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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » CIFL The Best Cover up of the year - Award Goes to CBSL

CIFL The Best Cover up of the year - Award Goes to CBSL

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samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
The most degraded and disrepute finance company CIFL mystery will never solve, Now the CBSL is sleeping on it until the depositors remove the court case against the capitalization of the Shares. And CID is waiting until Interpol Catch Deepthi Perera to resolve this case.
But there are more to the news, Why the CBSL could not bring a merger solution or take over solution with the prevailing case? Why they completely ignore CIFL while making the new plan for finance companies. And the complain lodged about CIFL in CID by the Director Non banking Herath Mudiyanselage Ekanayake have mislead the CID and the judiciary of of the Country. He wanted to cover up the Mistakes they have done in regulating CIFL.
More interestingly the CEO of CIFL and the Chairman still having their normal life and enjoying the moments with other Directors, Depositors are dying, In any Company or any Finance company is such large frauds taken place, will be the Directors and CEO and Chairman should be in Prison By Now, But questionably No one is being interrogated or produced before a magistrate till now. This clearly shows how efficient are the investigations. SEC and CSE Both have not conducted any inquiries in to why the fraudulent accounts were submitted by the Directors, Chairman him self a Charted Accountant and a Forensic Auditor had signed for these fraudulent accounts for CBSL and CSE.
The Questions are Why all the regulators and Police and law makers are silent on CIFL Directors? Who are behind them? is it Deepthi Perera who mastermind the whole thing and save them and vanished, Or is it Roscoe Maloney who is the Current Chairman keeping hands tight of these people, If they can put Lalith Kotalawala, Khawan Perera and Padmini Karunanayake to jail why not this gang? No one seems to be question authorities and innocent depositors are lost, Will they ever receive their money?
The Biggest question is who is going to charge CBSL for their Professional Negligence? HM Ekanayake is responsible for the regulating the finance company, If he saw CIFL was a Ponzi Scheme in 2011 how did he allow them to go to Stock market and How did he allow them to Mobilize More deposits, Where was the Audit report for 2012? I feel this whole CBSL drama is to Cover up their mistakes, if the CBSL and regulators are honest and professional by now HM Ekanayake should be Suspended and hold an independent Inquiry for the Professional Negligence, But now he is the Man who is leading the Case and Handling the Situation,

So where is the Justice for the Depositors.

greedy007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
GMNet may know Who is Samantha and Deepthi?

dougieboy


Moderator
Moderator
I saw GMNet saying he/she is new and only came to do   a job  here ( Hit man?) .  This person does not know anything of such as she is new.  It is  very clear IDs including Valueprick, Sstar is used to steal ideas from the others from the golden age without giving credit  to them. This is the sad state of the forum.

This post can be deleted but if it does people will know why and the truth more.



@greedy007 wrote:GMNet may know Who is Samantha and Deepthi?

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
Talking about Depositors and their fate, will not make me anyone, i am just trying to speak something that no one is interested here,

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Thanks for posting this. This is what happened in gold coin case, daduwam mudalali and sakwithi. CBSL makes jolly fun with them when the money is coming.

They are also experts at running education campaigns after the thieves have long gone.

Shanaka Pathirana


Equity Analytic
Equity Analytic
So Mr. Samantha Perera,

Are u really worried about the depositors?? I have been watching u for last two three weeks... u r knowledge about finance companies seems to be very familiar to Deepthi Perera....

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
@Shanaka Pathirana wrote:So Mr. Samantha Perera,

Are u really worried about the depositors?? I have been watching u for last two three weeks... u r knowledge about finance companies seems to be very familiar to Deepthi Perera....

What the hell Deepthi perera knows about finance companies, all he knew was only to rob and cheat innocent depositors,

Shanaka Pathirana


Equity Analytic
Equity Analytic
Mr. Samantha,

What exactly do u know about CIFL ?

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
@Shanaka Pathirana wrote:Mr. Samantha,

What exactly do u know about CIFL ?

What Exactly do you want to Know Mr.Shanaka?

Shanaka Pathirana


Equity Analytic
Equity Analytic
What happened to CIFL ??? why such a mismatch???

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
@Shanaka Pathirana wrote:What happened to CIFL ??? why such a mismatch???

My personal Opinion is they have taken money from their real estate projects, they create a joint venture and transfer money from CIFL to the Joint venture and since the JV company is not governed by CBSL they play with depositors money and at the end they will say the project lost money. A better way to say a business loss, but if you really look in to the accounts of all these JV companies you will be able to easily recognize the monies they have siphon out. And to cover this Gap they overvalue their current stock so it looks like they have assets, but in reality those are dud assets which got marginal values. And then you revalue the asset and there you go, the "Mismatch"

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Independent commission of inquiry should be appointed to
investigate this matter

Shanaka Pathirana


Equity Analytic
Equity Analytic
@samanthaperera879 wrote:
@Shanaka Pathirana wrote:What happened to CIFL ??? why such a mismatch???

My personal Opinion is they have taken money from their real estate projects, they create a joint venture and transfer money from CIFL to the Joint venture and since the JV company is not governed by CBSL they play with depositors money and at the end they will say the project lost money. A better way to say a business loss, but if you really look in to the accounts of all these JV companies you will be able to easily  recognize the monies they have siphon out. And to cover this Gap they overvalue their current stock so it looks like they have assets, but in reality those are dud assets which got marginal values. And then you revalue the asset and there you go, the "Mismatch"


Mr.Perera,

I agree with u ... But u are saying as if u have been there in CIFL or in the JV company. How come u know such story. One of my good friends worked at CIFL.... he also told me the same story.... Deepthi has mentioned that this was a business loss and cant take any action against that transaction... u also saying the same thing and with exact words... what a coincidence .... are u related to deepthi or have u met him recently?????

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
Mr. Pathirana, It is not that If I was there at CIFL, I was an Employee of CIFL who saw this Drama. And also have you notice my words such as, Play with depositors Money, Dud Assets, Overvalue Assets,
Are these words mean anything to you? have anywhere I mentioned legal actions cannot be taken? Not legal action they have to be hanged, all those words are linked serious crimes, with the time it will come. On what grounds you try to link me to Deepthi? or You are just trying to discredit me to protect IFL?

Shanaka Pathirana


Equity Analytic
Equity Analytic
@samanthaperera879 wrote:Mr. Pathirana, It is not that If I was there at CIFL, I was an Employee of CIFL who saw this Drama. And also have you notice my words such as, Play with depositors Money, Dud Assets, Overvalue Assets,
Are these words mean anything to you? have anywhere I mentioned legal actions cannot be taken? Not legal action they have to be hanged, all those words are linked serious crimes, with the time it will come. On what grounds you try to link me to Deepthi? or You are just trying to discredit me to protect IFL?


Mr. Samantha,

I asked from my friend, and he said that there wasn't Samantha Perera at CIFL... Can I have u r employee no?? I will check with my friend, coz he is still working there....

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
Oh Baby Boy, You think I will post my real name here and hammer the Criminals behind it, Comon man Grow Up and you are asking for my Employee ID number too...

Shanaka Pathirana


Equity Analytic
Equity Analytic
@samanthaperera879 wrote:Oh Baby Boy, You think I will post my real name here and hammer the Criminals behind it, Comon man Grow Up and you are asking for my Employee ID number too...


Ok Big Daddy.... I am the baby and you are the Big Daddy, which u have always been.... by the way how do u know whether I am a baby boy or a girl? Anyway truth is bitter...

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
@Shanaka Pathirana wrote:
@samanthaperera879 wrote:Oh Baby Boy, You think I will post my real name here and hammer the Criminals behind it, Comon man Grow Up and you are asking for my Employee ID number too...


Ok Big Daddy.... I am the baby and you are the Big Daddy, which u have always been.... by the way how do u know whether I am a baby boy or a girl? Anyway truth is bitter...

Oh Its a very Simple Logic, You said I am not samantha Perera and u checked my name, so you expected me to use my real Name here, So I presume you used your real name, And it is Shanaka, So i guess this must be a Boy. Yeah Truth is very bitter that's why you cant answer my question about interest payment to Deepthi.

So I will ask that Question again.

How exactly Kanrich paid to Deepthi 2.8 Million Per Month for many years, Whoes Money was that? If kanrich top management took over year ago it is 33 Million. Two years ago - 66 Million. Now this is Big Loads of Money. Where have they got that amount of money? is it depositors money? I need little bit of that Bitter Truth.

Shanaka Pathirana


Equity Analytic
Equity Analytic
@samanthaperera879 wrote:
@Shanaka Pathirana wrote:
@samanthaperera879 wrote:Oh Baby Boy, You think I will post my real name here and hammer the Criminals behind it, Comon man Grow Up and you are asking for my Employee ID number too...


Ok Big Daddy.... I am the baby and you are the Big Daddy, which u have always been.... by the way how do u know whether I am a baby boy or a girl? Anyway truth is bitter...

Oh Its a very Simple Logic, You said I am not samantha Perera and u checked my name, so you expected me to use my real Name here, So I presume you used your real name, And it is Shanaka, So i guess this must be a Boy. Yeah Truth is very bitter that's why you cant answer my question about interest payment to Deepthi.

So I will ask that Question again.

How exactly Kanrich paid to Deepthi 2.8 Million Per Month for many years, Whoes Money was that? If kanrich top management took over year ago it is 33 Million. Two years ago - 66 Million. Now this is Big Loads of Money. Where have they got that amount of money? is it depositors money? I need little bit of that Bitter Truth.


u are asking questions, as if I was the CEO or Chairman @ kanrich. Look here, I have no regard to these third class companies, where as we are aware of the real situation of the finance industry. How do I know the interest which being paid to deepthi is from depositors money ??? how could u categorize such payment like that. money could be depositors or from the lending collection income or from fresh funds. the main argument would be the rationale behind that kind of payment. As per my knowledge this payment was stopped 2 or 3 years back with CBSL intervening to it. hope u understood.

samanthaperera879


Senior Equity Analytic
Senior Equity Analytic
@Shanaka Pathirana wrote:
@samanthaperera879 wrote:
@Shanaka Pathirana wrote:
@samanthaperera879 wrote:Oh Baby Boy, You think I will post my real name here and hammer the Criminals behind it, Comon man Grow Up and you are asking for my Employee ID number too...


Ok Big Daddy.... I am the baby and you are the Big Daddy, which u have always been.... by the way how do u know whether I am a baby boy or a girl? Anyway truth is bitter...

Oh Its a very Simple Logic, You said I am not samantha Perera and u checked my name, so you expected me to use my real Name here, So I presume you used your real name, And it is Shanaka, So i guess this must be a Boy. Yeah Truth is very bitter that's why you cant answer my question about interest payment to Deepthi.

So I will ask that Question again.

How exactly Kanrich paid to Deepthi 2.8 Million Per Month for many years, Whoes Money was that? If kanrich top management took over year ago it is 33 Million. Two years ago - 66 Million. Now this is Big Loads of Money. Where have they got that amount of money? is it depositors money? I need little bit of that Bitter Truth.


u are asking questions, as if I was the CEO or Chairman @ kanrich. Look here, I have no regard to these third class companies, where as we are aware of the real situation of the finance industry. How do I know the interest which being paid to deepthi is from depositors money ??? how could u categorize such payment like that. money could be depositors or from the lending collection income or from fresh funds. the main argument would be the rationale behind that kind of payment. As per my knowledge this payment was stopped 2 or 3 years back with CBSL intervening to it. hope u understood.

Yes I understood !!

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