Home Blog Page 239

Abthul Wazeeth takes oath as SLMC’s newest National List MP

0

July 08, Colombo (LNW): Earlier today (08), Mohamed Sheriff Abthul Wazeeth was officially sworn in as a Member of Parliament representing the Sri Lanka Muslim Congress (SLMC) through the National List.

The oath of office was administered by the Speaker of Parliament, Dr Jagath Wickramaratne.

Wazeeth assumes the seat left vacant following the resignation of former SLMC National List MP, Muhammathu Saali Naleem. Naleem relinquished his position in March this year in order to contest the upcoming 2025 Local Government Election, with intentions to represent the Eravur Urban Council—a move that signals his continued involvement in grassroots-level governance.

The Election Commission of Sri Lanka confirmed Wazeeth’s appointment through an official Gazette, issued after the SLMC General Secretary formally submitted his name for consideration. The process followed standard constitutional procedures governing the replacement of National List MPs.

AI-Powered Decision-Making System Gets Silver for CDB at CIMA – JXG Pinnacle Awards

Rashika Hennayake 08 Jury Colombo LNW: Award-winning innovation reshapes credit evaluation, deepens financial inclusion and reinforces CDB’s tech-first strategy

Colombo, Sri Lanka, 04 July 2025: Citizens Development Business Finance PLC (CDB) continues to earn national recognition for its trailblazing AI-Powered Credit Decision Making System, winning Silver in the Digital Transformation Project of the Year category at the CIMA – JXG Pinnacle Awards 2025. Marking the second major accolade for the project given the award won last year at the National ICT Awards NBQSA 2024, this Silver underscores the consistent excellence and impact of CDB’s digital innovation journey.

The award-winning system, developed entirely in-house, draws on CRIB data through direct API integration, offering real-time access to critical credit information. By harnessing advanced AI algorithms, it evaluates a broad spectrum of data to generate highly accurate credit assessments. This is further reinforced with an AI-powered vehicle valuation module, which determines the collateral value of vehicles – a key asset in vehicle-based credit decisions. The result is a credit decision-making model that is informed, swift, reliable and rooted in robust asset understanding.

“This AI model is an essential pillar of our future-forward credit assessment strategy,” says Director – Business Operations Dave De Silva. “With AI evolving rapidly and competition intensifying across financial services, our aim is to deliver unmatched service through speed and precision in credit decision-making – setting new standards for customer experiences. Importantly, the system has been instrumental in the successful implementation of risk-based pricing, enabling data-driven differentiation of customer risk profiles – ensuring credit is priced accurately and fairly.”

General Manager – Credit Sudath Fernando compares tangible advantages over traditional manual approval methods. “We have seen improvements in credit quality, reduced default risk and expanded business capacity. With branch staff receiving credit decisions and recommended pricing on their mobile phones, they can now approve credit facilities virtually from wherever they are, under central oversight. This empowers our teams to make sound and consistent decisions, significantly reduces human bias, and enhances compliance with regulatory standards.”

Beyond operational efficiency and credit risk management, this transformation drives a vital role in financial inclusion. By streamlining approvals and making credit more accessible, particularly to underserved segments with limited formal financial histories, the system ensures wider participation in the financial ecosystem. The intelligent automation allows for a fairer, data-driven evaluation of creditworthiness, enabling more individuals and entrepreneurs to access timely financing.

CDB’s digital journey began with its Robotic Process Automation (RPA) programme in 2019, incorporating OCR, ICR, BOTs, and API-based integrations. These innovations laid the foundation for deeper technology-led disruptions, transforming CDB’s operating model into one that emphasises virtual operations, remote collaboration and enhanced agility. As a result, CDB has not only optimised internal processes and reduced costs but also established a future-ready, resilient infrastructure which redefines how financial services are delivered

Nishantha Jayaweera appointed to Parliament via NPP National List

0

July 08, Colombo (LNW): In a recent development in Sri Lankan politics, Ushettige Don Nishantha Jayaweera has formally been appointed to Parliament under the National List of the National People’s Power (NPP), following the official publication of a Gazette notification by the country’s Election Commission.

Jayaweera’s entry into the legislature comes in the wake of a vacancy created by the departure of Dr Harshana Suriyapperuma, who stepped down from his seat as well as his position as Deputy Minister of Finance and Planning.

In accordance with standard procedures, the NPP formally nominated Jayaweera’s name for the now-vacant National List position.

Upon receiving this nomination, the Election Commission proceeded with the necessary formalities, culminating in the publication of the relevant Gazette notification, thereby confirming Jayaweera’s assumption of duties as a Member of Parliament.

Several spells of showers expected across SL (Jul 08)

0

July 08, Colombo (LNW): Several spells of showers will occur in the Western and Sabaragamuwa provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts, with a few showers being expected to occur in the North-western province, the Department of Meteorology said in its daily weather forecast today (08).

Strong winds of about (40-50) kmph can be expected at times over Western slopes of the central hills and in Northern, North-central and North-western provinces and in Trincomalee and Hambantota districts.

Marine Weather:

Condition of Rain:

Showers will occur at several places in the sea areas off the coast extending from Chilaw to Matara via Colombo and Galle.

Winds:

Winds will be Westerly to South-westerly and wind speed will be (30-40) kmph.

Wind speed can increase up to (55-60) kmph at times in the sea areas off the coast extending from Chilaw to Kankasanthurai via Mannar and from Matara to Pottuvil via Hambantota.

Wind speed can increase up to (45-50) kmph at times in the sea areas off the coast extending from Chilaw to Matara via Colombo and Galle and from Kankasanthurai to Vakarai via Trincomalee.

State of Sea:

The sea areas off the coast extending from Chilaw to Kankasanthurai via Mannar and from Matara to Pottuvil via Hambantota will be very rough at times. The sea areas off the coast extending from Chilaw to Matara via Colombo and Galle and from Kankasanthurai to Vakarai via Trincomalee may be fairly rough at times.

The wave height (about 2.0 – 2.5 m) may increase in the sea areas off the coast extending from Puttalam to Matara via Colombo and Galle (this is not for land area).

Naval and fishing communities are requested to be vigilant in this regard.

Parliament rejects misuse claims against Speaker Jagath Wickramaratne

0

July 07, Colombo (LNW): The Parliament of Sri Lanka has firmly dismissed recent accusations directed at Speaker Jagath Wickramaratne, following claims submitted to the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) concerning alleged misuse of public resources.

In a detailed public statement, the parliamentary authorities refuted the charges, which included suggestions of excessive fuel use, unauthorised occupation of state property, and an inflated allocation of official vehicles. The statement aimed to clarify the Speaker’s entitlements and practices in response to growing speculation.

According to the official communication, Speaker Wickramaratne has voluntarily chosen to limit his entitlements, notably declining the open-ended fuel provisions reportedly enjoyed by some of his predecessors.

Instead, he has opted to receive the same monthly fuel quota provided to Cabinet Ministers—currently capped at 900 litres.

Addressing further points of contention, the statement explained that the Speaker is permitted two official vehicles for his use, while a separate van is assigned to his Media Unit to facilitate parliamentary communications.

Additionally, three members of his personal staff—a Private Secretary, a Coordination Secretary, and a Public Relations Officer—receive transport allowances and official vehicles as part of their professional responsibilities.

Court told settlement likely in case over local admissions to KDU medical programme

0

July 07, Colombo (LNW): A legal dispute concerning the exclusion of Sri Lankan students from the MBBS programme at the General Sir John Kotelawala Defence University (KDU) may soon reach an amicable resolution, the Supreme Court was informed today (07).

The development follows the university’s recent decision to resume admissions for local applicants, a move that could render the matter moot.

The case was initiated by a group of ten prospective medical students who had sought entry into KDU’s undergraduate medical programme. They filed a Fundamental Rights application challenging what they saw as an arbitrary and unjustified decision to deny local students the opportunity to enrol.

The petition named a range of officials and institutions as respondents, including the KDU administration, the University Grants Commission, and several senior government figures such as the Minister of Education, the Minister of Health, and the Prime Minister.

When the matter came before the Supreme Court, presided over by Chief Justice Murdu Fernando and Justices Mahinda Samayawardena and Menaka Wijesundara, legal counsel for the petitioners indicated that the basis of the petition may no longer exist, given the university’s reversal of its earlier stance.

Barrister Hafeel Farisz, appearing on behalf of the petitioners, informed the court that a settlement was under consideration and that his clients were in the process of reviewing the new developments. He added that a final position would be presented after obtaining formal instructions from the students involved.

The court was satisfied with the update and agreed to adjourn the matter until July 24, providing time for both parties to finalise their respective positions.

Legal representation for the petitioners included Hafeel Farisz, alongside Nishika Fonseka and Shannon Tillekeratne, instructed by Shayamalee Athukorale. Deputy Solicitor General Nirmalan Wigneswaran appeared on behalf of the KDU and other respondents.

Digital services of Election Commission temporarily halted

0

July 07, Colombo (LNW): The National Election Commission has temporarily shut down access to all its online platforms and digital services, citing the need for critical maintenance and system enhancement.

The suspension, which took effect today, will remain in place until further notice, according to an official statement released by the Commission.

As part of the temporary suspension, a wide range of public-facing digital tools—such as voter registry lookups, online registration for new voters, district-wise data retrieval, and the issuance of voter-related declarations—will be inaccessible.

Ex-Minister Duminda Dissanayake remanded further over discovery of gold-plated rifle

0

July 07, Colombo (LNW): Former Cabinet Minister Duminda Dissanayake has been ordered to remain in remand custody until July 15, following a court appearance earlier today (07) before the Mount Lavinia Magistrate.

The decision relates to an ongoing investigation into the startling discovery of a gold-plated T-56 assault rifle at a residential complex in the Havelock Town area of Colombo.

Dissanayake, who was arrested in late May, remains at the centre of a high-profile probe being conducted by the Terrorism Investigation Division (TID). His arrest on May 23 followed a raid carried out just days earlier, on May 20, when authorities uncovered the ornamental yet fully operational weapon concealed within a woman’s travel bag at the apartment building.

The weapon’s presence at the site, and the unusual nature of its lavish customisation, immediately raised questions regarding its ownership, origin, and purpose.

Whilst police have yet to publicly confirm how the weapon was linked to the former minister, investigators are reportedly pursuing several leads, including possible connections to illicit arms holdings and questions surrounding misuse of political influence.

Ex-Minister Tiran Alles targeted by overseas underworld threats

0

July 07, Colombo (LNW): Former Minister of Public Security Tiran Alles has reportedly been the target of serious death threats allegedly issued by a notorious criminal figure currently operating out of Dubai.

According to informed sources, the former minister received multiple threatening phone calls on July 05, believed to have originated from a leading figure in the organised underworld with known international ties.

Alles, who has played a central role in the government’s law enforcement and anti-organised crime efforts during his tenure, wasted no time in alerting authorities.

He formally lodged a complaint with the Acting Inspector General of Police, prompting immediate instructions for an in-depth investigation into the matter.

Veteran civil servant Bradman Weerakoon passes away at 94

0

July 07, Colombo (LNW): Bradman Weerakoon, one of Sri Lanka’s most respected and long-serving public servants, has died at the age of 94, his family confirmed.

Known for his extraordinary career in the upper echelons of government, Mr Weerakoon was a trusted advisor to numerous national leaders over the course of nearly five decades in public life.

With a reputation for discretion, diplomacy, and dedication, Weerakoon served as the secretary to a total of nine heads of government, including both prime ministers and presidents.

His civil service career spanned an era of profound political, economic, and social transformation in Sri Lanka, and his role often placed him at the heart of pivotal national decisions.

Educated first at Holy Cross College in Kalutara, Weerakoon later joined S. Thomas’ College, Gurutalawa, as one of its earliest boarders—a school that would later produce several key figures in Sri Lankan public life. He went on to read for a Bachelor of Arts in Economics and Sociology at the University of Ceylon, where he graduated with upper second-class honours. His academic talents earned him a prestigious Fulbright scholarship, allowing him to pursue postgraduate studies at the University of Michigan in the United States. There, he obtained a Master’s degree in Sociology, further broadening his global perspective and analytical insight.

Returning to Sri Lanka, Weerakoon entered the Ceylon Civil Service in 1954—a time when the country was still navigating its early post-independence years. His early postings took him across the island, giving him a deep understanding of the country’s regional complexities. He was later appointed as Secretary to Prime Minister Sir John Kotelawala, a role that would mark the beginning of his long association with the highest levels of government.

Over the ensuing decades, Weerakoon continued to serve successive leaders—seven prime ministers and three presidents in total—advising them through periods of both peace and turbulence. His ability to remain apolitical, while consistently offering sound and measured guidance, earned him respect across party lines.