Min Wickramaratne says information on persons engaged in CSE fraud will be revealed soon (Watch Report)

Min Wickramaratne says information on persons engaged in CSE fraud will be revealed soon (Watch Report)

Written by Staff Writer

23 May, 2015 | 8:55 pm

Deputy Minister of Highways, Higher Education and Investment Promotion Eran Wickramaratne says that information on individuals who committed acts of fraud and corruption during the past at the Colombo Stock Exchange will be revealed in the future.

He made this comment while speaking to reporters on Saturday.

Meanwhile, several other views were also expressed on the Colombo Stock Exchange.

Minister of Finance Ravi Karunanayake says that they will look into this in a proper manner and will look into who instructed for this to take place.

He went on to note that they will inquire as to who assassinated the country’s economy.

Meanwhile, Minister of Ports, Shipping and Aviation Arjuna Ranatunga points out that during the previous government, stealing was legalised and added that inquiries are taking place.

Here is a flashback into the alleged fraud said to have taken place at CSE.  Information has come to light that irregularities have taken place at the CSE in 2010, 2011 and 2012

The Securities and Exchange Commission launches investigations into the Kalpitiya Beach Resort IPO amounting to Rs. 283 million

Share price Reefcomber or Citrus Leisure PLC warrants drops to 10 cents.

Share prices of Lanka Hospitals PLC significantly spike on August 17, 2011

Shouldn’t a proper investigation be carried out to determine if;

– Insider Trading
– Market Manipulation
– Front Running,

have occurred at the CSE? Does this not warrant an extensive investigation?

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