‘US fund manager cleared of funding terrorism’

Sri Lankan-born hedge fund billionaire Raj Rajaratnam was investigated for allegedly funding Tamil Tiger rebels, but there was no evidence against him, the Central Bank of Sri Lanka said Monday. US authorities on Friday charged Rajaratnam, 52, with fraud after saying they had uncovered the biggest ever case of insider-trading by a hedge fund. He… Continue reading ‘US fund manager cleared of funding terrorism’

AFP: Sri Lanka shares tumble after US fraud accusation

Sri Lankan shares tumbled in morning trade Monday after the US slapped fraud charges against a billionaire Sri Lankan-born hedge fund manager with substantial interests here. The Colombo Stock Exchange shed 3.1 percent as it opened for the first time since the US Justice Department filed insider-trading charges against Raj Rajaratnam, with investors fearing a… Continue reading AFP: Sri Lanka shares tumble after US fraud accusation

30,000 Tamils march in London over Sri Lanka’s internment camps

 More than 30,000 British Tamils marched to draw attention to the Sri Lankan government’s continued incarceration of over 280,000 Tamils in military supervised camps despite earlier pledges to release within 180 days from the end of war in May. Protesters, young and old, carried banners and chanted slogans expressing that 150 days have passed with… Continue reading 30,000 Tamils march in London over Sri Lanka’s internment camps

Forensic analysis confirms execution-video authentic, says US-group

A notorized report of preliminary findings from a US-based forensic company that took nearly three weeks to analyze the Channel-4 broadcast video allegedly showing Sri Lanka Army (SLA) soldiers extra-judicially executing Tamil captives stripped naked and hands tied behind their back, said "[t]he video and audio of the events depicted in the Video, were continuous… Continue reading Forensic analysis confirms execution-video authentic, says US-group

Politically active Tamil diaspora youths under British spotlight

Taking a look into the new political activism of the current generation of diaspora Tamil youths, Financial Times, a premier British Daily, said the "ending [of the war] in Sri Lanka was also a beginning," and many youths experienced a political awakening after devoting a lot of time to the protests and some missing a… Continue reading Politically active Tamil diaspora youths under British spotlight

Sri Lanka refuses visas to two Canadian MPs

Patrick Brown, Conservative Member of Parliament (MP) for Barrie, and Paul Calandra Conservative MP for Oakridges Markham have been denied visas by the Sri Lankan Consulate in Toronto to visit the internment camps in Vavuniyaa Sri Lanka, where more than 300,000 Tamil refugees are being held against their wishes in military supervised camps, sources in… Continue reading Sri Lanka refuses visas to two Canadian MPs

Sri Lanka may lose clothes trade benefits for alleged human rights abuses

The European Commission is to recommend withdrawing trade benefits from Sri Lanka over alleged human rights abuses in the last stages of the civil war against the Tamil Tigers, The Times has learnt. The decision could affect British shops including Marks & Spencer, Tesco and Next, which have imported hundreds of millions of poundsworth of… Continue reading Sri Lanka may lose clothes trade benefits for alleged human rights abuses

UNDP Reports on Clark’s Kiwi Concerns, Doss Probe In Limbo, Ryan on Sri Lanka

The no longer so new Administrator of the UN Development Program, Helen Clark of New Zealand, has still not done a UN press conference. On Thursday one of her duputies, Jordan Ryan of the Bureau for Crisis Prevention and Recovery, was announced as the guest at the noon briefing, with no topic listed.   Once… Continue reading UNDP Reports on Clark’s Kiwi Concerns, Doss Probe In Limbo, Ryan on Sri Lanka

Obama battles to save peace plan as fears grow of collapse

The threat to the Middle East peace process has sent President Obama’s Administration into a tailspin. George Mitchell, Washington’s special envoy to the Middle East, was close to calling off a trip to the region last week but was reportedly press-ganged into going by the White House — who feared that negotiations might collapse sooner… Continue reading Obama battles to save peace plan as fears grow of collapse

Colombo ducking international investigations on civilian killings – UN Rights Chief

United Nations Human Rights Chief, Navi Pillay, speaking at a press conference in Brussels Wednesday criticized the Sri Lanka Government for not responding “to our many requests for an international investigation of what we say is widespread acts of killing of civilians," and that she had pointed out that "they [Sri Lanka Government] have in… Continue reading Colombo ducking international investigations on civilian killings – UN Rights Chief