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
U.S. grants Sri Lanka $ 3.2 million to develop schools in the East
-- [3 hours ago]
Nigeria invites Sri Lankan investors, wants to boost bilateral trade
-- [4 hours ago]
SLFP empowers President to decide on posts, ministers
-- [5 hours ago]
Sri Lanka ruling United National Party's 69th anniversary celebrations on Sept 6
-- [6 hours ago]
Sri Lanka Army investigating Channel-4 video contents since 2013
-- [6 hours ago]
President emphasizes need for a national plan and policy to take Sri Lanka's construction sector to international level
-- [7 hours ago]
Construct -2015 trade exhibition opens in Colombo
-- [8 hours ago]
Sri Lanka appoints Ambassador to Myanmar
Former Treasury Secretary summoned to police SIU
Sri Lanka court dismisses petitions against Susil Premajayantha and Anura Priyadarshana

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.