Plight of Okanda Finance depositors
View(s):I am writing this letter with much disappointment for my children have lost a lot of their hard earned money after investing in Okanda Finance Pvt. Ltd expecting it to be a reliable finance company.
Okanda Finance Plc terminated payments of interest and investments of the depositors from November 2009 subsequent to a high officer of the Government interfering into the affairs of Okanda Finance, and putting an end to the company’s smooth working financial transactions, as it did not agree to his requirements.
The investors are now greatly disappointed and frustrated, as their hard-earned money is not being returned to them. The latest developments which were reported in the Sunday Times of October 6 will give some solace to the investors. It was reported that the Supreme Court has given an order to the Judge of the Commercial Court to attend to this long outstanding matter expeditiously with the next hearing scheduled for December 6.
We pray there would be some relief, finally.
O.G.D.W. Jayasinha
Pannipitiya