The True Hidden Story of CIFL
(Lanka-e-News-04.Sep.2013, 11.30PM)
1) When Deepthi Perera collapsed industrial finance in 2010 why was no action taken if action was taken he would not have done the same thing to CIFL Mr Ekanayake
2) What was the action taken when he had a unauthorized finance company CIFL asset management?
3) What was the action taken when he gave false certificates to asset management depositors(he gave blue certificates CIFL certificates but in reality they were asset management certificates)?
4) Why was Deepthi Perera approved to run CIFL when he siphoned money from Industrial finance Mr Ekanayake?
5) Homagame housing scheme (where the money was siphoned off)the housing scheme was not a hidden secret it was started in 2006 from CIFL money. From the inception 30million rupees was stated as received as interests from aspic to cifl in the reports cifl published upto 2012 CBSL could have easily monitored it in the balance sheet. they could have easily known that the money was not coming in to CIFL.For them to overlook this for six long years surely is not a mistake. The overpaid nonbank finance division could be forgiven if it was only overlooked for a year or two For six long years its unbelievably pathetic even for you Mr Ekanayake
6) Why did you renew the CIFL license yearly for six long years Mr Ekanayake
7) Why the special harassment to Cifl Mr Ekanayake? What was the reason to not approve Asitha Koralage when the CIFL wanted him as the CEO to run its operation in may 2012
8) What was the reason not to approve Chandana desilva when cifl wanted him as the CEO to run its operation in December 2012 and again in February 2013 you and I know why Mr Ekanayake surely its not fit and proper its ETI
9) When all other finance companies were taking the CIFL managers for higher salaries why didn’t you take any action MR Ekanayaka when the CIFL management repeatedly complained to you? remember prime grameen Mr Ekanayake when you sent a circular to all other finance companies prohibiting its staff from joining its competitors
10) What was the action taken when CIFL managers went and sold the CIFL deposit base to its competitors Mr Ekanayake
11) What was the action you took when they(THE FORMER MANAGERS) were pulling out depositors from CIFL to their present finance companies(CIFL LOST NEERLY 300 MILLION WORTH DEPOSITS DUE TO THIS IRREGULARITY)
12) Why were you all in such a hurry to sack the CEO Jayantha Wickramaratne without having a replacement for him, without having a contingency plan for two long months CIFL did not have a CEO and you know Mr Ekanayake the outcome of not having a CEO For two long months in this highly competitive cutthroat business of finance
13) Why did you violate the finance act and approve Roscoe Maloney who didn’t have a bank guaranty who didn’t invest a cent to CIFL from may 2013 he brought the liability of CIFL high which of course helped your agenda to bring down CIFL and sell it to a song
14) What was the action taken against him and his wife?
15) Why wasn’t his Passport impounded as you promised the association you would do? Why was he allowed to escape so freely?
(Lanka-e-News-04.Sep.2013, 11.30PM)1) When Deepthi Perera collapsed industrial finance in 2010 why was no action taken if action was taken he would not have done the same thing to CIFL Mr Ekanayake
2) What was the action taken when he had a unauthorized finance company CIFL asset management?
3) What was the action taken when he gave false certificates to asset management depositors(he gave blue certificates CIFL certificates but in reality they were asset management certificates)?
4) Why was Deepthi Perera approved to run CIFL when he siphoned money from Industrial finance Mr Ekanayake?
5) Homagame housing scheme (where the money was siphoned off)the housing scheme was not a hidden secret it was started in 2006 from CIFL money. From the inception 30million rupees was stated as received as interests from aspic to cifl in the reports cifl published upto 2012 CBSL could have easily monitored it in the balance sheet. they could have easily known that the money was not coming in to CIFL.For them to overlook this for six long years surely is not a mistake. The overpaid nonbank finance division could be forgiven if it was only overlooked for a year or two For six long years its unbelievably pathetic even for you Mr Ekanayake
6) Why did you renew the CIFL license yearly for six long years Mr Ekanayake
7) Why the special harassment to Cifl Mr Ekanayake? What was the reason to not approve Asitha Koralage when the CIFL wanted him as the CEO to run its operation in may 2012
8) What was the reason not to approve Chandana desilva when cifl wanted him as the CEO to run its operation in December 2012 and again in February 2013 you and I know why Mr Ekanayake surely its not fit and proper its ETI
9) When all other finance companies were taking the CIFL managers for higher salaries why didn’t you take any action MR Ekanayaka when the CIFL management repeatedly complained to you? remember prime grameen Mr Ekanayake when you sent a circular to all other finance companies prohibiting its staff from joining its competitors
10) What was the action taken when CIFL managers went and sold the CIFL deposit base to its competitors Mr Ekanayake
11) What was the action you took when they(THE FORMER MANAGERS) were pulling out depositors from CIFL to their present finance companies(CIFL LOST NEERLY 300 MILLION WORTH DEPOSITS DUE TO THIS IRREGULARITY)
12) Why were you all in such a hurry to sack the CEO Jayantha Wickramaratne without having a replacement for him, without having a contingency plan for two long months CIFL did not have a CEO and you know Mr Ekanayake the outcome of not having a CEO For two long months in this highly competitive cutthroat business of finance
13) Why did you violate the finance act and approve Roscoe Maloney who didn’t have a bank guaranty who didn’t invest a cent to CIFL from may 2013 he brought the liability of CIFL high which of course helped your agenda to bring down CIFL and sell it to a song
14) What was the action taken against him and his wife?
15) Why wasn’t his Passport impounded as you promised the association you would do? Why was he allowed to escape so freely?
