Sankhitha Gunaratne

778 posts

Sankhitha Gunaratne

Sankhitha Gunaratne

@SankhithaG

Head - Governance & Anti-Corruption - Verité Research former Deputy Executive Director @tisrilanka

Katılım Nisan 2016
943 Takip Edilen1.2K Takipçiler
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Verité Research
Verité Research@VeriteResearch·
⚖️ 𝐇𝐨𝐰 𝐝𝐨𝐞𝐬 𝐒𝐫𝐢 𝐋𝐚𝐧𝐤𝐚'𝐬 𝐧𝐞𝐰 𝐀𝐧𝐭𝐢-𝐂𝐨𝐫𝐫𝐮𝐩𝐭𝐢𝐨𝐧 𝐀𝐜𝐭 𝐢𝐦𝐩𝐚𝐜𝐭 𝐭𝐡𝐞 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐞𝐜𝐭𝐨𝐫? 🔴 At a recent session for the Sunday Times Business Club, Sankhitha Gunaratne (@SankhithaG), Head of Governance and Anti-Corruption and Deputy Director of Verité Research, and Research Analyst Michelle Handy, addressed this critical question. 💡 They detailed what’s new for businesses and explained how companies can safeguard themselves through improved processes and compliance. The enthusiastic Q&A that followed proved this is a crucial conversation that needs to be amplified. #governance #anticorruption #SriLanka
Verité Research tweet mediaVerité Research tweet media
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Sankhitha Gunaratne
Sankhitha Gunaratne@SankhithaG·
Bribery in and by the private sector can no longer be the norm.
Verité Research@VeriteResearch

🔴 The new Anti-Corruption Act that has come into force has strong implications for the private sector. It must now take the problems of not contributing to bribery and corruption much more seriously. The compliance actions required and consequences, for not having the proper policies and controls, have expanded very significantly for the private sector. On People's Platform, Sankhitha Gunaratne (@SankhithaG), Head - Governances and Anti-Corruption at Verité Research summarises the state-of-play for the private sector. 📧 If you're a company that needs help understanding your risks and compliance needs better, please reach out to us at: sankhitha@veriteresearch.org. #SriLanka #anticorruption #privatesector

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Namini Wijedasa
Namini Wijedasa@nimilamalee·
Under an IMF-recommended amendment to the National Audit Act, the Auditor-General will be bound to notify the Chief Accountant of an audited entity to “immediately” complain to law enforcement if the AG, or anyone authorised by him, has “reasonable grounds to believe” fraud...
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Verité Research
Verité Research@VeriteResearch·
🔴 Verité Research Joins 𝐆𝐥𝐨𝐛𝐚𝐥 𝐀𝐧𝐭𝐢-𝐂𝐨𝐫𝐫𝐮𝐩𝐭𝐢𝐨𝐧 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 We’re proud to announce that Verité Research is now a member of the UNCAC Coalition (@uncaccoalition), a global alliance of nearly 400 civil society organizations in over 120 countries, working together to advance the implementation of the UN Convention against Corruption (UNCAC). This partnership strengthens our commitment to tackling corruption through evidence-based research, policy engagement, and strategic advocacy. It particularly enhances the work of our Governance and Anti-Corruption research division, which provides guidance on navigating Sri Lanka’s complex governance challenges and shaping anti-corruption solutions. Together with the UNCAC Coalition, we look forward to contributing to a more transparent, accountable, and just future. #srilanka #anticorruption
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Sankhitha Gunaratne
Sankhitha Gunaratne@SankhithaG·
We must also ensure this law is not abused, and that due process is followed. Used right, this Act could be a turning point in Sri Lanka’s fight against corruption. #ProceedsOfCrime #AssetRecovery 10/10
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Sankhitha Gunaratne
Sankhitha Gunaratne@SankhithaG·
8️⃣ Enables coordinated investigation, both domestically and internationally—this includes obtaining expert assistance. 9/10
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Sankhitha Gunaratne
Sankhitha Gunaratne@SankhithaG·
🚨 The Proceeds of Crime Act was just passed in Parliament. This is the Act that will make #assetrecovery so much easier. The drafting of this began in 2017/18. The Committee headed by Yasantha Kodagoda J. has done an exceptional job. 📄 documents.gov.lk/view/bills/202… 🧵1/10
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NewsWire 🇱🇰
NewsWire 🇱🇰@NewsWireLK·
Sri Lanka’s Namini Wijedasa Honoured with 2025 International Women of Courage Award ift.tt/GMxyRhI
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Sankhitha Gunaratne
Sankhitha Gunaratne@SankhithaG·
state.gov/secretary-of-s… @nimilamalee to say you deserve this would be an understatement! We forget how much grit & courage it takes to fight corruption & do what you do. We may not agree with the US's direction, but this is one thing they got right. I'm so proud of you.
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Verité Research
Verité Research@VeriteResearch·
🔴 The proposed amendment to Sri Lanka's Companies Act introducing a Beneficial Ownership (BO) register takes positive steps towards transparency but fails to meet international standards. Key findings highlight two significant gaps in the Bill: 📌 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐕𝐞𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐞𝐜𝐡𝐚𝐧𝐢𝐬𝐦𝐬: The Bill does not establish a way to verify the accuracy of BO information submitted, undermining its integrity and compliance with FATF standards. 📌 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐏𝐮𝐛𝐥𝐢𝐜 𝐀𝐜𝐜𝐞𝐬𝐬: The register restricts public access to BO data, contrary to international recommendations that stress open access for combating corruption, money laundering, and illicit financial flows. To align with international best practices and fulfill IMF commitments, the Bill must ensure verification mechanisms and broader public access to BO information. These corrections will enhance the effectiveness of anti-corruption efforts and strengthen the financial system. 👉 Read more: veriteresearch.org/publication/pr… #srilanka #governance
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