India to finance major harbour in Sri Lanka
by IANS
New Delhi: India will provide financial aid to develop the biggest harbour in Sri Lanka's north to facilitate transportation of goods from nearby Indian ports, according to a Sri Lankan official in New Delhi.

The Kankasanthurai harbour in Jaffna peninsula will be developed in two phases. The harbour is one of 10 sea and air entry points to the country.

President Mahinda Rajapaksa, who holds the finance portfolio, presented to the cabinet the proposal to develop the harbour.

Sri Lanka High Commission's Minister-Counsellor Sugeeswara Senadhira said the cabinet gave the green signal to the project last week....more    
03:13 PM, May 08, 2011

Report: Tamil Tigers raised funds in Switzerland Geneva: Members of the Sri Lankan Tamil Tigers group allegedly extorted millions from ethnic Tamils in Switzerland to fund their armed revolt against the government in Colombo, Swiss newspapers reported on Sunday. The allegations formed the basis for a series of police raids on Tuesday against Tamil individuals and companies across Switzerland, Zurich weeklies NZZ am Sonntag and SonntagsBlick said. Prosecutors announced earlier this week that 10 people were arrested...  
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by IANS
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by IANS
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