What is “commission of an offence” under the proposed Foreign Exchange Bill which will come for approval before Parliament?
Special Assignments Minister Tilak Marapana, a former Attorney General has been “instructed to study the views made by R. Paskaralingam (advisor to the Prime Minister)” and define the words.
The minutes of the Cabinet Committee on Economic Management (CCEM), which has assigned this new task, note that “a lengthy discussion took place on the draft Foreign Exchange Bill. It was reported that the words ‘commission of an offence under the Prevention of Money Laundering Act No 5 of 2006’ of Section 8(5) will prevent people bringing foreign exchange back to Sri Lanka which contradicts the real objective of the Bill.”
The minute adds “It was also reported that the remittance must not be specified as US$ 10 million but can amend as one per cent from the total amount.”
Public Security Minister Ananda Wijepala told Parliament today that the suspect in the rape of a lady doctor at the Anuradhapura teaching hospital has been identified as an army deserter and he will be apprehended shortly.
Police have arrested the suspect connected to the sexual assault on a female doctor at the Anuradhapura Teaching Hospital today morning in Galnewa.
The Dutch Public Prosecutor suspects two companies of paying bribes in the construction of hospitals in Sri Lanka, according to an investigation by FD, the Dutch financial newspaper.
The Minister of Power, Kumara Jayakody, stated that in the future, internationally funded projects, such as power projects, will only be carried out through government-to-government (G2G) agreements and competitive procurement.
The Government today tabled in the House the Report of the Commission to Inquiry into the Establishment and Maintenance of Unlawful Places of Detention and Torture Chambers in the Batalanda Housing Scheme.
Israel, a major player in the global diamond and jewellery trade, has invited Sri Lankan gem and jewellery businessmen and designers to collaborate with Israeli diamond traders.
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