Oversees+visits+banned+indefinitely+for+ETI+board+of+directors
Wednesday, 18 July 2018 - 11:23
Oversees visits banned indefinitely for ETI board of directors
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The ban of overseas visits for the board of directors of the ETI Finance Limited of Edirisinghe Group has been extended indefinitely by Colombo Fort Magistrate, Lanka Jayarathna today (Jul 18).

Accordingly, Jeevaka Edirisinghe, Nalaka Edirisinghe, Deepa Edirisinghe and Asanka Edirisinghe have been banned from travelling overseas indefinitely.

The court issued the travel ban after considering the submissions made by the Attorney General's Department.

The company is accused of not paying the billions of deposits made by the general public including pensioners in the ETI.

The ETI directors convened the depositors a number of times promising to repay the money, but they are yet to fulfill their commitments.

The depositors handed over letters to the Central Bank, Finance Ministry and Presidential Secretariat highlighting their plight.

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