- Last Update 2024-07-31 20:18:00
Central Bank cancels troubled CIFL licence
The licence issued to troubled Central Investment and Finance (CIFL) has been cancelled on an order by the Central Bank’s Monetary Board, the Colombo Stock Exchange was notified on Thursday.
The notice from the Central Bank's Non-Bank Supervision Department further said: “The company may tender objections in writing to the Board in which case the Board may consider the objections and further action may be determined.” The company has been in crisis-mode for several years with deposits not returned to investors and the Central Bank trying to find new investors to recurrect the company. (DE)
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- July 24, 2024 - 248 - 0
SC issues Interim Order preventing Deshabandu functioning as IGP
An interim order prohibiting Deshabandu Tennakoon from carrying out his duties as Inspector General of Police (IGP) has been issued by the Supreme Court.
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Presidential election on Sep 21
The Presidential election will be held on September 21, the Commission of Elections has decided.
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Dr. Wickramabahu Karunaratne no more
The former leader of the New Sama Samaja Party (NSSP) and the New Left Front and well-known figure in left-wing politics in Sri Lanka, Dr. Wickramabahu Karunaratne, passed away at the age of 81.
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