header logo
Asia asset finance
Mogo Academy
Latest
IOC and OCA cut funding to Sri Lanka’s National Olympic Committee
Dec 14, 202401:43 PM
IOC and OCA cut funding to Sri Lanka’s National Olympic Committee
Mobitel Inner

The International Olympic Committee (IOC) and the Olympic Council of Asia (OCA) have decided to suspend all payments to the National Olympic Committee of Sri Lanka.

 

However, this excludes the direct payments made to athletes benefiting from Olympic scholarships, the National Olympic Committee has been informed via email.

 

Accordingly, a special General Meeting of the National Olympic Committee was held yesterday (December 13) in response to this decision, during which it was decided that the election of the National Olympic Committee should be held promptly. 

 

The current term of office of the committee is scheduled to end in April 2026. However, the proposal to hold an early election was passed by a two-thirds majority vote at yesterday’s meeting.

 

The next election of the National Olympic Committee has reportedly been planned to be held before March of next year after obtaining the recommendations of the IOC. 

 

Accordingly, the IOC and the OCA have suspended providing funds to Sri Lanka’s National Olympic Committee effective from December 10, 2024.

 

This had been officially conveyed to the NOCSL via a joint letter dated December 10, sent by IOC Director of NOC Relations, Olympic Solidarity, James Macleod and the Director General of the Olympic Council of Asia (OCA), Husain Al-Musallam.

 

This move is seen as an attempt to pressure the NOCSL into taking necessary action regarding their ethics committee report.

 

The ethics committee report suggests the immediate suspension of the incumbent Secretary General of NOCSL, Maxwell de Silva, pending further investigations by law enforcement and other statutory authorities regarding several allegations of ethics violations and misuse of funds.

 

 

 

MostRead
Mobitel Upahara
VideoStories
President’s recent speech made no reference to actual concerns – MP Dilith

President’s recent speech made no reference to actual concerns – MP Dilith

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

Lassana Flora