A panel advising the U.N. Secretary-General on accountability for the bloody end of Sri Lanka’s war overstepped its mandate by producing an investigative report concluding there are "credible allegations" of war crimes, Sri Lanka said Thursday. Here are some questions and answers about the report and its likely impact on the Indian Ocean island nation:… Continue reading Q&A: The U.N. report on the end of Sri Lanka’s war
Author: Reuters
U.N. panel says war crimes likely committed in Sri Lanka war
A U.N.-appointed panel has found "credible allegations" that tens of thousands of civilians were killed and war crimes were committed in the final months of Sri Lanka’s war with the Liberation Tigers of Tamil Eelam, and urged the investigation and prosecution of those responsible. "The panel found credible allegations, which if proven, indicate that a… Continue reading U.N. panel says war crimes likely committed in Sri Lanka war
U.N. panel on Sri Lanka conflict delivers report
A panel of experts set up to advise U.N. chief Ban Ki-moon on possible war crimes at the end of Sri Lanka’s war against Tamil Tiger rebels delivered its report to him on Tuesday, the United Nations said. The report by the panel, whose appointment was strongly criticized by the Colombo government, was not immediately… Continue reading U.N. panel on Sri Lanka conflict delivers report
Rajaratnam defence to present its case for NY jury
Now it is hedge fund manager Raj Rajaratnam’s lawyers’ turn to make their case at his insider trading trial on Monday that the government was wrong to accuse him of conspiracy and fraud. The jurors have heard five weeks of prosecution evidence, including dozens of FBI phone taps and testimony of three cooperating witnesses that… Continue reading Rajaratnam defence to present its case for NY jury
India beat Sri Lanka to win World Cup
India sparked wild celebrations among their billion supporters after beating Sri Lanka by six wickets in the World Cup final at Mumbai’s Wankhede Stadium on Saturday. After Sri Lanka captain Kumar Sangakkara won the toss and opted to bat first, Mahela Jayawardene smashed 103 not out off just 88 balls and featured in half-century stands… Continue reading India beat Sri Lanka to win World Cup
Rugby-IRB strips Sri Lanka of full member status
The International Rugby Board has stripped Sri Lanka’s rugby union of full member status after it failed to conduct board elections in accordance with IRB bye laws. The decision followed ongoing concerns regarding the governance and management of the Sri Lanka Rugby Football Union (SLRFU) after it missed a Jan. 31 deadline for elections in… Continue reading Rugby-IRB strips Sri Lanka of full member status
Q+A-The case against hedge fund manager Rajaratnam
Raj Rajaratnam, the former head of the Galleon Group hedge fund that once managed $7 billion, goes on trial in New York on Tuesday on charges of insider trading. The following are some questions and answers about the jury trial in Manhattan federal court of the central figure in the biggest U.S. probe of insider… Continue reading Q+A-The case against hedge fund manager Rajaratnam
Courtroom showdown in sweeping U.S. trading probe
A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses. Jury selection in the case against the Galleon Group founder in New York starts on Tuesday.… Continue reading Courtroom showdown in sweeping U.S. trading probe
Sri Lanka to spend $350 mln to expand Colombo seafront
Sri Lanka plans to build a new port city by reclaiming the seafront at a cost of $350 million and selling the land as it expands the island nation’s main harbour, the state-run Port Authority said on Thursday. As presently envisaged, the creation of 340 acres of new land would partially, if not entirely, block… Continue reading Sri Lanka to spend $350 mln to expand Colombo seafront
Sri Lanka shrugs off inflation fears, holds rates
Sri Lanka’s central bank on Tuesday shrugged off food inflation fears and held interest rates at six-year lows as expected, saying export earnings growth and adequate rice stocks should offset any supply shocks. Two rounds of heavy flooding that hit the staple rice crop, the first of which came right after the central bank surprised… Continue reading Sri Lanka shrugs off inflation fears, holds rates
