- Last Update 2026-03-31 17:13:00
Alleged fraud in purchase of two ships by CSC
The Financial Crimes Investigation Division (FCID) has begun a probe on the purchase of two ships by the Ceylon Shipping Corporation (CSC) during the previous Mahinda Rajapaksa administration. The vessels, with a displacement of 63,000 tons each, investigators say had allegedly been purchased with excess payments amounting to US$ 30 million for both.
Investigators say the ships procured in 2013 from a Chinese state enterprise had been bought at $70 million each. Meanwhile, the FCID probe into the procurement of MiG-27 fighter jets is now nearing completion. A Sri Lanka team was in the Ukranian capital of Kiev a week ago following up on several matters. It included Attorney General Jayantha Jayasuriya, Senior DIG Ravi Waidyalankara, head of the FCID, and another official from the AG’s Department.
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- March 26, 2026 - 429 - 0
50 more Forests declared under Wanaspati programme
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
- March 21, 2026 - 308 - 0
Major fuel price increase announced by CPC
The Ceylon Petroleum Corporation (CPC) has announced a major fuel price increase with effect from midnight today (March 21).
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