@Wayne Abbott wrote:
Central Bank has informed depositors of the Central Investments & Finance PLC (CIFL) that receiving interest money allotted according to interest rates exceeding maximum rates approved by CB regulations is illegal.
The Central Bank has informed thus in a letter to the CIFL Depositors' Association, its secretary P.K. Mahindapala says.
It is said that the correspondence is sent as a reply to a letter sent to Central Bank by Mr. Mahindapala on Nov. 05.
However, Mr. Mahindapala has revealed to media that he has sent no such letter.
Earlier, 'Sri Lanka Mirror' revealed that though the CB authorized interest rate for a fixed deposit being 14.45%, CIFL has been granting an additional interest rate between 01% - 08% (to a maximum of 24%).
Thus the legal interest rate is mentioned in the certificate and the rest is given in cash up front.
Earlier, the Central Bank Monetary Board directive urged to convert CIFL’s deposit liabilities into nonvoting shares.
Meanwhile, it is said that the KPMG Auditors have concluded an audit into irregularities committed in the CIFL and handed over its report to the Central Bank.
Mr. Mahindapala has further said that there was an attempt to compensate CIFL depositors through the Colombo and Arugambay property of ASPIC, owned by main share holder and one time chairman of CIFL - Deepthi Perera.
However, the move has been put on hold due to an issue of stamp duties amounting to millions of rupees, Mr. Mahindapala has added.
Also, Deepthi Perera has rejected reports about him briefing his supporters that a foreigner who had agreed to purchase a land in Cambodia, owned by the last CIFL Chairman Roscoe- Malony faction, has agreed to invest money to solve this crisis.
The crisis ridden company already owns its depositors a sum of Rs. 03 billion and interest.
Dear Sri Lankan Forum,
Were did the funds come from to enable Mr Deepthi Perera to purchase Arugambay? Property of Aspic Corporation OR another identitiy Aspic Homes to then stop any revenue/profits being paid/returned per Investment by myself!
Now Deepthi Perera states he was a Partner in a company in Dubai
Now Deepthi Perera states he was in jail (After stating all incorrect in this forum)
Deepthi Perera has admitted changing his original name to Deepthi Perera
Deepthi Perera has stated he is trying to find Investors to acquire CIFL to support depositers (I was supplied this for 9 years with written documents stating my funds will be returned/Do not hold your breath it will not happen)
Now Deepthi Perera admits having nightclub in Dubai (after stating all was nonsense in previous comments in this forum)
Now he was supplied a shareholding in a Dubai company for Zero this is also a lie and can be verified by the shareholder of company Chelsea Warwick the daughter of Janet Warwick who has been contacted and verified all per Deepthi Perera's comments
Now Deepthi Perera has stated he went to Monash University this also also been proven this to be totally untrue
Deepthi Perera states he is not hiding and lives in Thailand next to Cambodia (Timber touchwood) and will be coming back to Sri Lanka soon?
Deepthi Perera Care and Consideration for all is so overwhelming Pitty he never thought of others until he was cornered!
What has happened to Lumbini Aquarium promised to myself for sale to reimburse my Investment many times this was presented and never happened!
Smallville I have a list of 3 lawyer firms in Sri Lanka who chased Deepthi Perera for years on my behalf and he continually lied misrepresented all,disguised all through fabricated documents in conjunction with Deepthi Perera's company accountant
Every company Deepthi Perera has opened has failed? but he has gained departure each and every time with no repercussions Fact Not Fiction!
The truths are Roshin formerly employed or still employed by CIFL knows Deepthi/Chulaka very well and she should also be brought to courts when Mr Deepthi Perera returns!
Deepthi Perera is responsible in conjunction with his directors and Company accountant for all the false documentation and continued and fabricated lies,they marketed massive returns to depositers tricked central bank into a IPO to enable his exit this also Now is visible as complete trickery,he had not sold out when CIFL went to IPO hoping all would turn for the betterment of his personal gains
He states he left all in 2008 why do I have email correspondence up to this year 2013 identifing himself Deepthi Perera as the Chairman of CIFL and Aspic this alone is a disguise to a shareholder which is straight out treachery at the highest order of criminality in any business community at No time stating he had departed from his position and sold out to another Criminal (Investor strategist) Roscoe Maloney/Meloney Leaving myself with zero.(Were in the worlds business community can a person with the highest personal shareholding and control of company in entirety just simply sell out his shareholding and not advise other shareholders/investors)
There is more but I'm pleased to see the facts are now visible to all and yes I am sorry to have been involved with such a criminal who will one day face the the Sri Lankan courts and be punished for his Ponzi procedures for his personal gains only!
What is your concern with Arugambay Property? Arugambay Property was bought by Aspic Corporations Funds.
Yes I was the Partner of A Company in Dubai and also the Chairman of another company In Dubai, Dont forget to mention I was Introduce to you By My partner and Met you also in Her Office.
And Me being in Jail has anything to do with you? And you knew that too. It was not anything to hide of,was just immaterial.
My name Change was done according to the Sri Lankan Law. So then again its my Choice, And I have published in 2 Sri Lankan News Papers Prior to do so. I dont have a reason to mention in this forum.
My finding Investors for CIFL is non of your Business. You got no deposits in CIFL. And Don't talk about your Money I found three Investors for you on Three Occasions and your attitude and behavior You couldn't complete those. My Lawyer also will bring the Share Transfer forms and agreements that you are still holding after almost a Year. How would any one can pay you with out the documents. Now you can do it on your own or with the support of the lawyers.
What is the connection to this forum of me running clubs in Dubai, And I ran completely legal, Approved, Clubs in Star Class Hotels.
My Shareholding in Dubai Companies has again nothing to do with you. And I don't have to prove to any one. If it is needed I can prove. But not in a Public forum like this.
Then again my Education, If it is needed It will be proven Which Monash. Which faculty, Which Year, I attended.
Again where I live is not your business too. I don't have to Hide, I was in Perth I told you to meet me, You didn't eve replied, I sent you messages, No replies, Where was your churchills and all lawyers, And when I want I will go to Sri Lanka, or Where ever I want.
I have an E mail rejecting Lumbini Offer.
You can Ask all your three Lawyers, to Sell your Shares. You have Invested to Aspic, and Issued Shares Obtained BOI status, Now the Shares are belongs to you. Please Ask them so they can help you. I did for many times, But you want money first in your account before Signing papers, and You don't want to Come to do the Transfer. Remember No one trust you either to do a deal. Did you gave Aspic the Money Like that, No you came Two times to Sri Lanka met Lawyers Sign Agreements, Share Certificates then you Send the Money. So others also will follow the Same procedure.
Every time I fail I closed or wind up the company, What is the repercussion, I loose the Money. And I informed all the closed and merged companies. If you wanted you would have come and manage I asked you to some. now you woke up the Dream?
Yes You must certainly Bring R.......I to the Courts She will reveal the truth.
You are no one to Decide who is responsible. It is slimier to you conned many in Dubai and in Germany Played out massive sums to people and was sent to Prison. And your solicitor was after me for his legal fees, So let the Sri Lankan Law decide who is wrong and who is right.
Wayne, I never said I left in 2008, its a Lie, and you never have an e mail from me saying i am the Chairman of CIFL. And I told you when I negotiated the Deal, your papers was signed at the same day as mine, you consented and given written instruction to a Lawyer in Sri Lanka to do the Transaction. How can you state that I have not informed you. You keep lying about the Transaction, How can you get anything when all the papers are in your Hand, Why don't you answer that,