By: Staff Writer
October 27, Colombo (LNW): Sri Lanka Customs, following a directive from the Court of Appeal, is set to expedite the release of a large number of vehicles imported under cross-border Letters of Credit (LCs) that have been held up for months due to ongoing legal and procedural issues. The decision, reached earlier this week, aims to resolve a growing backlog of imported vehicles stranded at ports, many deteriorating due to prolonged exposure to the elements.
The matter was heard before Court of Appeal President Justice Rohantha Abeysuriya and Justice Priyantha Fernando in case number CA Writ 847/25. During proceedings, Additional Solicitor General (ASG) Sumathi Dharmawardena, appearing for the State, informed the court that directives had been issued to the Director General of Customs and other authorities to expedite the release process. This would be done under strict conditions importers must provide personal guarantees and undertakings to the Court and Sri Lanka Customs to ensure payment of any applicable surcharges or duties once determined.
Counsel Nishan Sydney Premathiratne, representing a personal vehicle importer, told the court that his client was prepared to provide such a guarantee to facilitate the release of his vehicle. He argued that the vehicle had been exposed to weather and risk of damage for months, raising serious security and financial concerns. The Court recorded his client’s undertaking to submit a personal guarantee for any surcharge sum stipulated by Customs, without prejudice to his client’s ongoing legal rights.
Premathiratne further undertook that his client would refrain from registering the vehicle until a court order or settlement is reached. Following this, the Court of Appeal permitted other petitioners with similar cases to file corresponding undertakings, enabling authorities to begin processing their Customs Declarations (CUSDECs) for release.
ASG Dharmawardena also revealed that a Gazette notification related to the issue and applicable surcharges would be published by October 24, signaling the government’s move to regularize these cross-border LC transactions and prevent future disputes. Most related cases have been fixed for hearing on November 12.
The petitioners were represented by President’s Counsels Ikram Mohamed, Sanjeewa Jayawardene, and Faizer Mustapha, among others, while the State was represented by ASG Dharmawardena, Deputy Solicitor General Chaya Sri Nammuni, and State Counsel Rajika Aluwihare.
The case has broader implications for Sri Lanka’s import sector, which continues to face turbulence following years of restrictions on vehicle imports due to foreign exchange shortages. Customs has also been tightening scrutiny on cross-border transactions and discrepancies in vehicle declarations to curb potential fraud. The expeditious resolution of these disputes could provide temporary relief for importers, while the upcoming Gazette is expected to define clearer procedures for future imports under non-traditional LCs.
Court Orders Fast-Track Release of Held-Up Imported Vehicles
COPE Exposes LTL’s Shadowy Share Deals and CEB Links
By: Staff Writer
October 27, Colombo (LNW): The Committee on Public Enterprises (COPE) yesterday exposed serious concerns over the ownership structure and share allocations at Lanka Transformers Limited (LTL), a company originally created under the Ceylon Electricity Board (CEB) to support power sector operations but now operating as a privately held entity. The revelations have reignited debate over the blurred lines between state-owned and privatized enterprises in Sri Lanka’s energy sector.
LTL, incorporated in 1980, was formed as a joint venture between the CEB, which initially held a 70% stake, and a Scottish engineering firm owning the remaining 30%. Although established to manufacture transformers and electrical equipment for national utility projects, the company gradually transformed into a semi-private entity—raising questions about how public assets shifted into private hands over the decades.
COPE’s inquiry followed an earlier session in September, where concerns were raised about LTL’s connection to the CEB and the lack of transparency in its shareholding. The committee summoned LTL’s management to clarify how a portion of shares—originally allocated for employee welfare ended up being distributed among senior officials rather than the broader workforce.
During the hearing, COPE members questioned how 76% of the company’s shares, held under a trust, were transferred to 15 individuals, effectively consolidating control in a small group. LTL CEO Nuhuman Marikkar defended the distribution, claiming it was done legally at the company’s inception and that dividends have been consistently paid to these shareholders, including Chief Technology Officer H.D. Chaminda.
However, COPE members expressed strong concern that dividends from these shares were not returning to the public purse, despite LTL’s heavy dependence on CEB contracts and state resources. Given the company’s investments exceeding Rs. 10 billion, committee members demanded to know why public oversight mechanisms such as government audits—no longer apply to an entity originally established using public funds.
A tense moment arose when MP Chaminda Wijesiri questioned COPE’s authority to summon a private company. COPE Chairman Dr. Nishantha Samaraweera responded firmly, stating that LTL was being examined because of its direct link to CEB operations and public funds, adding that “when taxpayer money is involved, COPE has a duty to ensure accountability.”
The latest revelations have added fuel to ongoing controversy over the silent privatization of CEB-affiliated entities, where control gradually shifts to private hands without explicit government approval or parliamentary scrutiny. Analysts warn that such opaque transitions undermine public accountability and weaken the state’s control over critical infrastructure.
As COPE continues to probe LTL’s structure and funding, the investigation could set a crucial precedent for how quasi-private entities with state origins are governed potentially forcing a broader review of hybrid companies operating under the guise of privatization.
Police Chief Warns of Criminal Networks Seeking Entry into Politics
October 27, Colombo (LNW): Inspector General of Police (IGP) Priyantha Weerasuriya, has cautioned that figures associated with organised crime and drug trafficking are making concerted efforts to infiltrate the nation’s political arena.
Weerasuriya revealed that certain individuals with such backgrounds have already entered political circles and are positioning themselves to contest in forthcoming national elections.
He urged political parties to take immediate responsibility in addressing this concern, stressing the importance of carefully considering whether individuals with criminal affiliations should be granted party membership or nominations.
“This is not an issue confined to one political faction,” he remarked, calling for transparency, accountability, and collective action across all political movements.
The Police Chief further warned that these elements seek to exploit political authority as a means to legitimise their illegal enterprises, disguising their criminal activities behind a façade of public service.
“They present themselves as virtuous, yet their actions are anything but. Their true intent is to use politics as a cover for narcotics and organised crime,” Weerasuriya stated.
C.W. Mackie PLC Partners with the World’s Largest Bearing Manufacturer, SKF
By – Rashika hennayake
October 27, Colombo (LNW):
C.W. Mackie PLC, one of Sri Lanka’s leading and most diversified conglomerates, has entered into a landmark partnership with SKF, the world’s largest bearing manufacturer, to become its authorised distributor in the country. The announcement was made at a grand ceremony in Colombo on 10th October, attended by the senior management of both C.W. Mackie PLC and SKF India (Industrial) Limited. The collaboration unites two companies with strong legacies of trust, innovation, and international recognition.
The partnership further strengthens C.W. Mackie’s Industrial Products Cluster, complementing its existing collaborations with renowned global brands such as Danfoss (Denmark), Bitzer (Germany), Frascold (Italy), Telwin (Italy), Cebora (Italy), Chosun (South Korea), Castolin Eutectic (Europe), and Hempel Paints (Denmark). Founded in 1907, SKF operates in approximately 130 countries and has more than 17,000 distributor locations worldwide. As a pioneer in bearing technology, SKF has been making some of the world’s most innovative bearings, seals, lubrication systems, condition monitoring solutions, and services to reduce friction. It is one of Sweden’s largest companies and among the world’s top corporations, recognised for bearing technology and advanced industrial solutions.
“This collaboration marks a significant milestone for both companies and for Sri Lanka’s industrial landscape,” said Mr Mangala Perera, Director/Group Chief Operating Officer of C.W. Mackie PLC. “As SKF’s authorised distributor, we are proud to provide our customers with access to the world’s most advanced bearing solutions. This partnership not only strengthens our commitment to delivering high-quality, reliable products but also reinforces our mission to empower industries across Sri Lanka with innovative, world-class technologies.”
As part of the launch, SKF has also introduced a dedicated mobile application in Sri Lanka, allowing customers to instantly verify product authenticity and detect counterfeit items. This initiative underscores the commitment of C.W. Mackie and SKF to protecting customers, safeguarding industries, and ensuring that only genuine products reach the market.
“We are delighted to partner with C.W. Mackie PLC, a company with a long-standing legacy of trust and excellence in Sri Lanka,” said Mr Sujeeth Pai, Director for Industrial Markets, SKF India. “This partnership underscores the importance of authentic industrial distribution, ensuring that customers have access to genuine SKF products backed by reliable technical support. Together, we are committed to empowering industries and enhancing operational efficiency.”
C.W. Mackie PLC’s Industrial Products Cluster represents a diverse portfolio of world-renowned brands across multiple industries. Its Refrigeration and Air Conditioning Division is the exclusive distributor for brands like Danfoss (Denmark), Bitzer (Germany), Frascold (Italy), Roller (Germany), KD (Korea), Insulflex (Malaysia), Aerofoam (UAE), and Jintian and Hongtai Copper (China).
The Lightweight Machinery and Welding Electrodes Division serves as an authorised distributor for Cebora (Italy), Telwin (Italy), Chosun (South Korea), and Castolin Eutectic (Europe), delivering welding electrodes, MIG / TIG equipment, plasma cutters, and rock drilling tools. Since 2008, the company has also been the exclusive distributor of Hempel Paints (Denmark), supplying high-performance marine and protective coatings to both international and local shipping companies, as well as to the power, petrochemical, infrastructure, and construction sectors.
With SKF joining its network, C.W. Mackie PLC not only expands the range of solutions available to Sri Lanka’s industrial and engineering sectors but also strengthens its position as a cornerstone of reliability and innovation. This collaboration promises improved operational performance, wider access to cutting-edge technologies, and enhanced support for industries nationwide, further cementing its legacy as a trusted partner for over 125 years.
About SKF
Since 1907, SKF has been making some of the world’s most innovative bearings, seals, lubrication systems, condition monitoring solutions, and services to reduce friction. Less friction means more energy saved and by reducing it, we make industry smarter, more competitive, and more energy efficient, building a more sustainable future where we can all do more with less. SKF is represented in approximately 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2024 were SEK 98,722 million and the number of employees was 38,743. www.skf.com
® SKF is a registered trademark of the SKF Group.
Image Caption:
(Second from right) Mr. Hemaka Amarasuriya (Chairman/CEO of C.W. Mackie PLC), and (Extreme right) Mr. Mangala Perera, (Executive Director – Group / Chief Operating Officer of C.W. Mackie PLC), receiving the symbolic memento to mark the occasion from (Second from left) Mr. Sujeeth Pai, Director ( Industrial Market (India) and Head – Commercial Excellence, ISEA Industrial Business of SKF). (Extreme left) Mr. Chetandeep Singh (National Sales Head – India, Bangladesh, Sri Lanka & Nepal – Industrial Business of SKF).
SLBFE Marks 40 Years with Commemorative Stamp, Reaffirms Commitment to Migrant Workers
October 27, Colombo (LNW): The Sri Lanka Bureau of Foreign Employment (SLBFE) celebrated its 40th anniversary today (27) with the release of a special commemorative stamp, recognising the significant economic contributions of Sri Lankans working overseas.
Foreign Minister Vijitha Herath highlighted the government’s ongoing commitment to safeguarding the welfare of migrant workers, reaffirming SLBFE’s promise to prioritise their rights and support.
He outlined plans for a dedicated contributory pension scheme for expatriates, aimed at ensuring long-term financial security for those working abroad.
Herath also reiterated the government’s pledge to extend voting rights to Sri Lankans overseas, allowing them to participate fully in the country’s democratic processes.
Acknowledging previous challenges within the foreign employment sector, the Minister noted that recent legal interventions and arrests have addressed past mismanagement and helped restore confidence in the system.
Deputy Minister Issues Legal Notice Over Alleged Defamatory YouTube Claims
October 27, Colombo (LNW): Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe has served a Letter of Demand to Waruna Rajapaksha concerning statements made on a YouTube channel, which are alleged to be defamatory regarding a distillery licence.
According to a statement from the Deputy Minister’s Office, the online content contained false claims targeting Deputy Minister Abeysinghe, prompting the legal notice as a means to seek redress for reputational harm.
The dispute centres on recent reports suggesting that Deputy Minister Abeysinghe, along with MP Najith Indika, met a businessman at the Kingsbury Hotel to discuss matters related to a distillery licence under allegedly irregular circumstances.
‘Amber’ Alert Issued for Strong Winds Across Several Sri Lankan Provinces
October 27, Colombo (LNW): The Department of Meteorology has issued an ‘Amber’ advisory warning of gusty winds affecting multiple regions of Sri Lanka.
The alert, released at 8.30 a.m. today (27), will remain in effect for the next 24 hours until 8.30 a.m. on Tuesday (28).
The advisory covers the Western, Sabaragamuwa, Central, Southern, Northern, North-central, and North-western provinces, as well as the districts of Trincomalee and Batticaloa.
Residents in these areas are likely to experience wind speeds reaching 50–60 km/h at times, influenced by the cyclonic storm “Montha” currently located to the northeast in the Bay of Bengal.
Authorities have urged the public to exercise caution and take necessary measures to reduce potential damage from the strong winds.
Jaffna Ranked Among World’s Top 25 Travel Destinations for 2026 by Lonely Planet
October 27, Colombo (LNW): Jaffna has earned a coveted spot on Lonely Planet’s list of the Top 25 Best Places to Visit in 2026, placing the northern Sri Lankan city alongside some of the world’s most celebrated destinations.
Renowned for its deep-rooted cultural heritage and unique character, Jaffna has seen a surge in visitor numbers in recent years, establishing itself as one of Sri Lanka’s most distinctive travel experiences. Its inclusion in the global travel guide highlights the nation’s historical and cultural richness while reinforcing efforts to position Sri Lanka as a premier international tourism hotspot.
The announcement was made through Lonely Planet’s Best in Travel 2026, an annual publication that showcases 25 of the most inspiring destinations and experiences around the globe. The guide, brought to life through vibrant photography and local insights, offers curated recommendations from the travel brand’s expert team.
Founded in 1970, Lonely Planet remains one of the most respected names in global travel media, with more than 150 million guidebooks sold worldwide and a significant digital audience.
Other destinations featured alongside Jaffna include Peru, Cádiz, Botswana, Finland, Mexico City, and the Solomon Islands — further placing the Sri Lankan city in an elite league of must-visit locations for global travellers in the coming year.
Kuwait Airways Resumes Flights to Sri Lanka After Four-Year Break
October 27, Colombo (LNW): Kuwait Airways recommenced its services to Sri Lanka today (27), marking the end of a four-year suspension.
The airline’s A320 Neo aircraft touched down at Katunayake International Airport at 8.40 a.m., arriving from Kuwait City, and was greeted with a ceremonial water salute to mark the occasion.
The inbound flight carried 94 passengers and six crew members, while the return journey to Kuwait City departed an hour later with 105 passengers and the same crew complement.
The event was attended by Sunil Jayaratne, Chairman of the Civil Aviation Authority of Sri Lanka, Kuwait’s Acting Ambassador to Sri Lanka, Al Muhana, and several representatives from the aviation sector.
Regular operations between Kuwait City International Airport and Katunayake are now scheduled to take place four times a week — on Mondays, Thursdays, Fridays, and Saturdays — reinstating a key air link between the two nations.
Rumesh Tharanga Crowned Best Male Athlete at South Asian Championships
October 27, Colombo (LNW): Sri Lankan javelin thrower Rumesh Tharanga was named Best Male Athlete at the fourth South Asian Athletics Championships, which concluded in Ranchi, India, last evening.
Tharanga delivered an outstanding performance in the men’s javelin final, securing the gold medal with a remarkable throw of 84.29 metres.
Fellow Sri Lankan Sumedha Ranasinghe earned the silver medal with a throw of 81.62 metres, while India’s Uttam Patil took bronze with a mark of 76.30 metres.
India emerged overall champions of the tournament, collecting 20 gold medals to lead the standings. Sri Lanka followed closely in second place with a strong showing — 16 gold, 14 silver, and 10 bronze medals — underscoring the nation’s continued excellence in athletics across the region.