A group of depositors of a failed finance company on Monday morning carried out a 90-minute protest outside the Supreme Court complex in Colombo.
The depositors from F&G PDL (Pvt) Ltd (Finance and Guarantee Property Developers Pvt Ltd and F&G Real Estate Pvt Ltd) were protesting against the proposed appointment of Lionel Karuwalawa and Bandara Ganegala as directors of the company.
The case pertaining to F&G would be heard later on Monday afternoon by the Supreme Court and the matter of appointing new directors would be coming up.
The company owes Rs 5.8 billion to 4,250 depositors who have been struggling in courts for the last nine years since 2009 to recover their dues. (QP)
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