Government lost Rs. 2 billion from Lotus Tower project: President

President Maithripala Sirisena yesterday said that while the opening of the Lotus Tower was a positive development for Sri Lanka there were governance concerns attached to the project as an estimated Rs. 2 billion loss was incurred to the Government due to an advance payment for the venture in 2012.




Questionable building deal: Prime Minister lays blame at Duminda’s feet

Prime Minister Ranil Wickremesinghe said yesterday that sending the agreement, signed between the Agriculture Ministry and D.P. Jayasinghe Company to shift the Ministry to a building owned by the Company at a total cost of Rs. 1.3 billion to the Attorney General’s Department for approval, was the responsibility of former Minister of Agriculture Duminda Dissanayake and that responsibility for Dissanayake’s action lay with the President.







UNP candidate should have support of broad social coalition – PM

The UNP presidential candidate cannot win the election with the support of the UNP vote base alone, but will definitely need the support of all other friendly forces in order to win, Prime Minister Ranil Wickremesinghe has told a group of civil society representatives supportive of the main government party.






Enter Karu Jayasuriya into UNP presidential race as “National candidate” to abolish Executive Presidency

The Speaker of Parliament and the United National Party’s one-time chairman, Karu Jayasuriya is expected to be proposed as a possible “National candidate” by an influential section of the party following party leader Prime Minister Ranil Wickremesinghe and Deputy Leader and Housing Minister Sajith Premadasa digging in to their position on the presidential ticket.