Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Speaker of Sri Lanka parliament disallows opposition MP's adjournment motion
Wed, Oct 10, 2012, 08:36 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 10, Colombo: Speaker of the Sri Lankan parliament Chamal Rajapaksa has disallowed the adjournment motion by a main opposition United National Party (UNP) parliamentarian from being debated in the House today.

UNP parliamentarian Dr. Harsha de Silva was to move an adjournment motion in parliament today to debate the investment of country's reserve money in Greek Bonds which has resulted heavy losses.

Leader of the House, Minister Nimal Siripala de Silva has objected to the moving of the motion.

De Silva has pointed out that UNP parliamentarian Sujeewa Senasinghe has filed a case before the Supreme Court on the matter and debating the motion on the matter in parliament would therefore be sub judice.

Speaker Rajapaksa has finally announced that the debate on the Greek Bond transaction could not be allowed.

The government in 2011 has lost US$ 6.6 million from the investment in Greek bonds. The Central Bank however, said the investments in Greek Bonds were a small fraction of its total Europe portfolio and the loss of the Greek bonds was comfortably offset by higher returns from other investments.



ColomboPage - Recent 10 Stories
US-Sri Lanka Joint Action Plan to expand trade, encourage FDI, and spur growth
-- [19 minutes ago]
Sri Lanka secures three-year US$ 1.5 billion fund facility from IMF
-- [1 hour and 10 minutes ago]
Former President calls on people to rise up against 'unreasonable tax increases' after May Day
Media Minstry Secretary advises media against using 'joint opposition' to represent group of MPs
Joint opposition is created to destroy SLFP - Minister Arjuna Ranatunga
Sri Lanka, India navies hold 26th IMBL meeting aboard Sri Lankan naval ship
Sri Lanka's investment agency signs 19 agreements worth US$ 139 million in March 2016
Japan and Sri Lanka ink MoU for international academic research cooperation
UNESCAP recommends tax reforms and expenditure rationalization to improve Sri Lanka's fiscal condition
President appoints 11 new SLFP electorate and district organizers

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.