header logo
සිංහලதமிழ்
Mogo Academy
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

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 Upahara
VideoStories
Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Legal gambling can generate significant state revenue - Dr. Harsha de Silva at CoPF

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

Negombo Prison Clash death toll climbs to 31; 40 officers assigned to probe unrest, court informed

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

"If IMF is our hope, do we need a President?" Treasury filled by emptying public's pockets: Dilith

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

“Unreported dengue cases may be much higher” Dengue caseload nears 70,000, deaths at 48

Cabinet nod given for new framework to combat money laundering and terror financing

Cabinet nod given for new framework to combat money laundering and terror financing

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

“Outbreak similar to 2017 dengue crisis looming” - 175 MOH divisions identified as high-risk zones

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

A Timeless Voice Falls Silent, A Legacy Lives On... Mariazelle Goonetilleke laid to rest

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“NPP Govt. has abandoned its promises ”Govt. continues to burden public to please IMF - Sajith

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“Not a racist alliance” - Six Tamil-speaking political parties unite under joint platform

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

“AI and digital platforms reshaping global media” 'Media Fest 2026' delves on future of journalism

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

"Public interest must be prioritized" Govt.'s move to extend retirement age of judges hits roadblock

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

How can Sri Lanka bypass secondary sanctions? Ex-Foreign Sec. explains SL's options on Hyde Park

Lassana Flora