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. Embassy helps Sri Lankan youth make a difference with youth empowerment grants
-- [39 minutes ago]
Chinese Leader concludes visit to Sri Lanka, leaves for India
Speeding vehicle knocks down ruling party Uva PC candidate in Sri Lanka
Pope approves canonization for Sri Lanka's first saint
Over 50,000 estate Tamil youth in Sri Lanka unable to vote at Uva PC election
Sri Lanka political parties hold final campaign rallies for Uva PC election today
Central Bank releases publication on Socio-Economic Data - 2014 of Sri Lanka
Sri Lanka's trade deficit widens 55.2 percent in July 2014 mainly due to oil imports
Indian authorities to question Sri Lankan spy suspect
Norway has no interest in creating communal tension in Sri Lanka - envoy

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.