THE KING WHO COULD NOT AFFORD TO STAY HOME
CHARLES III’S HIGH-RISK AMERICAN VISIT BECOMES A TEST OF DIPLOMACY, SECURITY AND THE FUTURE OF THE “SPECIAL RELATIONSHIP” Be that…
Category: TOP STORY
NDB RESTATES ITS ACCOUNT: SHAREHOLDER EQUITY TAKES A HIT
Net Asset Value (Shareholders Funds) falls to Rs 78 bn from previous 86 bn causing 12% loss to shareholders. Loss…
PARLIAMENT CALLS. TREASURY SAYS “NOT TOMORROW.”
COPF Summons Treasury Secretary Over Missing USD 2.5 Million As Constitutional Questions Begin To Surface Be that as it may,…
Shammi Steps Down – But Who Takes Guard?
SPECULATION SWIRLS AROUND ERAN WICKRAMARATNE AS SRI LANKA CRICKET FACES ANOTHER TURNING POINT Be that as it may, the resignation…
HEADLESS AIRLINE AS HILL NOT ACCEPTED CHAIRMANSHIP APPOINTMENT
SriLankan Airlines may now be flying without a cockpit at board level. NewsLine learns that although aviation veteran Peter Hill…
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,…
Scathing Auditor General’s Report on Coal Procurement
A catalogue of failure and a call for consequence The Auditor General’s findings on coal procurement for Norochcholai read less like an audit and more like an indictment…
Inaction: Sri Lanka’s Most Consistent Policy When Scandal Meets Silence, Governance Becomes Theatre
The Governor, The Board of Directors of NDB Bank and The Auditors are still in place There is a pattern…
NDB Fraud at LKR 13.2 Billion – Direct Hit on Capital, Profits and Trust
From Rs 380 million to Rs 13.2 billion – this is no longer an incident. It is a structural breach.…
NDB Bank Fraud: Under the Lens – Questions No Longer Waiting
Allegations of fraud, internal controls in doubt, and mounting calls for regulatory scrutiny? Is the Central Bank on the ball?…
