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
Doubts raised on Pope's visit to Sri Lanka amid snap presidential polls
-- [5 hours ago]
Opposition MPs say election materials are being prepared in Sri Lanka Port Authority Defense Training School
-- [6 hours ago]
Sri Lanka to appeal to Europe Court of Justice on lower court ruling to lift sanctions on LTTE
-- [6 hours ago]
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives
-- [9 hours ago]
India to supply two naval offshore patrol vessels to Sri Lanka - report
-- [9 hours ago]
Sri Lanka police use water cannons and tear gas to disperse university students' march
-- [9 hours ago]
Sri Lanka's Sinhala Buddhist extremist group to contest for the upcoming elections
-- [9 hours ago]
Sri Lanka External Affairs Minister defends ministry secretary against 'unfounded allegations'
Iran calls for expanding politico-economic relations with Sri Lanka
Opposition lawmakers on fact finding mission attacked in Sri Lanka

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.