header logo
සිංහලதமிழ்
SLIC
Rhythms of Lanka
Latest
Pradeep Kariyawasam questioned by the Bribery Commission
Sep 18, 201207:07 AM
Google NewsAdd on Google
Pradeep Kariyawasam questioned by the Bribery Commission
Mobitel inner 1278

The Commission to Investigate Allegations of Bribery and Corruption has commenced investigations into the controversial share transaction between the National Savings Bank (NSB) and The Finance Company (TFC).


Former NSB Chairman, Pradeep Kariyawasam was summoned by the Commission yesterday to record a statement on the NSB-TFC transaction, sources told Ada Derana.

 

The deal involves a 13 per cent stake of The Finance Company (TFC) being bought by the NSB on April 27 at around Rs. 50 a share. This was through four separate transactions involving two TFC directors and NSB Chairman Pradeep Kariyawasam, when the share market price was hovering around mere Rs 30-31 a share.



 

 

 

MostRead
Mobitel 1278
VideoStories
“Sri Lanka a promising partner for shared growth” - Indonesian Ambassador to Sri Lanka

“Sri Lanka a promising partner for shared growth” - Indonesian Ambassador to Sri Lanka

Veteran lyricist Ven. Rambukana Siddhartha Thero laid to rest today

Veteran lyricist Ven. Rambukana Siddhartha Thero laid to rest today

Public pay final respects to the late Nanda Malini Final rites tomorrow

Public pay final respects to the late Nanda Malini Final rites tomorrow

Petitions filed challenging constitutionality of 22nd Amendment Bill increase to 13

Petitions filed challenging constitutionality of 22nd Amendment Bill increase to 13

Legendary Sri Lankan singer Dr. Nanda Malini passes away at 82

Legendary Sri Lankan singer Dr. Nanda Malini passes away at 82

UN receives public petition against alleged mistreatment of Suresh Sallay

UN receives public petition against alleged mistreatment of Suresh Sallay

Former President Ranil’s facts, data and interpretations are incorrect - Minister Anil Jayantha

Former President Ranil’s facts, data and interpretations are incorrect - Minister Anil Jayantha

Health officials warn public that prolonged heat exposure could be fatal

Health officials warn public that prolonged heat exposure could be fatal

"Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

"Sri Lanka faces new economic crisis after 2028"; Former President Ranil Wickremesinghe warns

BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

BASL challenges 22A before SC; calls for full bench to examine the constitutionality of the bill

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

Govt. ready for public referendum if ordered by SC, 22A Parliament debate in Sept. or Oct. – Nalinda

22nd Amendment tabled in Parliament by Justice Minister amidst strong opposition

22nd Amendment tabled in Parliament by Justice Minister amidst strong opposition

Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

Bank officials nabbed over US$ 1B Undiyal scheme; Court hears how dollars were transferred overseas

Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

Search continues for missing sailor at Angulana coast for third day; Vessel recovery also delayed

“Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

“Call an election soon or popularity could fall further” Opposition on Govt.’s falling popularity

Lassana Flora