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Court dismisses People’s Bank appeal on RTI disclosure

January 26, 2026

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Daily FT

THE Court of Appeal has dismissed an appeal filed by People’s Bank, affirming a directive of the Right to Information Commission (RTIC) requiring the bank to release information sought by a customer under the Right to Information (RTI) Act, subject to redaction where necessary.

The Court held that the information requested did not fall within the exemptions under the Act and could not be lawfully denied.

The judgment was delivered on 20 January by a Bench comprising R. Gurusinghe and Dr. S. Premachandra, dismissing the appeal filed by People’s Bank against a decision of the RTIC dated 15 December 2022.

The case arose from a request made by a citizen, who was also a customer of People’s Bank and the managing partner of a partnership, M.H.B. De Silva and Company. He sought copies of internal audit or inquiry reports relating to the partnership’s accounts, ledger accounts for the relevant partnership accounts, and ledger details of a suspense account, covering the period from 1 January 2007 to 31 December 2019.

المزيد من القصص من Daily FT

Daily FT

UAE attracts $45 b FDI in 2025, up 50%

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Behind the Scenes at CodeGen: Building Smarter, Safer Ways of Living

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ComBank secures $ 60 m IFC RSF to boost WSME, Agri SME lending

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time to read

3 mins

January 28, 2026

Daily FT

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Beyond BIA: Why Sri Lanka’s next tourism leap must take off from south

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time to read

2 mins

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Tess Agro to issue Rs. 250 m unsecured debentures with warrants

TESS Agro PLC said its Board of Directors has resolved to issue and list unsecured debentures with attached warrants, subject to shareholder approval and regulatory clearance.

time to read

2 mins

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Daily FT

Hemas secures Kenyan regulatory clearance for proposed acquisition

HEMAS Holdings PLC has received approval from the Competition Authority of Kenya for its proposed acquisition of a majority equity stake in a consumer products company based in Kenya.

time to read

1 min

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Daily FT

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ZILLIONE: Empowering Modern Enterprises Through Al Transformation

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time to read

3 mins

January 28, 2026

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From stabilisation to strategy: How leading corporates are positioning for next phase of growth

John Keells Holdings' Gihan Cooray, Hemas Holdings' Sabrina Esufally, JAT Holdings' Nishal Ferdinando share strategy insights at First Capital Investor Symposium

time to read

5 mins

January 28, 2026

Daily FT

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Strategies for Sri Lanka to recover post-Ditwah disaster

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time to read

10 mins

January 28, 2026

Daily FT

National Corporate Director Awards tonight

THE Sri Lanka Institute of Directors (SLID), in partnership with the Association of Chartered Certified Accountants (ACCA), will host the inaugural SLID-ACCA National Corporate Director Awards 2025 today at 6.30 p.m. at the Oak Room, Cinnamon Grand Colombo.

time to read

1 min

January 28, 2026

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