Auditor KPMG is carrying out an audit on the beleaguered Entrust Securities Ltd, a primary dealer in the money markets, under the aegis of the Central Bank (CB), a top official said.
CB Governor Arjuna Mahendran said on Wednesday that the company has been quarantined (meaning operations isolated from other Entrust Group companies) and the audit will reveal the exact position, after which a restructuring plan will be set by the CB. "We will find out the exact position in about a months' time," he told Times Online. (Duruthu)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
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