The Central Bank said on Thursday that it has provided an opportunity to Sinhaputhra Finance PLC (SINF) to implement “the proposed capital augmentation plan within the timeframe stipulated”.
In a public statement, the banking regulator said that further to the “Press Notices published on 08.09.2019 and 09.09.2019 on the regulatory actions taken against this company, the Monetary Board of the CB wishes to inform the general public that in view of the proposed capital augmentation plan submitted
by the SINF and in the interest of depositors, the Monetary Board decided to provide SINF with an opportunity to implement the proposed capital augmentation plan within the timeframe stipulated”. - ENDS -
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.
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.
President Ranil Wickremesinghe is firm about the President’s five-year tenure, the President’s Media Division (PMD) said.
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