Wednesday, October 17, 2018

President Has Dissolved The Director Boards Of Three State Financial Institutions

President Maithripala Sirisena has
dissolved the Board Of Directors of three State Owned Financial Institutions, namely The Board Of Investment  (BOI)Bank Of Ceylon and People's Bank with effect from midnight tonight  (17) over an allegation levelled against the Boards on misuse of funds in these institutions .

A proper investigation will be conducted on the allegations levelled  against Board Of Directors of these three state institutions the Presidential Media Division has announced.

No comments:

A Sudden Fire Erupted In A Tyre Shop At Armour Street

A sudden fire has broken out at a tyre shop near Armour street in Grandpass this evening (29) causing severe traffic congestion in the area....