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(Srilankamirror) - The convicted insider trader, Sri Lankan born Raj Rajaratnam, has been handed a record fine by the Securities and Exchange Commission in a civil case. A judge ordered the former founder of Galleon Group, a hedge fund, to pay 92.8 million dollars in penalties, BBC reports
Indian Congress Parliamentarian Sudarshan Nachchiappan has emphatically mentioned that the propaganda carried out by the Diaspora with regard to Sri Lanka cannot be endorsed. He invited the Diaspora to visit their motherland and witness the real situation. In a special interview with the BBC Tamil
Following is the address delivered by Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the fourth South Asia Economic Summit (SAES IV) Plenary Session: In the aftermath of the global economic crisis, there has been a noticeable shift in economic clout, moving from the USA and the debt-plagued countries of the Eurozone, to ...
British Prime Minister David Cameron urged Sri Lanka on Sunday to make progress on human rights before it hosts the next Commonwealth leaders meeting in 2013 to prevent the likelihood of boycotts, AFP reported. Cameron said he pressed President Mahendra Rajapaske during this year's Commonwealth heads of government meeting in Australia to show that Colombo did not "have things to hide" fol...
There seems to be a link between Colombo Stock Exchange (CSE), illegal drugs and the recent murder of a presidential advisor, says the owner of a private media network. Shan Wickramsinghe, the owner of the TNL media network, told BBC Sandeshaya that ...
(Srilankamirror) - Players of the Sri Lanka national cricket team have not been paid in the past several months, the BBC reports. About 100 contracted players are not paid since Sri Lanka co-hosted the World Cup together with India and Bangladesh, it reports.
Sri Lanka Cricket (SLC) has confirmed that the national cricketers have not been paid their salaries for months. About 100 contracted players are not paid since Sri Lanka co-hosted the World Cup together with India and Bangladesh, BBC report. .
Sri Lankan represents global team of entrepreneursAspirations Edu-cation’s General Manager Deepamala Abeysekera became the only Sri Lankan to represent a group of 30 entrepreneurs in the world from, USA, Europe, Australia, Asia and Africa, to read for her postgraduate studies in entrepreneurship at the University of Cambridge. Cambridge has acquired an international reputation as an ...
Networking for Rights says it is deeply concerned that the assault on Jaffna student leader, Subramaniam Thevapalasingham is a further erosion of the democratic rights of the people of Sri Lanka. In a statement, NfR says Thavapalasigham is reported to have been attacked with iron rods and is presently receiving treatment at the Jaffna Hospital. Thavapalsingham has sustained injuries to ...
Liam Fox, the Former British Defence Secretary who was forced to resign is accused of seeking funds from wealthy Tamil businessmen in the UK. Former head of the UNP’s British branch Dr. Roger Srinivasan says he met Dr Fox few times accompanying an opposition parliamentarian visiting London during 2007-2009. Dr Fox requested him to introduce wealthy Tamils in UK at a time the Sri Lank...
The ruling party in Sri Lanka should take the responsibility for the recent murder of a presidential advisor, his family members say. In an exclusive interview with BBC Sandeshaya, Swarna Guanaratne, elder sister of slain Bharatha Lakshman Premachandra said that the family is not satisfied
Military authorities in Sri Lanka say they are not aware of a serious assault on a Tamil student leader allegedly by military personnel. Military spokesman, Brig Nihal Hapuarachchi, told BBC Sinhala service that he has received no information about the alleged involvement of the military.
OCTOBER 17, 2011: Status: Not Free Legal Environment: 23 Political Environment: 30 Economic Environment: 18 Total Score: 71 Despite the end of the government’s long-running war with the Liberation Tigers of Tamil Eelam (LTTE) rebel group in May 2009, media freedom remained restricted in Sri Lanka, with journalists subject to myriad forms of legal harassment and physical intimidation. Altho...
Impunity lies at the heart of the Kolonnawa killings “A foul, dishonourable crew….” Giaccomo Leopardi (To Angelo Mai III) By Tisaranee Gunasekara In the Rajapaksa Security State, insecurity is the common condition of the rest of us… Impunity makes jungles out of civilised societies, where the big and the powerful prey on those smaller and ...
Noel Bruno Dawsan, a Sri Lankan, has been recognized as the world's best tour guide by the British travel magazine Wanderlust. The winner says he is delighted and will help disadvantaged people into further education with his bursary. A Tamil of Indian origin, he comes from a family of impoverished tea pickers in a remote Sri Lankan town. Mr. Dawsan was hailed by the judges as a ...
British media reports that the Sri Lanka Development Fund, set up by Britain’s Defence Secretary Liam Fox has not achieved any results other than to pay for his trips to the island. The defence secretary has told the House of Commons that he had worked with people in business, banking and politics in Sri Lanka since 2009 to set up the Trust to help with reconstruction of the country aft...
British defence secretary Liam Fox is facing renewed political pressure after emails and video footage emerged appearing to contradict his explanation of his working relationship with a close friend, Adam Werritty. BBC reports that video revealed Mr. Werritty, who has no official role
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A group of Buddhist monks in Sri Lanka led a crowd that demolished a Muslim shrine last week, the BBC has learned
Buddhist monks led a crowd that demolished a Muslim shrine in northern Sri Lanka last week, the BBC learns, amid calls for the government to act.
The Canadian prime minister has called upon heads of state to consider Sri Lanka’s human rights record before attending the Commonwealth leaders’ summit (CHOGM) to be held in Colombo. Answering a question by a journalist in Toronto, PM Stephen Harper said he has expressed his reservations on Sri Lanka hosting the 2013 summit. “I intend ...
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Those who attack military and police installations are terrorists and will be charged with countrys anti-terror regulations, says Sri Lanka military, BBC reports. .
Vavuniya Government Agent P. S. M. Charles yesterday blasted the BBC for twisting war-related news to compromise the national reconciliation process. An irate Ms Charles said that a calculated attempt was being made to deceive people living here and abroad regarding the number of missing in Sri
A young Diaspora Tamil will perform Wednesday evening alongside leading South Indian vocalist Aruna Sairam at the first Carnatic concert as part of the BBC Proms. Veena virtuoso Hari Sivanesan, the latest recipient of the BBC Radio 3 World Routes Academy, is a student of Smt Sivasakthi Sivanesan
A former official at Sri Lanka Cricket has told the BBC it signed a five-year deal allowing a foreign company to run SLPL.
July 11, Colombo: Sri Lanka Army has strongly rejected a BBC news report that said the people in Kilinochchi who protested against Britain's Channel4 video were tricked into protesting by the Army.
Refuting unsubstantiated allegations in "Sri Lanka's Killing Fields", Acting High Commissioner P M Amza questioned the motive behind Channel 4's vindictive campaign against Sri Lanka.
A Sri Lankan housemaid says she was not paid for over 15 years by employers in Saudi Arabia. GD Kusuma Nandani was speaking to BBC Sandeshaya from the Olaya detention...
Army Spokesman Major General Ubaya Madawela told BBC Sandesshaya that they have received a copy of t..