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Hindustan Copper erred in awarding Copper Ore Tailings Beneficiation project: Parliamentary panel

Parliamentary Committee criticizes Hindustan Copper Limited's management over a failed project with Star Trace Private Limited, citing Rs 280 crore tender awarded for untested technology. The project, aimed at salvaging precious metals, faced multiple extensions and incurred additional expenses. High-ranking officials face disciplinary actions, highlighting the need for stricter internal controls and transparent investigations, even post-retirement. The committee advocates for reforms to ensure accountability and ethical behavior within CPSUs.

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Economy in better waters, but far from port

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Sri-lanka , Ceylon , Shehan-semasinghe , Charitha-herath , Darshana-abayasingha , Duminda-hulangamuwa , Patali-champika-ranawaka , Samagi-jana-balawegaya , Ceylon-chamber , Parliamentary-committee-on-public , Revenue-department , Parliamentary-committee-on-ways

SC clears two Monetary Board members from petitions filed over economic crisis

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Ranee-jayamaha , Samantha-kumarasinghe , Gotabaya-rajapaksa , Sanjeeva-jayawardena , Ajith-nivard-cabraal , Parliamentary-committee-on-public , Monetary-board-external-debt-monitoring-committee , Fund-supported-program , Central-bank-governors-prof , Central-bank , Supreme-court , Monetary-board

SC holds W.D.Lakshman, Cabraal, S.R. Atygalle, Kumarasinghe violated public trust - Top Story

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SC clears two Monetary Board members from petitions filed over economic crisis - Breaking News

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SC clears two Monetary Board members from economic crisis cases - Business News

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SJB promises to fight for equality in DDR and EDR

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

Sri-lanka , China , Colombo , Western , Paris , France-general- , France , Sri-lankans , Sri-lankan , Nandalal-weerasinghe , Lasantha-kumara , Nivard-cabraal

Excise earns extra billions as Parliament gets tough on tax stamp scam

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

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Tax stamps racket a costly miss for public

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

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Parliamentary Committee on Public Finance approves DDO by flagging off concerns

Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper. ..

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