FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Sri Lanka:Ranil and UNP Goons trying to remove Ranee Jayamaha from HNB Board since she exposed N.R.Gajendran and Rajendra Theagarajah's Rs.3.5 billion Tax Fraud - HNB Insiders

Sri Lanka:Ranil and UNP Goons trying to remove Ranee Jayamaha from HNB Board since she exposed N.R.Gajendran and Rajendra Theagarajah's Rs.3.5 billion Tax Fraud - HNB Insiders

Go down  Message [Page 1 of 1]

Business Basil


Manager - Equity Analytics
Manager - Equity Analytics


HNB Insiders say Sri Lanka's 'So Called' People rejected Prime Minister's landmark speech that highlighted even HNB Chairperson Ranee Jayamaha since it is now revealed that Ranil and some present UNP goons want to remove Ranee Jayamaha from HNB as a 'Revenge' act against removing Rajendra Theagarajah as HNB Managing Director/CEO since Rajendra Theagarajah was caught helping N.R. Gajendran to earn over Rs.350 million within a span of over a 5 to 6 years horizon as payment from HNB 'for Tax Consulting' in which case N.R. Gajendran was helping Rajendra and HNB to evaded taxes to the tune of over Rs.3.5 billion at times when HNB was headed by 'Dirty' Harry Jayawardena who mainly funded 'Dirty Chandrika's' second political campaign that brought in 'Dirty Ranil Wickremasinghe' and 'Dirty Ravi Karunanayake' to power under a SLFP New President.


It is revealed in Accountants Circles that N.R. Gajendra was not even given the position to become the President of Institute of Chartered Accountants of Sri Lanka due to Gajendra's 'Tax Fraud' that mainly involved in a state owned Bank being advised by Gajendra to evade tax to state treasuries.


However it is now discussed that Ranil is trying help Gajendran to come back to give tax advisory to Ranil's businesses (that is owned under his mother's name) and Finance Minister Ravi Karunanayake's businesses to evade tax while allowing Gajendran to do all accounting work of State Owned Enterprises so that Gajendran will be earning over another Rs.1 billion as Tax Consulting fee for helping Ranil-MY3 regime's state enterprises to evade tax.

International Accounting Bodies and worldwide Tax Consultants have thus taken steps to ban and blacklist 'N.R.Gajendran' from becoming a tax consultant to foreign bodies since he is now a politically exposed person.


Those days prior to Rajendra's resignation it was found out that in 2012 Financial year alone Tax Evasion amount by HNB alone was over Rs.600 million upon advisory of N.R. Gajendran.


Read that Report Below from The Galle Road Journal 

http://galleroadjournal.blogspot.com/2013/10/gajendras-gajma-company-and-rajendra.html

Gajendra's GAJMA & COMPANY and Rajendra Theagarajah caught up in HNB Tax Fraud

Hatton National Bank has been involved in a large scale tax evasion where it has not paid mandatory company taxation to the government, reports say.

Sri Lanka:Ranil and UNP Goons trying to remove Ranee Jayamaha from HNB Board since she exposed N.R.Gajendran and Rajendra Theagarajah's Rs.3.5 billion Tax Fraud - HNB Insiders 35-012-495x205
Former HNB CEO Rajendra Theagarajah

The tax advisor to the bank Charted Accountant R .Gajendran’s GAJMA & CO is said to be a main partner in this fraud.

Meanwhile, reports say that in order to thoroughly investigate the complaints received against the particular company the Central Bank has taken steps to direct the investigations to the Finance Ministry.

HNB has been engaged in the tax evasion process for the past 5 to 6 years with the assistance of the officers attached to Inland Revenue Department, reports say.

Sri Lanka:Ranil and UNP Goons trying to remove Ranee Jayamaha from HNB Board since she exposed N.R.Gajendran and Rajendra Theagarajah's Rs.3.5 billion Tax Fraud - HNB Insiders Z_p-56-Positive
Tax Consutant - N.R. Gajendran

The bank has allegedly evaded around Rs 600 million of company tax, reports add.

In its preliminary investigations, the Central Bank has revealed that half of the evaded tax has been divided between the tax advising company and the officers at the Revenue Department involved.

The current Chairperson of the bank Ranee Jayamaha has also been able to identify the wrongdoing through an internal probe, reports further say.

According to field sources, GAJMA & CO has been previously alleged of tax irregularities, which occurred in connection with National Lottery Board.

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Basil, I heard Ravi Karunanayake is acting as the Cashier of Harry Jayawardena and Harry J's is asking Ravi to appoint him back to HNB or Harry J will increase HNB stake from DFCC.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum