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 Date: 2018-09-06   Answered 

1125/ 2018 - Question Asked By Hon. Wimal Weerawansa, M.P.

    1. 1125/’18

      Hon. Wimal Weerawansa,— To ask the Minister of Finance and Mass Media,--

       

      (a) Will he inform this House —

      (i) whether the finance company known by the name ‘Edirisinghe Trust Investment (ETI)’ is a finance company that is registered at the Central Bank of Sri Lanka and is operated under its monitoring;

      (ii) whether he is aware that those who deposited money in this finance company are faced with grave difficulties as a result of the institution’s failure to return the deposited money in due manner;

      (iii) of the course of action implemented at present to recover the money deposited by the aforesaid ETI depositors who followed the instructions issued by the Central Bank of Sri Lanka and deposited their money in a financial institution monitored by the Central Bank of Sri Lanka instead of depositing their money in financial institutions which are not monitored by the Central Bank of Sri Lanka; and

      (iv) of the preventive measures that will be taken to ensure that people who deposit money in other financial institutions subjected to Central Bank of Sri Lanka monitoring will not face similar issues?

      (b) If not, why?

       

Asked Date

2018-09-06

Asked by

Hon. Wimal Weerawansa, M.P.

Ministry

Finance

Legislature

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

Session

2

Question History

Answer

ETI deposit money to be given back to depositors

Answered Date

0000-00-00





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