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
Court orders joint opposition to limit march to one lane in Kegalle city
-- [1 hour and 11 minutes ago]
Sri Lanka Cricket expands its support arsenal
-- [1 hour and 40 minutes ago]
New USAID Mission Director signals surge in U.S. development assistance in Sri Lanka
-- [2 hours ago]
Released Indian fishermen allege they were abused while in Sri Lankan jails
-- [3 hours ago]
Joint Opposition protest march is a 'political gimmick by bunch of crooks' - Minister Sagala Ratnayake
-- [3 hours ago]
Japan agrees to fund Sri Lanka's light rail system proposed in megapolis development plan
-- [4 hours ago]
Shortage of human resources is the main challenge for Sri Lanka's Health Sector
Sri Lanka Supreme Court rejects MP Wimal Weerawansa's petition
President briefs Canada's Foreign Minister on Sri Lanka's progress on good governance, reconciliation and development
Masterful Kusal Mendis steers Sri Lanka ahead

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.