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Sources from Sri Lankan State controlled Financial Regulators including Central Bank of Sri Lanka and Securities and Exchange Commission of Sri Lanka along with the Government says that Government has stepped in to investigate Sri Lankan Billionnaire Dinesh De Zoysa and Sri Lankan Bond King Ajith Devasurendra's top trainee Investment Banker turned Ajith Fernando (connected to Jetwing Cooray Family) for giving advisory services for Ceylon Electricity Board - Sri Lanka's State owned Energy Utility for routing and placing over Rs.7.5 billion or a higher Fixed Deposit at state owned country's largest leasing market controller People's Leasing Company PLC (PLC).
According to sources Sri Lanka's state owned Energy Utility - Ceylon Electricity Board (CEB) has paid nearly Rs.75 million as advisory fee to privately owned Capital Alliance Group for giving advise to place it at state owned People's Leasing Company PLC (PLC).
Government is investigating why CEB being a government enterprise had to take advise from privately owned Capital Alliance Group (CAL) to deposit a fixed deposit at another government owned Non-Banking Financial Institution which is People's Leasing Company PLC (PLC).
According to sources Sri Lanka's state owned Energy Utility - Ceylon Electricity Board (CEB) has paid nearly Rs.75 million as advisory fee to privately owned Capital Alliance Group for giving advise to place it at state owned People's Leasing Company PLC (PLC).
Government is investigating why CEB being a government enterprise had to take advise from privately owned Capital Alliance Group (CAL) to deposit a fixed deposit at another government owned Non-Banking Financial Institution which is People's Leasing Company PLC (PLC).
