The fundamental rights petition seeking to suspend the accounts and assets of ETI Finance Ltd and its Board of Directors was taken up before the Supreme Court today (Apr 04).
The ETI Depositors Association which had filed the petition, claimed that over 2500 of its members had deposited sums amounting upto Rs 20 million at ETI Finance which was registered under the Central Bank.
The petitioners claimed that the Finance Company and the Central Bank have both failed to grant the returns of these investments to the depositors.
Accordingly, the Central Bank, its Governor and the employees of the Finance Division along with the ETI Finance Company, its Board of Directors, IGP Pujith Jayasundara, the Finance Secretary were named among the 18 respondents in the case.
You can share this post!
Content
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.
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.
Leave Comments