PLC-CEB fraud report filed

News

The newly established Financial Criminal Investigations Department (FCID) today filed a report on a fraud case where a Ceylon Elecricty Board (CEB) pension fund had been invested through agents to invest at Peoples Leasing Comapny (PLC) , a fully owned subsidary of the Peoples Bank. They told the courts that Rs 70 million had been paid out as commission to two agents before to invest at the leasing company. The FCID informed the Colombo Magistrate that the CEB accountant had claimed that there was no agents used to invest the money, while the Director of PLC said that there were agents used to invest the fund. Additional Magistrate of Colombo courts Nirosha Fernando directed the FCID to submit a further report when the case will be taken up on April 30.

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

July 11, 2024

- 1194 - 0

Colombo Fort Magistrate interdicted

The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.

July 9, 2024

- 430 - 0

Govt employees who refrained from taking part in strike to be rewarded

July 10, 2024

- 271 - 0

Deadline extended for G.C.E. A/L applications

The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.

July 12, 2024

- 270 - 0

SC refuses interim order on Judges appointments

The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.

July 16, 2024

- 238 - 0

MP on open warrant turns up at school event

Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.

July 8, 2024

- 202 - 0