Fort Magistrate Lanka Jayaratne today restricted eight directors of Perpetual Treasuries Ltd from travelling abroad without the permission of the Court.
Geoffrey Aloysius, Arjun Aloysius, Geoffrey Anton, Chitra Ranjan Hulugalle, Pushya Mithra Gunawardena, Muthuraja Surendran, Ajan Punchihewa and Sanjeewa Fernando who were directors of PTL have been restricted by the Court over traveling abroad.
Allowing the prosecution’s request to partially ban the travel abroad, the Magistrate observed the fact that PTL as the company is a suspect into the inquiry and in the event if the company is found guilty the directors of the company may be also held liable on behalf of the company.
The market value of the investments made by the Employees’ Provident Fund (EPF) in companies…
The prices of cigarettes have been increased from tomorrow (January 11) in line with the…
The prices of liquor will also increase by approximately 6% following the hike in Excise…
Former Sri Lankan Ambassador to Russia, Udayanga Weeratunga, has been arrested by the Mirihana Police.
The Container Transport Vehicle Owners Association reports that between 800 to 1,000 container transport vehicles…
Objective once again is to further make the monetary policy implementation effective while making it…