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Anti-corruption drive should not be aimed at silencing critics

Daily FT

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May 24, 2025

THE Ministry of Public Security has instructed the Police to complete the establishment of Public Safety Committees across the country by 20 June. A circular has been issued regarding the establishment of 14,022 Public Safety Committees, covering every Grama Niladhari division in the country.

This initiative aims to strengthen police-community relations, promote peace and security, combat crime and drug-related threats and to foster interfaith harmony with each committee consisting of a designated police officer, retired public servants, former police and military officers, and youth representatives.

While such initiatives are welcome, there are serious questions about national security of the country which neither the Minister of Public Security Ananda Wijepala nor his deputy Sunil Watagala has been able to answer convincingly.

Ananda Wijepala once headed the Anti-Corruption Committee Secretariat under the Yahapalanaya Government when the JVP had another of its brief flirtations with the Government in power. Hundreds of files were filled with documents of cases of corruption but the work was left half-done due to infighting within the Yahapalanaya Government. It’s these same files that President Anura Kumara Disanayake and some in his party have been displaying at various public forums with pledges to punish those against whom there are substantial charges of bribery and corruption.

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Insurance industry gets Rs. 92 b worth of Ditwah-related claims

Treasury says over 24,000 insurance claims received, settlements monitored by regulator Claims worth Rs. 47 b already settled, claims amounting to Rs. 45 b being processed

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Apparel exporters welcome post-SVAT VAT refund gains

SLAEA Chairperson Rajitha Jayasuriya says most qualified apparel exporters already received October and November VAT refunds earlier than expected Commends collaboration between IRD, Presidential Task Force and industry, but stresses need for consistent performance Calls for faster rollout of e-invoicing across value chain, adherence to true risk-based audits for large refunds

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CSE ends week on new high, less than 50 points from 24,000 mark

THE Colombo stock market ended the week on a new year high with the benchmark index 43.49 points away from the 24,000 milestone.

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Non-traditional markets drive tourism growth in 2025

Unconventional markets outpace traditional ones in YoY growth, showing diversification Pakistan, Bangladesh, Italy, Malaysia and Netherlands show notable YoY growth in 2025 Strongholds like India, Russia, UK, Germany, France and China post moderate growth rates

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Dr. T.B. Jayah, the National Hero

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CSE, SEC hold Investor Forum in Dubai

AN investor forum organised by the Colombo Stock Exchange and the Securities and Exchange Commission was held in Dubai on Thursday at the Sheraton Grand Hotel.

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Rebuilding Sri Lanka Fund exceeds Rs. 8.5 b, aid goods Rs. 23 b

Treasury Secretary says overwhelmed by the scale of support

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Investing into an authentically sustainable planet

IT is only the bones that remain of over 600 humans.

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Vampire film Sinners breaks Oscar nominations record

VAMPIRE horror film Sinners has broken the record for the most Oscar nominations received by a single film, after being nominated for 16 of Hollywood's most coveted honours.

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