Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka parliamentary committee summons private sector retirement fund officials for questioning
Sat, Feb 2, 2013, 08:00 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 02, Colombo: Sri Lanka's parliamentary Committee on Public Accounts (COPE) has summoned officials from the private sector retirement instrument, Employees Provident Fund (EPF), to question on alleged financial irregularities in the Fund.

Main opposition United National Party (UNP) parliamentarian Dr. Harsha de Silva has said the EPF officials have been summoned before the committee on the 6th.

The Committee on Public Accounts had summoned the EPF officials following a long drawn struggle by opposition members in the committee to inquire in to alleged financial frauds at the Fund.

According to Dr. de Silva, the EPF officials would be questioned on the monies invested by the Fund in the stock market and on the various allegations of financial fraud involving the Fund's monies.

The Central Bank, which administers the country's largest private sector retirement fund, has asserted that t no fraudulent stock market transaction has ever been made by the EPF and that all transactions have been carried out with utmost care, diligence and professionalism.

** Related Story :: Sri Lanka retirement fund management hits back at MP\'s allegations of frauds involving the fund



ColomboPage - Recent 10 Stories
Sri Lankan President offers condolences to South Korean counterpart on ferry tragedy
-- [5 hours ago]
Former Maldivian President Abdul Gayoom visits Sri Lanka
-- [5 hours ago]
Sri Lanka police obtain 40 Interpol red notices on suspected LTTE operatives
-- [6 hours ago]
Sri Lanka opposition MPs attacked at new airport in South
-- [7 hours ago]
Sri Lankan health authorities warn people not to purchase medicine through the internet
-- [7 hours ago]
Sri Lankan public asked to be vigilant on suspicious terrorist activities
Lot can be learnt from Sri Lanka's experience with non-state actors - Defense secretary
US is looking to resume a 'more comprehensive' military relationship with Sri Lanka
Apex court in India rejects plea to probe Indian army's involvement in Sri Lanka war
Sri Lankan Chief Prelate threatens to launch protest over government failure to amend land laws

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.