Poging GOUD - Vrij

Misuse and abuse of public funds beyond presidency

Daily FT

|

August 27, 2025

ARREST and detention of former president Ranil Wickremesinghe last Friday (22 August), under the “Offences Against Public Property Act No. 12 of 1982” reported as the first such arrest of a former Head of State in Sri Lanka, brings about an issue that had not been paid attention to, though frequent allegations are made on “abuse of public property”.

- By Kusal Perera

As raised by Moratuwa Municipal Council member, Attorney at Law Lihini Fernando, how public life in high office and the individual's private life could be recognised and differentiated for the benefit of the office held and the individual’s freedom has never been looked into by any. For the presidency, it is by all means a daunting and a challenging task.

Attorney Fernando providing a short explanation posted in her “X” account on the following day 23 August says, “A President of a country cannot separate his private life from public life. The moment one assumes the office of Head of State, he ceases to be a private individual”. And then Fernando rightly assumes, “...in practice, there is no clear distinction between public and private life for a sitting President”.

Not bothered about presidential visits

Daily FT

Dit verhaal komt uit de August 27, 2025-editie van Daily FT.

Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.

Bent u al abonnee?

MEER VERHALEN VAN Daily FT

Daily FT

Daily FT

Insurance Association of Sri Lanka's 'Driven by Purpose, Defined by People' HR conference a success

The Insurance Association of Sri Lanka (IASL), the official representative body of the country's Insurance industry, successfully concluded its annual HR Conference at the Cinnamon Life at City of Dreams recently.

time to read

2 mins

September 01, 2025

Daily FT

US appeals court rules Trump's sweeping tariffs illegal, but keeps them in place for now

A federal appeals court ruled Friday that President Donald Trump had no legal right to impose sweeping tariffs on almost every country on earth but left in place for now his effort to build a protectionist wall around the American economy.

time to read

1 min

September 01, 2025

Daily FT

Daily FT

BALPP to hold workshop on research methodology for public policy

THE Bandaranaike Academy for Leadership and Public Policy (BALPP) has organised a one-day workshop with the objective of introducing key research methods used in public policy research and equipping participants with the skills and knowledge to critically asess and evaluate public policy research and evidence-based decision making.

time to read

1 min

September 01, 2025

Daily FT

TFAB to host Quiz and Social Evening at Marino Beach Hotel

THE Trade Finance Association of Bankers (TFAB) is all set to host its much-anticipated Quiz and Social Evening on Saturday, 13 September, at the prestigious Marino Beach Hotel, Colombo, starting from 3 p.m. onwards.

time to read

1 min

September 01, 2025

Daily FT

Daily FT

Hishan Singhawansa new CEO of Cinnamon Hotels & Resorts

CINNAMON Hotels & Resorts has appointed Hishan Singhawansa as its new Chief Executive Officer, unveiling the vision to strengthen the brand's role as one of the largest contributors to Sri Lanka's tourism sector and position the country's standing as a global destination.

time to read

1 mins

September 01, 2025

Daily FT

Daily FT

Softlogic Life: Redefining Insurance Through People, Access, and Trust

When Sri Lanka's life insurance sector seemed slow to evolve, Softlogic Life chose a different path.

time to read

2 mins

September 01, 2025

Daily FT

Daily FT

HNB Assurance Celebrates Insurance Month with Renewed Commitment to Protection and Progress

HNB Assurance PLC (HNBA) proudly joins hands with the rest of the industry to mark Insurance Month 2025, reaffirming its commitment to safeguarding the dreams, aspirations and financial security of Sri Lankans across the nation.

time to read

1 mins

September 01, 2025

Daily FT

SEC defers trading suspension of Softlogic shares till end-November

THE Securities and Exchange Commission (SEC) has granted deferment of the trading suspension of the securities of Softlogic Holdings PLC until 30 November 2025.

time to read

1 min

September 01, 2025

Daily FT

Daily FT

Educational reforms meaningless unless learning culture is inculcated

Unceasing educational reform activities

time to read

8 mins

September 01, 2025

Daily FT

End July Budget deficit down 36% YoY

GIVING investors a strong signal on the economic recovery and future stability, the Government continues to report impressive gains in fiscal performance, with the Budget deficit in nominal terms falling by 36.3% to Rs. 556.1 billion in the first seven months of 2025, down from Rs. 872.6 billion in the same period of 2024.

time to read

2 mins

September 01, 2025

Listen

Translate

Share

-
+

Change font size