Colombo (News1st): Dr. Nalaka Godahewa, a controversial figure involved with various alleged malfeasance was appointed as the chairman of Sri Lanka Insurance Corporation on Wednesday (November 21). This appointment comes at a time when he is out on bail over financial fraud allegations. It is a k...

Colombo (News1st) - Former Chairman of SriLankan Airlines, Nishantha Wickremesinghe provided a statement to the CID Unit of the Presidential Commission of Inquiry looking into irregularities at SriLankan Airlines and Mihin Lanka this morning (Aug 23rd) Former CEO of SriLankan Airlines Kapila Chan...

COLOMBO (News 1st) - It was revealed before the Presidential Commission of Inquiry that Sri Lankan Airlines was compelled to reveal their trade secrets to Kuma Stickers Pvt Ltd. The then Manager of Advertising informed the commission on Thursday (July 19th) that former CEO Kapila Chandrasena had ...

COLOMBO (News 1st) - It was revealed at the at the Presidential Commission of Inquiry on Wednesday (July 18th) that the former CEO of SriLankan Airlines Kapila Chandrasena, instructed the Advertising Manager in 2011 to select Kuma Stickers Pvt Ltd as the supplier of advertising space for the nationa...

COLOMBO (News 1st) - It has been revealed that Mihin Lanka Private Limited enjoyed BOI benefits in an apparently illegal manner. The Executive Director for Project Monitoring at the Board of Investments Renuka Weerakoon testified before the Commission today. She was questioned on the letter sent ...