London (05/11 – 44.44) Benjamin Wey, a Chinese-American financier, founder of Fintech Holdings and a history of legal trouble, is suing Sri Lanka for $250 million. Wey claims that he was assured by Sri Lanka’s central bank governor that the country would repay a $250 million bond...
London (06/11 – 58) France and the United Kingdom (UK) have jointly made a request in favour of Sri Lanka to the court of the Southern District of New York, for a six-month freeze on any litigation in the Hamilton Reserve Bank case until Sri Lanka’s external debt restructuring is...
Brussels (4/11 – 25) It’s an old story, a broken record: war crimes in the Middle East, encouraged and stoked by outsiders with their own agenda. Israel, offended and humiliated by the 7 October attacks (for which they had repeatedly been warned by Egypt. Hamas, encouraged and bankrolled...
London (04/11 – 67) US district judge, Denise Cote yesterday granted Sri Lanka’s request for a six-month halt on a creditor lawsuit against the country. Hamilton Reserve Bank, an obscure and tiny St Kitt’s bank with interesting ties, says it has accumulated a big chunk of one of...
Berlin (3/11 – 40) Sri Lankan President Ranil Wickremesinghe will visit China in the upcoming week as the crisis-hit country makes progress on debt restructuring talks with its biggest lender. Wickremesinghe took office in July last year, after a popular uprising, brought on by an...
