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Is this Real?

5 posters

Go down  Message [Page 1 of 1]

1Is this Real? Empty Is this Real? Fri Mar 11, 2011 8:12 am

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

http://www.tamildaily.net/2011/03/08/lolc-deputy-chairman-ishara-nanayakara-flees-the-country-amidst-cid-inquiry-on-fraud-lanka-news-web/

LOLC Deputy Chairman Ishara Nanayakkara has fled the country amidst a CID investigation into an illegal acquisition of land on Cotta Road in Colombo, sources from the Police Headquarters said.

When the Chief Executive of the Taprobane Company, Kamantha Amerasinghe was summoned by the CID for questioning about this illegal land transaction, he had revealed many details about the millionaire businessmen Ishara Nanayakkara and Ajith Devasurendra to IP Mohan Siriwardena.

He has told the CID that he had signed cheques amounting to millions of rupees to be given to several politicians and high ranking government officials by the Taprobane Company due to pressure from the two businessmen.

It is in this backdrop that Ishara Nanayakkara has fled the country and has telephoned several politicians and asked them to help him get out of this mess and has also promised large bribes to high ranking officers to clear the allegations against him.

http://www.tamildaily.net/2011/03/08/lolc-deputy-chairman-ishara-nanayakara-flees-the-country-amidst-cid-inquiry-on-fraud-lanka-news-web/

How credible is this article?? Does anyone know anything about the truthfulness of this issue?? LOLC has rejected the claim saying that its false. Is it really false??

READERS ARE WARNED TO VERIFY THE ACCURACY OF THE ABOVE ARTICLE.



Last edited by GMNet on Mon Oct 15, 2012 1:47 pm; edited 3 times in total (Reason for editing : Reader warning inserted by the admin)

2Is this Real? Empty Re: Is this Real? Fri Mar 11, 2011 8:25 am

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

MoneyMaker wrote:LOLC Deputy Chairman Ishara Nanayakkara

has fled the country amidst a CID investigation

into an illegal acquisition of land on Cotta Road

in Colombo, sources from the Police Headquarters said.

When the Chief Executive of the

Taprobane Company, Kamantha

Amerasinghe was summoned by

the CID for questioning about this

illegal land transaction, he had

revealed many details about the

millionaire businessmen

Ishara Nanayakkara and

Ajith Devasurendra to

IP Mohan Siriwardena.

He has told the CID that he

had signed cheques amounting

to millions of rupees to be given

to several politicians and high

ranking government officials

by the Taprobane Company

due to pressure from the

two businessmen.
It is in this backdrop that Ishara Nanayakkara

has fled the country and has telephoned

several politicians and asked them to help

him get out of this mess and has also

promised large bribes to high ranking

officers to clear the allegations against him.

http://www.tamildaily.net/2011/03/08/lolc-deputy-chairman-ishara-nanayakara-flees-the-country-amidst-cid-inquiry-on-fraud-lanka-news-web/

How credible is this article?? Does anyone know anything about the truthfulness of this issue?? LOLC has rejected the claim saying that its false. Is it really false??

I insult nobody and deny nothing as I need to find out more info about this but the source mentioned makes highly controversial statements at times. So we should not panic. A reputed company like LOLC will make available such data to CSE if this was the case isn;t it?

3Is this Real? Empty Re: Is this Real? Fri Mar 11, 2011 8:36 am

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

MoneyMaker wrote:LOLC Deputy Chairman Ishara Nanayakkara

has fled the country amidst a CID investigation

into an illegal acquisition of land on Cotta Road

in Colombo, sources from the Police Headquarters said.

When the Chief Executive of the

Taprobane Company, Kamantha

Amerasinghe was summoned by

the CID for questioning about this

illegal land transaction, he had

revealed many details about the

millionaire businessmen

Ishara Nanayakkara and

Ajith Devasurendra to

IP Mohan Siriwardena.

He has told the CID that he

had signed cheques amounting

to millions of rupees to be given

to several politicians and high

ranking government officials

by the Taprobane Company

due to pressure from the

two businessmen.
It is in this backdrop that Ishara Nanayakkara

has fled the country and has telephoned

several politicians and asked them to help

him get out of this mess and has also

promised large bribes to high ranking

officers to clear the allegations against him.

http://www.tamildaily.net/2011/03/08/lolc-deputy-chairman-ishara-nanayakara-flees-the-country-amidst-cid-inquiry-on-fraud-lanka-news-web/

How credible is this article?? Does anyone know anything about the truthfulness of this issue?? LOLC has rejected the claim saying that its false. Is it really false??

u miss this
One Comments to “LOLC Deputy Chairman Ishara Nanayakara flees the country amidst CID inquiry on fraud. -Lanka News Web.”
LOLC Legal Department says:
March 9, 2011 at 4:12 AM
ANNOUNCEMENT BY LANKA ORIX LEASING COMPANY PLC (LOLC)
Lanka Orix Leasing Company PLC (LOLC) wishes to confirm categorically that the contents of an article which appeared in this web site is absolutely false and is written with malice to damage the reputation of our Company and of our Deputy Chairman.
Mr. Ishara Nanayakkara, the Deputy Chairman of the LOLC Group has had no involvement what so ever, personally or through any company on which he holds directorship, with any land transaction as enumerated in this article.
LANKA ORIX LEASING COMPANY PLC
No. 100/1 Sri Jayewardenepura Mawatha,
Rajagiriya,
Sri Lanka.

http://www.tamildaily.net/2011/03/08/lolc-deputy-chairman-ishara-nanayakara-flees-the-country-amidst-cid-inquiry-on-fraud-lanka-news-web/

4Is this Real? Empty Re: Is this Real? Fri Mar 11, 2011 8:56 am

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

This publishing website(www.tamildaily.net) should be blocked for publishing information of this nature. I hope that LOLC has a Law suite already against the owners of the website which published this information.

Information like this is going to ruin the image of Sri Lankan businesses with local and foreign investors.

5Is this Real? Empty Re: Is this LOLC FRAUD??!!!! Fri Mar 11, 2011 12:14 pm

nuwank


Senior Equity Analytic
Senior Equity Analytic

Please stop spreading rumours about companies and individuals. I just contacted the company and apparently Ishara had left the country to attend the Orix office in Japan. I think the company should file a report and find out who is behind these false stories and prosecute them at least for defamation.

6Is this Real? Empty Re: Is this Real? Sat Mar 12, 2011 1:49 pm

ISURU

ISURU
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

What a excellent delivery by Nuwank Wink

7Is this Real? Empty Re: Is this Real? Sat Mar 12, 2011 2:23 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

MoneyMaker wrote:This publishing website(www.tamildaily.net) should be blocked for publishing information of this nature. I hope that LOLC has a Law suite already against the owners of the website which published this information.

Information like this is going to ruin the image of Sri Lankan businesses with local and foreign investors.



MoneyMaker I presume you posted the original article as you were in doubt that it might contain some truth and now after discussing in this forum you got convinced it is false( as you say above) ?

Just be careful about these controvetial sites as it can cause more harm to new comers. Am glad of what Nuwank did to check with company directly.

There are dime a dozen website which publishes controversial material without Authority or proof about well respected companies. I too come across them but I read them with reserve and take care not to give more publicity by exposing them as it can cause more harm than good. Few months ago I recall there was such an article abour RICH. Then due to panic selelrs prices stated coming down for a brief while. I guess some people panic when they see such articles and sell without checking the truth.

I hope you understand what I am saying.

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