In a letter, the Central Bank has raised some issues with the article under the above headline which appeared last week. It has denied the report that CB’s Deposit Insurance Fund had been used to bail-out the troubled firm. “This is totally incorrect and the Central Bank’s Deposit Insurance Fund has not been utilized to bail-out [...]

The Sunday Times Sri Lanka

“Entrusted with public funds, they failed”

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In a letter, the Central Bank has raised some issues with the article under the above headline which appeared last week. It has denied the report that CB’s Deposit Insurance Fund had been used to bail-out the troubled firm. “This is totally incorrect and the Central Bank’s Deposit Insurance Fund has not been utilized to bail-out the above Entrust company,” the letter said.

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