Bank of Ceylon GM back at work

Business

General Manager of the Bank of Ceylon D.M. Gunasekara resume duties today (Wednesday) after being sent on compulsory leave on April 7 pending an inquiry over certain irregular dealings and decisions. The directive to send him on compulsory leave has been withdrawn following demands made by BOC trade unions. Finance Ministry sources said that the inquiry is continuing into Mr. Gunasekera's alleged involvement in the setting up of a bank branch in the Seychelles without proper permission, making improper recruitment and in releasing of money to Perpetual Treasuries for investment in the controversial treasury bonds issue of the Central Bank. The sources said while the ministry has taken files and documents relating to these matters for the inquiry, so far nothing has transpired to take further disciplinary action against Mr. Gunasekera.

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

June 29, 2024

- 789 - 0

Israeli Tourist found safe after three-day search in Trincomalee

Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.

June 28, 2024

- 400 - 0

Former MP Hirunika taken to Welikada Prison

June 26, 2024

- 315 - 0

Chris and Mahela resign

June 28, 2024

- 314 - 0

Former MP Hirunika Premachandra sentenced to three years RI

The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.

June 26, 2024

- 185 - 0

All bilateral loans postponed until 2028; President

In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.

June 25, 2024

- 157 - 0