CIFL crisis points to Central Bank’s failure

Wayne Abbott wrote:Surely all can understand WHY i would not accept this situation or payment of my shareholding via this method
1. Wrong currency in cheques but correct in Share Sale and Purchase Agreement have stipulated USD as this is the Currency I paid per my Investment
2. Lawyer  yahoo email account was to followup if at anytime any of the 12 monthly payments were not fowarded and if all not honoured was going to get my shareholding returned immediately?
3.This is the 4th attempt to cheat me in regards to a Investor purchasing my shareholding per the longivity of all this debacle Promises then nothing!
4. They requested I Sign Transfer of Shares in entirety to Roscoe Maloney OR R A Meloney on Cheques to Mr Sharm Fernando 73/153,St,Catherine Park, Hokandara North, Hokandara,Sri Lanka and he was to act as the Escrow to ensure firstly wrong currency was paid to were? and if not honoured follow up with the return of my shareholding? I leave this to your intelligence.

Wayne Abbott wrote:Shenani.Perera.1612 you have just joined 18/08/2013 interesting and who are you and do I need to really guess who you are simply put trying to discredit me with lies and more deceitful trickery I have never meet you in any form or meeting I will gladly forward all information for a open Forum showing all the trickery and also which is reatined by various lawyers in Sri Lanka

mark wrote:fatta pata pata topic eka

suddera wrote: 

mark wrote:fatta pata pata topic eka

`

Enjoying a lot !!!

stockup&down wrote:

suddera wrote: 

mark wrote:fatta pata pata topic eka

`

Enjoying a lot !!!

Expertise actually is it worthwhile keep this share further or sell it at a huge loss.

Wayne Abbott wrote:Good Evening,

I am the Foreign Investor who paid for all the entire acquistion of CIFL in 2004 with promised returns,then made a shareholder of Aspic Group effectively quashing my direct link to CIFL and so forth,also with the BOI recognizing my shareholding also the Prospectus issued prior to the floating of cifl,Nine years later i have received zero except lies from Mr Deepthi Perera and K.S.V. Fernando with statements that dividends will be paid but never happening
Mr Deepthi Perera always was questioned WHY? he was able to buy so much % shareholding of CIFL and were did he get the funds to do so!
He has lied and cheated all and myself the Foreign Investor was cheated and lied to over and over again with no assistance from BOI - Chartered Accountants and other associated protection bodies for investment into sri lanka
This will be presented to the media throughout the world as Sri Lanka is a disgrace in the business ethics that stand a structure in a good safeguard for foreign and local investors,all I have heard is excuses and no action to correct the wrongdoings by particulary Mtr Deepthi Perera and his board with the accountant Fernando many times I belive doing illegal summaries of company and many times questioned
I do hope a resolve can happen and my funds are reimbursed to again enhance the business ethics if Sri Lanka
Yours Sincerely
Cheated Foreign Investor
Wayne Steven Abbott

Redbulls wrote:Agreed with Balapas.

Today 2 accounts created, may be by a same person (who knows) to continue the discussion.

I think now the time is coming to take action on this thread by our Admin team.