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
Sri Lanka Marxist party ready to change Constitution and economic system
-- [3 hours ago]
Sri Lanka to set up joint trade commission with Russia
-- [4 hours ago]
Sri Lanka election monitor receives over 400 complaints by end of campaigning for Uva PC
-- [5 hours ago]
China Merchants sign two agreements with Sri Lankan government to develop Phase 2 of Hambantota Port Development Project
-- [6 hours ago]
Sri Lanka donates one million medical gloves to Ebola-stricken countries
-- [7 hours ago]
Errant driver of Sri Lanka ruling party candidate surrenders to police
-- [7 hours ago]
Sri Lanka Cricket to select national coach by next week
-- [8 hours ago]
Maldivian President to arrive in Sri Lanka today on official visit
-- [8 hours ago]
Sri Lanka targets 8.2 percent economic growth in next year budget
-- [8 hours ago]
Tamil Nadu fishermen go on indefinite fast demanding Sri Lanka to release colleagues
-- [9 hours ago]

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.