HomeNewsDeputy Finance Minister to Address Hulangamuwa Conflict-of-Interest Controversy

Deputy Finance Minister to Address Hulangamuwa Conflict-of-Interest Controversy

Deputy Finance Minister to Address Hulangamuwa Conflict-of-Interest Controversy

spot_img

The Deputy Minister of Finance will make a statement in Parliament regarding the conflict-of-interest allegations against President’s Economic Advisor Duminda Hulangamuwa, Cabinet Spokesperson Nalinda Jayatissa announced today (26 March).

Jayatissa made this remark in response to a question from a journalist during the weekly Cabinet media briefing.

Hulangamuwa is facing mounting scrutiny following his remarks during an interview on Ada Derana 360 with anchor Kalindu Karunaratne. As a senior figure at Ernst & Young while also serving as an economic advisor to the president, concerns have been raised about a potential conflict of interest. Critics question whether his dual roles grant him access to sensitive state financial information that could benefit his firm.

The issue has sparked debate, with calls for greater transparency in the government’s advisory appointments.

Related news: President’s Economic Advisor Hulangamuwa in Hot Water Over Conflict of Interest Allegations

spot_img

Latest articles

No fuel price revision for 1 May, CPC says

The Ceylon Petroleum Corporation (CPC) has announced that no fuel price revision will be...

Finance Ministry officer linked to USD 2.5m fraud probe found dead

An Assistant Director at the External Resources Department of the Finance Ministry, who had...

Gold prices decline in Sri Lanka in line with global market trends

Gold prices in Sri Lanka recorded a decline today, in line with movements in...

Dollar selling rate rises to Rs. 323

The Sri Lankan rupee depreciated further against the US dollar across several commercial banks...

More like this

No fuel price revision for 1 May, CPC says

The Ceylon Petroleum Corporation (CPC) has announced that no fuel price revision will be...

Finance Ministry officer linked to USD 2.5m fraud probe found dead

An Assistant Director at the External Resources Department of the Finance Ministry, who had...

Gold prices decline in Sri Lanka in line with global market trends

Gold prices in Sri Lanka recorded a decline today, in line with movements in...