Central Bank identifies additional entities involved in prohibited schemes

Date:

April 23, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has announced the identification of eight additional entities involved in conducting or having conducted prohibited schemes.

In a notice addressed to the general public, the Central Bank emphasised that participating in pyramid schemes constitutes a punishable offense under Sri Lankan law.

The CBSL reiterated its ongoing efforts to safeguard consumers and preserve the integrity of the financial system by combatting illicit financial activities.

Share post:

spot_imgspot_img

Popular

More like this
Related

Ex-SriLankan Airlines Head Nishantha Wickramasinghe remanded amid ongoing corruption probe

Ex-SriLankan Airlines Head Nishantha Wickramasinghe remanded amid ongoing corruption probe

Mass graves everywhere, but where are the killers?

Mass graves everywhere, but where are the killers?

President calls for rejection of nationalist divisions and a return to ethical social foundations

President calls for rejection of nationalist divisions and a return to ethical social foundations

Sri Lanka’s export revenues show upward trend in early 2025

Sri Lanka’s export revenues show upward trend in early 2025