Sri Lanka has raised annual taxes on ‘luxury’ cars by around 50% in the 2012 budget to increase revenue of the government coffers. The Motor Traffic Department has earned Rs.717 million from annual ...

Sri Lanka’s Motor Traffic Department (DMT) is once again in the limelight for massive fraudulent activities. The latest scandal reveals how corrupt government officials exploited regulatory loopholes ...

A probe conducted by the Auditor General’s Department and the Parliamentary watchdog committee, COPA (Committee on Public Accounts) has revealed that a large number of luxury cars and SUVs have been ...