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SC orders X-Press Pearl stakeholders to pay USD 1 billion
The Island
|July 25, 2025
In a landmark judgement, the Supreme Court (SC) yesterday ordered the non-state parties involved in the X-Press Pearl disaster to make an initial payment of USD 1 billion within one year as compensation for damages.
The SC further ordered that such payments be paid to the Secretary to the Treasury.
A five-judge bench of the SC comprising Chief Justice Murdu Fernando, Justice Yasantha Kodagoda, Justice Shiran Gooneratne, Justice Achala Wengappuli and Justice Priyantha Fernando also ordered a Compensation Commission be set up under the Chairmanship of retired SC Justice Gamini Amarasekera.
The SC also ruled that former State Minister for Urban Development and Coast Conservation Nalaka Godahewa had failed to adopt supervisory measures and thereby violated the Fundamental Rights of the citizens.
X-Press Pearl verdict--key points:
1. USD 1 billion compensation ordered
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