05

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 Date: 2018-06-22   Answered 

0527/2018: Not paying due Interest on the deposit made by Mr. R. Jayabal in the Ceylinco Realty and Consolidated Limited

527/’18

Hon. Vasudeva Nanayakkara,— To ask the Minister of Finance and Mass             Media,—

(a) Is he aware that—

(i) Mr.R.Jayabal residing at No.25/14, Maradana Watta, Hendala, Wattala, depended on the interest income received by depositing one million rupees for three years with Ceylinco Reality and Consolidated Ltd., a company that was registered with the Central Bank of Sri Lanka;

(ii) the interest payable on the said amount has been paid intermittently in an irregular manner; and

(iii) even though the balance of Rs. 525, 000/- out of the amount initially deposited, has to be paid back on maturity, the company has failed to provide that amount despite repeated requests made?

(b) Will he inform this House on the steps that will be taken regarding defrauding of depositors this manner done by several such companies including the aforesaid one?

(c) If not, why?

 

Asked Date

2018-06-22

Asked by

Hon. Vasudeva Nanayakkara, M.P.

Ministry

Finance

Legislature

Eighth Parliament of the D.S.R. of Sri Lanka

Session

Second Session

Question History





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