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NDB Bank Fraud: Institutional Failure or a Planned Conspiracy of a Mastermind?
Sri Lanka has never seen anything quite like this. 13.2 billion in rupees. Vanished. Roughly two thousand six hundred transactions, each carefully structured at around…
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Turning Point
Politics
The NPP Must Deliver Devolution and Economic Justice Now
By Raj Sivanathan For nearly four decades, Sri Lanka’s Provincial Council system introduced through the 13th Amendment has stood as the primary institutional framework for…
Business
Janashakthi IPO Allotment Raises Concerns Amid Strong Oversubscription
The initial public offering (IPO) of Janashakthi Group has drawn both strong investor interest and emerging concerns over its share allocation strategy, following disclosures that…
Economy
How Government suffered a loss of Rs 6 Billion because of NDB Fraud
The financial implications of the alleged irregularities at National Development Bank PLC (NDB) extend far beyond the institution itself. While the immediate focus has been on the…
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- by Faraz Shauketaly
- by Faraz Shauketaly
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