Former chairman of the Tea Board, B.A.C. Abeywardane on Tuesday conducted a staff meeting inside the board premises adding more fuel to confusion in the board administration.

In a December 2006 report, the paper quoted reliable Customs sources conducting the investigation into the under-invoicing scandal of alcohol by Periceyl (Pvt) Ltd, a jointly controlled entity of DCSL, as saying that the probe has been brought to a standstill by the Director General.

The Colombo Stock Exchange (CSE) is unlikely to offer attractive returns as it did in the previous years, but it will not hit rock bottom either, according to most of the country’s top corporate brass.