UNP vows to prove the truth

sriranga · 1 UNP vows to prove the truth Thu Jun 07, 2012 1:29 am

sriranga

Co-Admin

Posts : 6822
Equity Stars : 23227
Reputation : 2855
Join date : 2011-02-01
Location : London

UNP yesterday vowed to prove the truth with regard to whether EPF investments in non-blue chips are legal or illegal.

“We categorically dismiss the renewed claims by the Central Bank and the EPF that its investments in non-blue chips are within the law. We will get the correct advice and take necessary action to prove our stand,” UNP MP Dr. Harsha de Silva told the Daily FT last night in response to the latest statement issued by the EPF.

Despite allegations and counter allegations, contentious EPF’s investment strategy is expected to come up again today (7 June) in Parliament, sources said.
http://www.ft.lk/2012/06/07/unp-vows-to-prove-the-truth/

manula · 2 Re: UNP vows to prove the truth Thu Jun 07, 2012 9:57 am

manula

Vice President - Equity Analytics

Posts : 1171
Equity Stars : 6220
Reputation : 55
Join date : 2011-04-18
Location : Qatar

They also wake up now only... Very Happy

The Alchemist · 3 Re: UNP vows to prove the truth Thu Jun 07, 2012 10:15 am

The Alchemist

Senior Manager - Equity Analytics

Posts : 590
Equity Stars : 5365
Reputation : 48
Join date : 2012-04-08

manula wrote:They also wake up now only...

100 % agree with you. very belated response with hindsight. If they felt so strongly when the actual "fishy" deals took place in the bull market, they should have shouted from the rooftops ! That is responsible action. now when the market has collapsed, they are rendering the government institutions impotent to take advantage of very low prices and accumulate in the market. as i mentioned before in another article, this is a purely for political mileage and with scant disregard either for the market participants or the future pension fund beneficiaries. very Harsh of you Dr !

Chinwi · 4 Re: UNP vows to prove the truth Thu Jun 07, 2012 11:45 am

Chinwi

Associate Director - Equity Analytics

Posts : 3097
Equity Stars : 9155
Reputation : 418
Join date : 2010-06-08
Location : Asia

The Alchemist wrote:

manula wrote:They also wake up now only...

100 % agree with you. very belated response with hindsight. If they felt so strongly when the actual "fishy" deals took place in the bull market, they should have shouted from the rooftops ! That is responsible action. now when the market has collapsed, they are rendering the government institutions impotent to take advantage of very low prices and accumulate in the market. as i mentioned before in another article, this is a purely for political mileage and with scant disregard either for the market participants or the future pension fund beneficiaries. very Harsh of you Dr !

මෙහමනේ , බැරිවෙලාවත් මාකට් එක උඩ ගියානම් කැ ගහපු එකා ඉවරයිනේ.
එක නිසා බහිනකම් බලන් හිටිය. - නැග්ගනම් සද්ද නැහැ.

අර කිලිනොච්චි මැදවච්චි වැඩෙන් ඉගෙන ගත්ත පාඩම තමයි ඔය.

As you said the Govt. funds are loosing a good opportunity to collect at bargain levels. We also suffer due to this.

DISCE AUT DISCEDE !

Some people who failed to get at least 2 C passes in GCE A/L at Arrrr O vai A el were sent abroad to join cheap colleges. When brought back, pose as the best PhD holders in Sri lanka. No wonder , not reluctant to play dirty games in politics.