Nihal Sri Files Fresh Motion Over Hotel Developers For Loss Of Over Rs. 7 Billion To The State
June 27, 2012
Lawyers for Nihal Sri Ameresekere has filed a Motion on 19 June in the District Court of Colombo Case No. 217/CO with copies of Letters sent by them to seven Government Directors of Hilton, namely: Chairman Tirukumar Nadesan, former Chairman Nawaz Rajabdeen, Director V. Kanagasabapathy, Director N. Warusavitharana, Director K.V.N Jayawardena, Director Kosala R. Wickramanayake and Director Tissa Wickramasuriya putting them on notice of being liable to be personally sued under the provisions of Companies Act No. 7 of 2007 for causing loss of over Rs. 7 billion to the State.
Legal circles have opined that the Government should take action and enforce the law regardless of the persons involved.
June 27, 2012
Letters sent to Directors notifying them of personal liability for loss of over Rs. 7 b to the state
Lawyers for Nihal Sri Ameresekere has filed a Motion on 19 June in the District Court of Colombo Case No. 217/CO with copies of Letters sent by them to seven Government Directors of Hilton, namely: Chairman Tirukumar Nadesan, former Chairman Nawaz Rajabdeen, Director V. Kanagasabapathy, Director N. Warusavitharana, Director K.V.N Jayawardena, Director Kosala R. Wickramanayake and Director Tissa Wickramasuriya putting them on notice of being liable to be personally sued under the provisions of Companies Act No. 7 of 2007 for causing loss of over Rs. 7 billion to the State.Legal circles have opined that the Government should take action and enforce the law regardless of the persons involved.
Chairman Tirukumar Nadesan and wife Nirupama Rajapaksa
In the Letter to Chairman Tirukumar Nadesan, his Lawyers had pointed out that under Article 52 of the UN Convention Against Corruption, to which Sri Lanka is a party, he could be deemed to be a politically exposed person.
In the Letter to former Director General, Department of Public Enterprises, V. Kanagasabapathy, his Lawyers had pointed out that he is a Chartered Accountant and had been a Member of the Council of the Institute of Chartered Accountants of Sri Lanka, and stands bound by the applicable Professional Standards and the Code of Professional Conduct and Ethics of the said Institute.
In the Letter to K.V.N. Jayawardena, his Lawyers had pointed out that he is an Attorney-at-Law and that in terms of Rule 11 of the Supreme Court (Conduct of and Etiquette for Attorneys-at-Law) Rules 1988, an Attorney-at-Law is prohibited from accepting any professional matter, which would involve him in the commission or in the furtherance of the commission of an offence and that he is a Member of the Company Law Advisory Commission, which was responsible for the formulation of Companies Act No. 7 of 2007.
Excerpts of the letter sent to Hotel Developers Chairman
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In the Letter to K.V.N. Jayawardena, his Lawyers had pointed out that he is an Attorney-at-Law and that in terms of Rule 11 of the Supreme Court (Conduct of and Etiquette for Attorneys-at-Law) Rules 1988, an Attorney-at-Law is prohibited from accepting any professional matter, which would involve him in the commission or in the furtherance of the commission of an offence and that he is a Member of the Company Law Advisory Commission, which was responsible for the formulation of Companies Act No. 7 of 2007.
Excerpts of the letter sent to Hotel Developers Chairman
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