Urgent.News

What's breaking now, across thousands of outlets.

World

Probe into Sasheendra’s alleged involvement in Moneragala tank ‘treasure hunt’

An investigation would be launched to determine whether former State Minister of Water Supply and Irrigation Sasheendra Rajapaksa was involved in demolishing a tank bund in Monaragala in an alleged search for treasure, Deputy Irrigation Minister Aravinda Senarath told Parliament yesterday. Responding to a question raised by Monaragala District NPP MP Sarath Kumara, Senarath said […]

An investigation into former State Minister of Water Supply and Irrigation Sasheendra Rajapaksa's alleged involvement in demolishing a tank bund in Monaragala for treasure hunting will be launched, Deputy Irrigation Minister Aravinda Senarath informed Parliament. Discussions are underway with relevant officials to begin the investigation, while efforts are being made to resume the rehabilitation of Palekanda Tank.

The tank, situated in the Galgamuwa Grama Niladhari Division, was originally supposed to be completed by 2022, but work was halted due to the economic crisis. The government has allocated Rs. 167.26 million for the rehabilitation, with Rs. 70.5 million spent so far. According to official records, 80% of the work has been completed, with the Pitawana weir 95% finished, the left sluice gate 90% complete, and 50% of the tank bund work done.

However, MP Sarath Kumara claims a recent inspection revealed minimal progress commensurate with the spent funds. Locals allege the project is being used as a cover for treasure hunting associated with Rajapaksa, demanding a formal investigation. The stalled project has affected hundreds of farming families for nearly six years.

Senarath stated the new government aims to finish the remaining work by the end of the following year.

Written by urgent.news from The Island Sri Lanka's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at island.lk →

More in World

Dilip de S Wijeyeratne Deputy Chairman

Sampath Bank PLC announced the appointment of Dilip de S Wijeyeratne as Deputy Chairman, effective 10th September 2026, further strengthening the Bank’s leadership as it advances its strategic…

  • Dilip de S Wijeyeratne appointed Deputy Chairman of Sampath Bank on September 10th, 2026.
  • Wijeyeratne brings extensive banking, finance, risk management, and corporate governance experience.
  • He has served on Sampath Bank's Board for eight years, including roles in various committees.

KOKO and Ceylinco Insurance introduce Sri Lanka’s first medical insurance offering

KOKO, Sri Lanka’s leading Buy Now, Pay Later (BNPL) platform, has partnered with Ceylinco General Insurance to introduce Sri Lanka’s first customised medical insurance offering designed exclusively…

  • KOKO partners with Ceylinco General Insurance for first medical insurance in Sri Lanka
  • Customized policy offers up to USD 40,000 coverage for KOKO users
  • Combines fintech and insurance expertise for digital-first healthcare solution

National Credit Guarantee Institution Limited issues milestone 2,000th Credit Guarantee to Commercial Bank

The Commercial Bank of Ceylon has reinforced its market leadership under the National Credit Guarantee Scheme, having disbursed the highest total loan amount among all participating financial…

  • NCGIL issues 2,000th credit guarantee to Commercial Bank of Ceylon
  • Commercial Bank disburses highest total loan amount under National Credit Guarantee Scheme
  • Bank supports MSMEs, focusing on women-led businesses through Liya Shakthi scheme

More from Friday 11 September →