Deepthi Perera, former chairman of failed Central Investments and Finance Co (CIFL) who had been in hiding in Cambodia, on Tuesday presented to a Colombo court – through his lawyers - a restructure plan to revive the finance company. Mr. Perera, who was arrested on August 10 on return at the Colombo airport with a bogus passport, submitted the plan (based on his promise) after a court-directed meeting with the Central Bank last week. The suspect has been in remand since his airport arrest. Chief Magistrate Colombo Gihan Pilapitiya then directed that the plan be discussed with the Central Bank and CIFL Depositors Association (CIFLDA) and put off the case for late September. Hundreds of depositors of CIFL were left high and dry after the company – like many finance companies that failed - were unable to pay, first their interest and then their deposits, some years ago. (Quintus)
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Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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