Essayer OR - Gratuit
Transparency International challenges National Audit (Amendment) Bill in SC
Daily FT
|July 23, 2025
THE Transparency International Sri Lanka (TISL) yesterday filed legal action in the Supreme Court challenging the National Audit (Amendment) Bill which was published in the gazette on 23 June 2025.
-
The Bill is to amend the National Audit Act No. 19 of 2018. The petition has been filed in public interest.
TISL said the National Audit Act is one of the key legislative tools to uphold financial accountability and combat corruption within the public sector. It empowers the Auditor-General to audit public institutions and hold officials accountable for misuse or mismanagement of public funds. This is done particularly through its provisions on imposing surcharges as penalties. Surcharge is designed to ensure that public officers are accountable for losses or mismanagement of public resources due to fraud, negligence, misappropriation, or corruption. In the proposed amendment, there are several provisions that weaken this framework and risk undermining the independence, authority, and effectiveness of the public auditing process.
Cette histoire est tirée de l'édition July 23, 2025 de Daily FT.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Daily FT
Daily FT
Unit Trusts for all – building a nation of investors
Many people are still not familiar with the term 'Unit Trust'.
7 mins
December 15, 2025
Daily FT
Brandix takes home Green Brand of Year at SLIM Awards
BRANDIX Apparel Solutions was recognised as the Green Brand of the Year at the Sri Lanka Institute of Marketing (SLIM) Brand Excellence Awards 2025, taking home Silver, the highest award presented in the category this year.
1 min
December 15, 2025
Daily FT
Kapruka reports 77% YoY improvement in operating performance
KAPRUKA
1 mins
December 15, 2025
Daily FT
Messi's tour of India begins with fans throwing bottles, stadium vandalised
LIONEL Messi's much-hyped tour of India got off to a rocky start on Saturday with angry fans throwing bottles and attempting to vandalise a stadium after many of them failed to get more than just a glimpse of their hero.
1 mins
December 15, 2025
Daily FT
SLMLBC expresses gratitude to people and Govt. of Maldives
THE Sri Lanka-Maldives Business Council (SLMLBC) has extended its deepest appreciation to the Government and the people of the Maldives for the extraordinary solidarity and generosity extended to Sri Lanka in the aftermath of the recent cyclone.
1 min
December 15, 2025
Daily FT
Leading with insights: Deloitte Sri Lanka hosts CFO Conclave 2025
DELOITTE Sri Lanka recently hosted the 'CFO Conclave 2025 - Leading with Insights' an exclusive forum that brought together the country's leading CFOs and finance leaders to explore the evolving priorities of financial leadership in an era defined by transparency, regulation, and technology.
3 mins
December 15, 2025
Daily FT
SLC MAJOR CLUB 3-DAY LEAGUE Defending champions Bloomfield start season with a loss
DEFENDING champions Bloomfield were at the receiving end of CCC when they lost their Major Club 3-Day League game in the first innings at the Galle Cricket Stadium yesterday.
3 mins
December 15, 2025
Daily FT
Placing smallholder farmers and fishers at the centre of Cyclone Ditwah recovery
CYCLONE
3 mins
December 15, 2025
Daily FT
Secondary Bond market turns bullish
Primary auctions continue to produce impressive outcomes
3 mins
December 15, 2025
Daily FT
11 killed in Sydney attack at Jewish event
A mass shooting at Bondi Beach in the Australian city of Sydney yesterday has killed at least 11 people and wounded 29, including two Police officers, Police say.
1 min
December 15, 2025
Listen
Translate
Change font size
