Sri Lanka, Oct. 15 -- The Central Bank of Sri Lanka (CBSL) has urged depositors who invested money in companies accused of illegally accepting deposits to provide relevant information to the Bank, warning that protecting such institutions could jeopardise their chances of recovering their investments.Sri Lanka Travel
CBSL Governor Dr. Nandalal Weerasinghe said the decision to freeze the accounts and assets of six companies was taken to protect the public from financial losses arising from unauthorised deposit-taking activities.
He made these remarks at a media briefing held at the Central Bank on Tuesday (13) to release the annual Financial Stability Review. Responding to questions about the value of funds frozen in the accounts of the si...