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Concerns mount over transparency of reports on Easter Sunday Attacks following Gammanpila’s claim

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By: Isuru Parakrama

October 22, Colombo (LNW): Concerns have arisen regarding the transparency surrounding the dissemination of sensitive reports related to the 2019 Easter Sunday attacks, according to attorney-at-law Manoj Nanayakkara.

Addressing the issue, Nanayakkara emphasised that these documents are not ordinary reports but involve crucial information concerning the lives of the victims affected by the tragedy.

“The integrity of the committee responsible for investigating the Easter Sunday attacks is now being questioned,” Nanayakkara stated, suggesting that the process by which these reports reached figures like Udaya Gammanpila was highly dubious.

Nanayakkara stressed that the pursuit of truth has always been the central aim, dismissing any exploitation of the victims’ suffering. However, he asserted that certain factions are deliberately obstructing the investigation to prevent the truth from emerging.

He went on to highlight that two significant groups appear to be resisting the full uncovering of facts: those directly responsible for orchestrating the attacks and individuals who have gained personal advantages or privileges in the aftermath.

Nanayakkara added, “This government was elected on the promise of exposing the truth behind the Easter Sunday attacks, and we have no intention of allowing this matter to be reduced to an empty policy statement by future governments.”

The debate surrounding the appointment of Shani Abeysekara also featured prominently in Nanayakkara’s remarks. Some have questioned whether Abeysekara’s reappointment was politically motivated.

However, Nanayakkara firmly defended Abeysekara’s credentials, stating, “Shani has never been involved in political activities during his time in office. He is an exceptional officer who has uncovered numerous serious crimes in this country. His imprisonment for ten months, a result of political vendettas, was unjust. His expertise in crime prevention is undeniable, and using his skills should not be questioned.”

Nanayakkara also expressed disappointment with the police administration’s handling of the situation, particularly the performance of Senior Deputy Inspector General Deshabandu Tennakoon.

“When we met with the Inspector General of Police (IGP), we inquired whether Tennakoon’s achievements were as significant as claimed. However, no clear response was provided. We believe that Tennakoon has left the police administration in disarray,” Nanayakkara concluded.

SL’s Financial Sector set for growth amid economic recovery and easing conditions: Fitch

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October 22, Colombo (LNW): Sri Lanka’s finance and leasing companies (FLCs) are poised to benefit from the country’s improving economic landscape, with declining inflation and lower interest rates contributing to a more favourable outlook for the financial year ending in March 2025 (FY25), according to a recent Fitch Ratings report.

This recovery signals a positive turn for the sector, which is projected to see stronger performance after several challenging years.

One key factor behind the expected growth in the sector is the gradual relaxation of vehicle import restrictions, which have been in place since 2020 to preserve Sri Lanka’s foreign exchange reserves.

With these restrictions easing, demand for vehicle financing is set to increase, bolstering loan growth across the FLC sector. After six quarters of economic contraction, the nation saw growth return in the fourth quarter of 2023.

As inflation rates fall and interest rates return to more manageable levels, economic activity has begun to revive, further fuelling demand for credit.

The FLC sector is expected to witness a 9.6% year-on-year increase in loan growth during the first quarter of FY25, driven primarily by vehicle financing.

Fitch Ratings also highlighted improvements in asset quality within the sector, attributing this to recovering borrower repayment capacity and a more focused approach to loan recoveries.

By the end of the first quarter of FY25, the sector’s 90-day non-performing loan (NPL) ratio had improved to 13.6%, down from 17.8% at the close of December 2023.

This reflects the overall stabilisation of the economy, as more borrowers are able to meet their repayment obligations.

Profitability for FLCs is set to increase as a result of lower funding and credit costs, with Fitch projecting a rise in return on assets to 5.5% for FY24, compared to 3.0% in FY23.

This rebound is expected to strengthen the financial performance of companies within the sector, marking a sharp contrast to previous years of uncertainty and higher operational costs.

However, Fitch also urged caution, noting that Sri Lanka’s economic recovery remains delicate and heavily reliant on the continued success of its reform programme.

Any major setbacks in the implementation of these reforms could have adverse effects on the sector’s growth, asset quality, and overall earnings.

The credit ratings of individual entities within the sector will be influenced by both their standalone credit profiles and the level of external support, as well as their performance relative to other rated entities within Sri Lanka.

SL confirms support for UN Chief amidst Israeli criticism

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By: Isuru Parakrama

October 22, Colombo (LNW): The Ministry of Foreign Affairs has firmly dismissed media claims suggesting that Sri Lanka refrained from backing a joint statement in support of the United Nations Secretary General, following Israel’s decision to designate him “persona non grata.”

In an official statement released on Monday (21), the Ministry clarified that it had formally expressed its intent to be a signatory to the letter supporting the Secretary General.

This was communicated via a Note Verbale, dated October 11, 2024, to the Permanent Mission of Chile in New York, which coordinated the joint letter.

The Ministry reiterated Sri Lanka’s consistent advocacy for the Palestinian cause, emphasising the nation’s long-standing solidarity with the Palestinian people.

Sri Lanka has frequently raised concerns about the severe humanitarian crisis unfolding in Gaza and has consistently backed calls for an immediate ceasefire in international forums.

The statement also underscored the country’s continued support for vital humanitarian efforts in the Occupied Palestinian Territories, particularly through its contributions to the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).

Furthermore, Sri Lanka condemned a recent attack on UNIFIL headquarters in Naqoura, South Lebanon, where two Sri Lankan peacekeepers were injured, stressing the importance of safeguarding UN personnel and facilities.

Foreign Minister Vijitha Herath, addressing the diplomatic corps in Colombo on October 14, highlighted the global responsibility to ensure the security of UN staff and the inviolability of UN premises.

He emphasised Sri Lanka’s role as the Chair of the UN Special Committee to Investigate Israeli Practices, established in 1968, which monitors human rights issues concerning Palestinians and other Arab populations in the Occupied Territories.

In light of these commitments, Sri Lanka confirmed its full support for the joint letter, defending both the UN Secretary General and the broader UN mandate in the face of recent criticisms.

SL introduces new ‘P’ series passports with enhanced security and modern design

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October 22, Colombo (LNW): The Sri Lankan Department of Immigration and Emigration has begun issuing its new ‘P’ series passports, which come with advanced security features and a sleek, updated design.

This marks the replacement of the older ‘N’ series passports, as the stocks of the maroon-coloured travel documents have nearly been depleted.

As of today, approximately 1,100 machine-readable passports were issued under the department’s one-day service. The new ‘P’ series passport, now in a navy blue cover, will be available for those applying through this expedited service.

One of the significant changes in the new passports is the reduction in pages, with the new model containing 48 pages compared to the previous 64. This sleeker design is paired with cutting-edge security features, ensuring greater protection for travellers.

Despite the adjustments, the new documents remain fully compliant with international standards for machine-readable passports.

The production and supply of these new passports are being managed by Thales DIS Finland Oy, a trusted Finnish provider of passports, ID cards, and other official documents.

The Finnish company won the tender to supply 750,000 machine-readable passports to Sri Lanka after the original plan to purchase five million e-passports was temporarily halted by a Court of Appeal ruling, which is expected to be addressed by November 06.

According to Public Security Minister Vijitha Herath, the first batch of 47,500 ‘P’ series passports was scheduled for arrival between 15 and 20 October, whilst a second consignment of 100,000 will follow by the end of November.

The final remaining stock of the older ‘N’ series passports, around 1,200 in total, will be distributed to applicants who had previously requested passports under the regular service, which costs Rs. 10,000.

Sri Lanka to exit IMF surcharge list following lending reforms

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October 22, Colombo (LNW): Sri Lanka is set to be removed from the International Monetary Fund’s (IMF) list of countries facing additional borrowing costs, as the IMF introduces significant reforms to its lending policies.

These changes, which come into effect on November 01, 2024, will relieve Sri Lanka and seven other nations from the burden of surcharges.

The IMF recently reached an agreement among its member states on a comprehensive reform package aimed at reducing the financial strain on borrowing nations while ensuring the institution’s capacity to continue supporting countries in need.

The changes are part of the IMF’s Review of Charges and Surcharge Policy, which the Executive Board concluded earlier this year.

Sri Lanka, alongside 21 other heavily indebted countries, had been subject to the IMF’s surcharge policy since 2023.

These surcharges are imposed on nations whose borrowing exceeds certain thresholds, adding additional costs to their loans. Previously, Sri Lanka was facing surcharges that could have totalled approximately $308 million over the next decade, as projected by the Centre for Economic and Policy Research.

These fees, which make up around 15.8 per cent of the country’s total IMF charges and interest payments, were seen as a significant financial burden.

As of this year, Sri Lanka had already paid over $1.4 million in surcharges, in addition to other charges totalling $73 million.

However, with the upcoming reforms, the threshold for surcharges will be raised, from 187.5 per cent to 300 per cent of a country’s IMF quota.

This means that Sri Lanka, along with nations such as Georgia, Côte d’Ivoire, and Suriname, will no longer be required to pay these additional fees, as their outstanding credit will fall below the new threshold.

The IMF explained that of the 52 countries currently borrowing from its General Resources Account, 19 had been subject to surcharges. After the reforms take effect, this number is expected to drop to 11, providing relief to eight countries, including Sri Lanka.

The adjustments are part of a broader effort by the IMF to ease the financial pressure on indebted nations, allowing them to focus more on economic recovery and development.

Sri Lanka’s credit standing with the IMF, which stood at 331.3 per cent of its quota by the end of July 2024, had placed the country firmly in the surcharge bracket.

However, with the new reforms in place, Sri Lanka is expected to benefit significantly from the removal of these surcharges, allowing for greater fiscal flexibility in managing its economic recovery.

For fiscal year 2026, the IMF had previously estimated that 20 nations would be subject to surcharges, but following the reforms, this number is expected to decrease to just 13.

Catholic Church rejects Gammanpila’s allegations in Easter Sunday Commission Report

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October 22, Colombo (LNW): The Catholic Church is set to formally denounce recent allegations against two government officials, as revealed in the Presidential Commission’s report on the Easter Sunday attacks, disclosed by former MP Udaya Gammanpila.

An official statement is expected from the Church today (22), addressing both the report and accusations made against Cardinal Malcolm Ranjith.

The Archdiocese of Colombo’s Director of Communications, Fr. Cyril Gamini Fernando, confirmed the Church’s position, stating, “We will release an official statement today, outlining our response to the Presidential Commission’s findings and the claims made by Mr. Gammanpila against Cardinal Ranjith.”

Despite the anticipated statement, the Archbishop of Colombo, His Eminence Cardinal Malcolm Ranjith had already refuted the accusations during a sermon on Sunday, particularly regarding the allegations involving two state officials.

The Cardinal expressed his dismay, highlighting what he perceived as an attempt to distort the facts.

He criticised the actions of certain individuals who had remained silent but had recently begun discussing the Easter Sunday attacks, turning themselves into “overnight heroes.”

“The committee tasked with reviewing the Presidential Commission’s report deliberately implicated two current government officials to mislead the public,” the Cardinal stated during a sermon at Hapugoda.

He voiced frustration over the manipulation of information, which he believes was intended to distract from uncovering the full truth behind the 2019 attacks.

Cardinal Ranjith remains resolute in his pursuit of justice for the victims of the Easter Sunday bombings, stressing that the Church will continue its efforts to discover who supplied arms to the perpetrators and how they were trained in explosives.

“We will not rest until we find out why prior warnings were ignored, and those responsible for fleeing the country after receiving such warnings will be held accountable as well,” he emphasised.

In his remarks, the Cardinal also noted that the victims of the attacks included individuals from diverse religious backgrounds, including Buddhists and Muslims, further underlining the tragedy’s broader impact on Sri Lankan society.

Candidate expenditure reports for 2024 Presidential Polls released

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By: Isuru Parakrama

October 22, Colombo (LNW): The Election Commission has announced that certified copies of the Election Expenditure Reports from candidates who participated in the 2024 Presidential Election are now accessible for public inspection.

These documents, submitted by the candidates, political party secretaries, and relevant coordinating voters, have been prepared in compliance with the Election Expenditure Act No. 3 of 2023.

In line with Section 03 of the Act, the reports provide a detailed account of the financial activities undertaken by each candidate during their campaigns, ensuring adherence to spending limits and promoting transparency in the electoral process.

From 24 October 2024, the public will be able to review these reports on weekdays between 9:00 a.m. and 4:00 p.m. at specified locations.

By facilitating access to this information, the Election Commission aims to reinforce accountability amongst candidates and political parties, ensuring that all expenditure is in line with the stipulated regulations.

Postal Voting for General Election 2024: Over 20k applications rejected

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October 22, Colombo (LNW): 21,160 postal voting applications have been rejected out of the total of 759,210 for the upcoming General Election, the Election Commission said.

Commission Chairman R.M.A.L. Ratnayake revealed that the process of accepting postal voting applications has now been completed, adding that an increase of 25,731 postal votes compared to the recent Presidential Election is recognised, bringing the total number of accepted votes to 738,050.

He added that the delivery of ballot papers for postal voting will commence tomorrow (23), with the official ballot papers being expected for release on October 26.

Arrangements have been made to allocate airtime for the candidates tomorrow at the Colombo District Secretariat Auditorium, and authorised representatives of all political parties and independent groups have been informed in this regard, Ratnayake further noted.

Sri Lanka Original Narrative Summary: 22/10

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  1. President Anura Kumara Dissanayake instructs the Attorney General to intervene in addressing allegations and Fundamental Rights cases against law enforcement officers tackling the underworld: This followed a request from security chiefs during a National Security Council meeting, where it was revealed that pending cases against officers, particularly from the Special Task Force, hinder anti-underworld operations, prompting the need for urgent action.
  2. Actress turned political activist Damitha Abeyratne announces her resignation from the Samagi Jana Balawegaya (SJB) and joins the Democratic National Alliance (DNA), which is contesting the upcoming general election: cited dissatisfaction with SJB leader Sajith Premadasa, claiming he did not uphold her democratic rights after her name was controversially removed from the SJB’s candidate list for the Ratnapura district.
  3. SLPP former MP Rohitha Abeygunawardena declares he would withdraw from politics and resign from his candidacy in the upcoming elections if allegations regarding seized vehicles are proven against him: denies involvement with the vehicles confiscated by the Kandy Criminal Investigation Bureau from his son-in-law’s residence, accusing the claims of being part of a smear campaign.
  4. Former MP Udaya Gammanpila calls for the immediate removal of Ravi Seneviratne from his post as Secretary to the Ministry of Public Security, accusing him of being implicated in reports on the Easter Sunday attacks: criticises the government for concealing information and threatens to release the documents if the President failed to act: vows an impeachment will be brought upon President Anura Kumara Dissanayake, if he fails to publicly apologise for concealing these documents.
  5. The Ministry of Foreign Affairs refutes reports that Sri Lanka did not sign a joint letter supporting the UN Secretary General: confirms Sri Lanka expressed its desire to be a signatory and reiterated its support for the Palestinian cause: The statement highlighted Sri Lanka’s advocacy for a Gaza ceasefire, UN humanitarian efforts, and the safety of UN personnel.
  6. Sri Lanka’s inflation rate, measured by the National Consumer Price Index (NCPI), dropped to -0.2% in September 2024 from 1.1% in August: Food inflation also decreased to 0.5% from 2.3%: The NCPI stood at 203.1 in September, marking a 1.0 index point decline: Non-food inflation also fell, with the report indicating reduced spending in the “market basket.”
  7. The Department of Immigration and Emigration begins issuing the new ‘P’ series passports, featuring enhanced security measures and a navy blue cover: Around 1,100 passports were issued under the one-day service, replacing the exhausted stocks of the maroon ‘N’ series: The new machine-readable passports offer a refined look and improved safety features.
  8. The Supreme Court will review a petition today (22) from the Democratic National Alliance seeking to overturn the rejection of their Vanni District nomination paper for the 14 November parliamentary elections: The petition was filed by party representative Pararajasingham Udayarasa: The court, led by Justices Surasena, Gunaratne, and Obeysekera, granted time for the Election Commission to provide details.
  9. The Election Commission rejects 21,160 postal voting applications out of 759,210 submitted for the 2024 General Election: Commission Chief R.M.A.L. Rathnayake notes 738,050 applications were accepted, a 25,731 increase from the recent presidential election: Postal ballot paper delivery begins on 23 October, with official ballots released on 26 October: Candidates will receive airtime allocations soon.
  10. A post-mortem on the bodies found in a burnt house in Chilaw revealed that the deceased mother and daughter had their throats slit before being set on fire: Conducted by Specialist Judicial Medical Officer I.M. Ilangarathna Banda, the examination determined the cause of death as severe blood loss: The father’s post-mortem examination remains ongoing.

Showery, thundershowery conditions to persist across island (Oct 22)

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By: Isuru Parakrama

October 22, Colombo (LNW): Showers or thundershowers will occur at times in Western, Sabaragamuwa, Southern, North-western and Northern provinces and in Kandy and Nuwara-eliya districts, with fairly heavy showers above 50 mm expected to occur at some places in Western, Sabaragamuwa, Southern and Northern provinces, the Department of Meteorology said in its daily weather forecast today (22).

Showers or thundershowers will occur at several places in the other areas of the island during the evening or night and fairly heavy showers above 75 mm are likely at some places.

The general public is kindly requested to take adequate precautions to minimise damages caused by temporary localised strong winds and lightning during thundershowers.

Marine Weather:

Condition of Rain:
Showers or thundershowers will occur at several places in the sea areas around the Island.
Winds:
Winds will be South-westerly in the sea areas around the island and wind speed will be (25-35) kmph. Wind speed can increase up to (40-45) kmph at times in the sea areas off the coasts extending from Hambantota to Pottuvil.
State of Sea:
The sea areas off the coasts extending from Hambantota to Pottuvil can be fairly rough at times. The other sea areas around the island can be slight to moderate. Temporarily strong gusty winds and very rough seas can be expected during thundershowers.