AG forwards indictments against Ex-Directors of Swarnamahal

Colombo (News 1st); Attorney General Dappula De Livera forwarded indictments against the former directors of Swarnamahal Jewellers Pvt Ltd with the Colombo High Court for operating financial business without a license.

State Counsel Nishara Jayaratne, the Coordinating Officer to the Attorney General speaking to News 1st said indictments were forward as per the provisions of the Finance Business Act. Earlier, it was reported Swarnamal Jewellers had obtained cash deposits of Rs. 7.2 Billion without any approval from the Central Bank of Sri Lanka and without any registration with the Central Bank of Sri Lanka.