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.”
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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