- Last Update 2024-07-02 13:56:00
CSN Nugegoda property to be auctioned
The Carlton Sports Network (CSN) property in Nugegoda is to auctioned by the People's Bank to recover over Rs.61 million default in payments by the sports network last year.
A newspaper advertisement by the bank on Monday stated that the bank’s “Board of Directors has resolved unanimously to auction the mortgaged property and premises of CSN at Nugegoda in view of the default in payments for a sum of Rs.61.2 million”. CSN in under probe by the Police.
The 31.4 perch property situated at No.221, Stanley Thilakaratne Mawatha is where the sports network's former television channel Max TV which was later converted to You TV was situated. (SD)
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- June 29, 2024 - 876 - 0
Israeli Tourist found safe after three-day search in Trincomalee
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
- June 28, 2024 - 314 - 0
Former MP Hirunika Premachandra sentenced to three years RI
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
- June 26, 2024 - 191 - 0
All bilateral loans postponed until 2028; President
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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