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Thursday, 17 September 2009

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News: UNF sold CB gold for a song ...        Political: Donor funds used properly ...       Business: London Stock Exchange to acquire MillenniumIT ...        Sports: Ratnam, Renown remain unbeaten ...

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The Joint Free Media coalition held a protest campaign against the British Channel 4 video footage on Sri Lanka opposite Fort Railway Station yesterday. Picture by Sudath Nishantha


Country lost Rs. 16 billion:

UNF sold CB gold for a song

Media Minister Lakshaman Yapa Abeywardena yesterday said Opposition Leader Ranil Wickremesinghe should take the responsibility for selling over 200,000 troy ounces belonging to the Central Bank of Sri Lanka to his friends at US$ 300 per ounce between 2002 - 2003 during the UNF regime.

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Minister refutes UNP Leader’s claims:

Donor funds used properly

Media Minister Lakshman Yapa Abeywardena said the Government has ensured that the funds disbursed by the donor countries and lending agencies are properly utilised for the country’s development. He said the country has received over US$ 772 million up to September 15 and the Government is hopeful that this figure will rise to US$ 1,350 million by December.

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Eight int’l banks bid for Treasury bonds:

Economy most stable now

Sri Lanka’s economy now is most stable for the first time since independence and eight major international banks made bids for our Treasury bonds last Friday, a remarkable achievement for our country, Public Administration and Home Affairs Minister and Deputy Finance Minister Dr.Sarath Amunugama said at the UPFA press conference in Colombo yesterday.

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Potential from transaction ‘considerable’:

London Stock Exchange to acquire MillenniumIT

The London Stock Exchange Group plc (LSE) has agreed to acquire MillenniumIT, a Sri Lankan-based technology services company serving the capital markets industry.

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