Word: lakshman
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...government has maintained that the general was taken into custody in accordance with correct procedure. Under Army Act section 57, any retired officer or soldier is considered a military officer for six months (after retirement), Media Minister Lakshman Yapa Abeyawardena told reporters today. Fonseka retired from the post of Chief of Defense Staff on Nov. 12. The government minister also warned that until court proceedings are concluded, any public expression of opinion about the matter is prohibited. "The opposition is trying to get innocent civilians onto the streets to achieve their political ends. They should not put innocent lives...
General Sarath Fonseka, the defeated candidate in Sri Lanka's recent presidential election, was arrested by military police at his Colombo residence Monday night, Feb. 8. The government said Fonseka, the former army commander, had been arrested on charges of "committing military offenses," but it offered no details. Lakshman Hulugalle, director general of the Media Centre for National Security, told state TV that Fonseka will be court-martialed. No date was given for any possible court appearance...
...expand once the economy is growing and orders are coming in again. And banks, since they get hurt so badly in recessions (particularly this one), become very risk-averse at the beginning of economic cycles. "In the initial stages of a recovery, banks are never handing out cash," says Lakshman Achuthan, a managing director at the Economic Cycle Research Institute. "It never happens that way, and we have had plenty of recoveries...
...guilty of aiding terrorism. Later that year, Poddala Jayantha, a prominent media-rights activist, left the country due to ongoing threats. "It is not only where the Lasantha Wickrematunge investigation has progressed, but also where all the investigation into the assassinations, assaults and intimidation of journalists have progressed," says Lakshman Gunasekera, president of the national chapter of the media-rights group South Asia Free Media Association (SAFMA). "The manner the investigation has moved does not give any reason to feel safe. Things have improved, but most certainly I would not advise those in exile to return just...
...Interest rates always rise when things are improving," says Lakshman Achuthan, managing director at the Economic Cycle Research Institute. "If higher interest rates choked off recoveries, then we would always be in recession...