Sri Lanka’s Central Bank lists fraudulent finance institutions in the country
ColomboPage September 25th, 2008Sept 26, Colombo: Sri Lanka’s Central Bank yesterday listed six main fraudulent finance institutions in the country for the first time in its history following Sakvithi Ranasingha’s massive money fraud.
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- Public’s greed for high interest rates led to this unfortunate situation, says Sri Lankan Central Bank Governor
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- Protest march against fraudulent financier in the Sri Lankan capital
- Act to protect investors
- Sri Lankan government ready to bring new laws to crack down fraudulent financial institutions