Sri Lanka: Latest news in Sri Lanka, October 7th, 2026
07-10-2026
Arrest of Former First Lady Shiranthi Rajapaksa: The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) arrested and remanded former First Lady Shiranthi Rajapaksa in connection with an investigation into the alleged misappropriation of funds linked to her NGO, the Siriliya Saviya Foundation. Former National Savings Bank (NSB) Chairman Pradeep Kariyawasam was also taken into custody regarding the same probe.
Remand of Ex-Minister Rohitha Bogollagama: Former Cabinet Minister Rohitha Bogollagama was arrested by CIABOC and subsequently remanded by the Colombo High Court until the conclusion of his corruption trial.
Indictments Served in Weligama Hotel Shooting: The Colombo High Court served indictments on eight individuals, including former Inspector General of Police (IGP) Deshabandu Tennakoon, in connection with the fatal Weligama shooting case.
2027 Appropriation Bill Tabled: The government formally presented the 2027 Appropriation Bill to Parliament, outlining expenditure estimates and state fiscal allocations for the upcoming fiscal year.
Indian Medical Aid Consignment: The Government of India handed over a consignment of essential anti-tuberculosis (TB) medications worth Rs. 52 million to the Sri Lankan Ministry of Health in Colombo.
Market Developments: The Colombo Stock Exchange (CSE) recorded heavy selling pressure during trading hours, pulling the All Share Price Index (ASPI) toward the 20,500 mark.