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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2958

News

Tigers threaten bank officials for freezing their assets

Last week the Central Bank of Sri Lanka froze the assets of the Tamil Rehabilitation Organization (TRO) in keeping with UN Resolution on terrorism (including 1373) which requires member states to suppress financing of terrorist organizations. Australia and UK are two other countries which have banned TRO as a front of the Tamil Tigers. Based on the investigations of the Financial Intelligence Unit (FIU) of the Central Bank instructions had gone out to freeze Rs. 20 million some of which are held in the Bank of Ceylon branch in Killinochchi. Bank officials have refused to have any financial transactions with agents of TRO.

Commonwealth Finance Ministers to formulate a common agenda

By Ashwin Hemmathagama – Our Financial Correspondent

The 60th Commonwealth Finance Ministers meeting which will commence next week is expected to formulate a common agenda in addressing the development issues of its member countries. This meeting will also be used as a launching pad for the Sri Lanka Tourism in promoting the country as a safe destination for tourists as well as a location to hold international meetings and other important events.

TNA delegation to meet Indian Prime Minister

A delegation of the Tamil National Alliance parliamentarians have left for India to meet Prime Minister Dr. Manmohan Singh and other Indian leaders in New Delhi to brief them of the desperate situation the Tamils presently facing in the country. Also they intend to seek Indian leader’s interference to safeguard Tamils from being subjugated by the Sri Lanka armed forces. The TNA delegation is led by its parliamentary group leader R.Sampanthan and the other members are S. Mavai Senathirajah and M.K.Sivajilingham.

Central Bank officials under death threat over frozen TRO funds

By Ashwin Hemmathagama – Our Financial Correspondent

Following the Financial Intelligence Unit (FIU) decision to freeze TRO funds the Central Bank Senior Officials have been threatened with death. Intelligence officials told "Asian Tribune" of the looming death threat on the Central Bank officials. Tamil Rehabilitation Organisation (TRO) which is another division of the LTTE outfit is likely to forfeit its funds held at the Bank of Ceylon in Kilinochchi, which is already frozen by the FIU.

Ceylon Electricity Board to promote alternative power generation in Sri Lanka

Sunil C. Perera, Reporting from Colombo

The Energy Conservation Fund [ECF] says the Ceylon Electricity Board [CEB] works with the alternative power suppliers to obtain additional energy to their national grid. ECFs Chief Executive Officer Harsha Wickramasingha said biomass and wind power are new areas, which can generate electricity to fulfill part of CEBs energy capacity.

Bank accounts of Tamil Rehabilitation Organization frozen in Sri Lanka

Tamil Rehabilitation Organization, a rehabilitation arm of the Tamil rebel outfit, Liberation Tigers of Tamil Eelam says that their bank accounts in Sri Lanka have been frozen by the Central Bank of Sri Lanka and "no transactions would be allowed until further notice." The rehabilitation organization of the LTTE in a press release said "On Monday 29 August 2006, TRO was informed by Seylan Bank, Commercial Bank, Bank of Ceylon, People’s Bank, Hatton National Bank, Pan Asia Bank, and Standard Chartered Bank that they had been instructed by the Central Bank of Sri Lanka to "freeze" all TRO accounts."

Sri Lankan Embassy in Beijing plans to host Trade exhibition in China

Sunil C. Perera - Reporting from Colombo

The Sri Lanka Embassy in Beijing , China is planning to organize a trade exhibition in China during the proposed state visit of the President of Sri Lanka to China in next year. The exhibition will also coincide with the proposed celebrations to mark the 50th anniversary of diplomatic relations with China. According to the Export Development Board the trade exhibition will be a part of a series of events which will also include an investment promotion seminar.

Sri Lanka Army Commander on an "Operation wipe out LTTE," in Jaffna

Sarath FonsekaSri Lanka's Army Commander Sarath Fonseka who has vowed to wipe out LTTE terrorism (Liberation Tigers of Tamil Eelam) after surviving an attempt on his life visited Jaffna on Saturday. It was his first visit to Jaffna since he survived an assassination attempt in April this year. The unsuccessful Tiger suicide attack on him came just four months after he assumed office as the Army chief in December 2005. He was badly injured on April 25 when the LTTE deployed a female suicide bomber to kill him at the Army headquarters. Fonseka who was seriously injured in the attack, returned to duties late July after undergoing medical treatment in Singapore.

Timing of Henriccson’s accusation was to embarrass the President in UK – Peace Secretariat

HenriccsonMaj-Gen. Ulf Henriccson, the outgoing head of the Truce Monitors, has come under fire again from the Colombo Peace Secretariat. The Colombo Peace Secretariat has questioned the timing of making a premature judgement, without substantive evidence, on the killing of 17 aid workers just at the time when the President was on a delicate mission negotiating with the Prime Minister of UK, Tony Blair. "Given the international engagements of the President at the time, the selective timing of the SLMM ruling and its motives are extremely questionable," said the Peace Secretariat in its latest press release.

Sri Lanka well poised to export computer software

By Quintus Perera - Asian Tribune

JayanthaInformation and Communication Technology (ICT) plays a vibrant and extremely useful role in the lives of people today and due to the vast improvements in he ICT, world is getting closer and access to knowledge is possible and easier. It provides impetus for economic development and even could be applied to reduce hunger. In Sri Lanka it is developing qualitatively, while some point out compared to the changes taking place in many under developed countries reaching ICT to peripherals, in Sri Lanka the technology has not reached the peripherals in that speed and intensity.

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