The People’s Bank on Tuesday rejected social media reports that the bank was writing off non-performing loans.
In a statement, the bank said: “Relating to recent views expressed on People Bank's non-performing loan write-offs, as shared in certain social media groups, the bank's Management hereby wishes to categorically deny such statements as being true. To save any future doubt, none of the loans so discussed in the said forums has been written off.”
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
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