Committee to probe malpractices at finance and leasing companies

The Central Bank has appointed a three-member committee to probe malpractices at finance and leasing companies.

The committee will be chaired by the Director General of Legal Affairs of the Presidential Secretariat, Attorney-at-Law Harigupta Rohanadeera while the other two members are Director of the Legal and Compliance Department of the Central Bank K.G. Sirikumara and Director of Department of Supervision of non-Bank Financial Institutions of the Central Bank J.P. Gamlath.

Central Bank Governor Deshamanya Prof. W.D. Lakshman made the appointment and has sought a report following the probe within 14 days.

The Committee is entrusted with the task of probing activities carried out by all finance companies especially by finance companies which have not registered under the Central Bank. (Colombo Gazette)


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