Daily NewsLine by Faraz
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Selective Regulatory Action Must Die With the Old Sri Lanka
Circumstances alter cases as much as powder alters faces. For 76 years Sri Lankans learned that when the system failed, you went upstairs. Find the…
Politics
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Is There an Extortion Racket Inside Customs?
The Opposition has levelled an extraordinary allegation: that some importers are being pressured for payments through an organised system operating…
Namal is in Jail. The President Says the Law Doesn’t Know Your Surname
Namal Rajapaksa remains in remand over an alleged Rs 100 million payment linked to the SriLankan Airlines Airbus procurement. Now…
The MiGs Are Flying Again
Twenty years after Sri Lanka bought and refurbished MiG-27 fighter aircraft from Ukraine, former President and then Defence Secretary Gotabaya…
When the Prosecution’s Own Witness Becomes the Problem
A prosecution witness in the money-laundering trial of Yoshitha Rajapaksa has been accused by the Attorney General’s Department of giving…
Expose
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From 0.1% to 1%, From 1% to 10%, and $1.57 Million Disappears
Evidence before the Presidential Commission says critical coal specifications were altered between tender and contract - leaving Sri Lanka with US$1.575 million in excess payments…
Business
The Taxman Gave Back Rs 82 Billion. Is Something Actually Working?
Sri Lanka’s Inland Revenue Department says it has refunded more than Rs 82 billion in VAT, with virtually all eligible refunds processed in an average…
Economy
Britain’s Thought Interest Rates Were Coming Down. Then Oil Went Back Above US$100.
The Bank of England is expected to hold interest rates this week as the Middle East energy shock threatens another burst of inflation. British households…
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