Dharma Dheerasinghe was re-elected chairman of the Commercial Bank at its AGM on Monday amidst concerns by shareholders on moves by the Government to replace him. Shareholder M.R. Shah, former banker and trade unionist, raised the issue at the meeting saying the Government (Treasury) should not intervene to replace the chairman. Good governance activist, K. Vignarajah also expressed similar concerns. The Government has openly acknowledged that it wants to replace chairpersons of commercial banks saying cronies were appointed during the former regime.
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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.
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.
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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