addressing a letter to the Speaker of Parliament, the Free Lawyers Organization emphasizes that the misuse of public funds without a system of checks and balances constitutes a crime, corruption, and fraud. They further stress that under Article 148 of the Constitution, which grants Parliament financial authority, answers to the following questions must be obtained immediately: Out of approximately 1.8 million families who were supposed to receive payments in April, how many received excess payments or double payments? Has an investigation been initiated regarding double payments in the districts of Kegalle, Monaragala, and Kurunegala? What is the total number of beneficiaries who have received double payments or additional/extra payments beyond the prescribed amount? What is the total amount of money that has been irresponsibly disbursed to Aswesuma beneficiaries without proper verification? Who are the officials who made these payments outside the financial authority procedures of the Welfare Benefits Board? Who are the officials/commissioners appointed on political basis to the Welfare Benefits Board? Has a formal investigation been conducted under a competent authority regarding this large-scale waste, misappropriation, or corruption involving political appointees? Were financial powers under FR 135 delegated to the officials involved in this process? If so, who authorized it? Has the Treasury conducted an initial investigation into the release of these additional funds? If so, have responsible treasury officials been identified? If not, is this another hacking incident, a mistake, or the result of inexperienced political appointments lacking administrative knowledge within the Ministry of Finance and the Treasury? The full letter submitted to the Speaker is as follows: Subject: Regarding the disappearance of Rs. 500 billion in Aswesuma funds 06 May 2026 Hon. Speaker,Parliament of Sri Lanka,Sri Jayawardenepura Kotte. Hon. Speaker, We request that Parliament conduct an investigation into the issue of double/additional payments made to Aswesuma beneficiaries. On 22 April 2026 at 9:23 a.m., we lodged a...
Govt. draws flak over Rs. 500 mn excess Aswesuma payments
News NDB fraud: Ravi asks govt. to appoint independent forensic auditor Published 14 mins agoon 2026/05/7 Karunanayake NDF MP Ravi Karunanayake on Tuesday (05) raised in Parliament what he described as a matter of “grave national importance”, alleging a financial fraud amounting to approximately Rs. 13.2 billion at the NDB Bank, spanning the financial years 2024, 2025 and the first quarter of 2026. Raising the issue under Standing Order 27(2), Karunanayake called for an urgent response from the Finance Minister, warning that the incident posed serious concerns over regulatory oversight, financial system integrity and statutory accountability under the Central Bank of Sri Lanka Act No. 16 of 2023. He questioned how the Central Bank of Sri Lanka had failed to detect or act upon, what he termed, a large-scale fraud over a period exceeding three years, despite its supervisory mandate. Karunanayake further claimed that at least two banks had reported suspicious transactions to the Financial Intelligence Unit, as far back as 16 months, prior to the public disclosure, and queried why such alerts had allegedly gone unacknowledged or unaddressed under Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) obligations. He also sought clarification on whether investigations had uncovered involvement of other banks or non-bank financial institutions, and the extent of exposure across the wider financial system. Referring to reports of more than 2,700 CEFT transactions, the MP questioned the failure of the national payment infrastructure, including LankaPay, to trigger alerts, raising concerns over the enforcement of real-time monitoring and reconciliation mechanisms. Karunanayake called for disclosure of the total value of dividends withheld during the period in question and the impact on institutional shareholders, including the Employees’ Provident Fund, Employees’ Trust Fund and Sri Lanka Insurance Corporation. He requested an estimate of total fiscal losses to the Government, including direct and indirect tax losses and issues relating to recoverability. The MP also queried whether any funds had been transferred overseas or via cryptocurrency channels, and if so, how such transactions had been effected without exchange control approval, and what recovery actions were underway. In addition, Karunanayake sought details on the decline in share price and market capitalisation of the bank following disclosure of the alleged fraud, and the correspon...
Hindustan Times: Breaking News, Latest News, India News, World News ...
Hindustan Times: Stay updated with Hindustan Times for the top India news, world events, and breaking stories. Get real-time updates on politics, wars, live cricket scores, entertainment news, and ...
Aswesuma Payment Check Online 2026| Aswasuma Selected Name List April ...
Aswesuma Payment Check Online. 2026 Asweuma Welfare Payment List-02 Released. To realize the Home needs of poor and Vulnerable people of Sri Lanka, the President has started the Aswesuma Welfare Benefit Scheme. A gazette notification outlining the monthly payments for beneficiaries of the Aswesuma welfare program in 2026 has been issued.
