Pyramid Wilmar to take legal action against defamatory allegations

Date:

Pyramid Wilmar (Pvt) Ltd. said it would be taking legal actions against defamatory allegations levelled against the company involving the importation of sugar by certain parties.

In a statement, the company noted that Pyramid Wilmar, has, at all times, acted fully in compliance with all applicable laws and regulations of Sri Lanka and has conducted itself in an ethical manner upholding the highest standards of corporate behaviour.

Full Statement:

Pyramid Wilmar (Private) Limited and its Board of Directors wish to inform its loyal stakeholders and the general public that, in recent times, there have been several false and malicious defamatory allegations levelled at Pyramid Wilmar (Private) Limited and its Directors, with regard to the importation of sugar during the period October 2020 to February 2021.

Our Company wishes to place on record the fact that it has, at all times, acted fully in compliance with all applicable laws and regulations of the Democratic Socialist Republic of Sri Lanka and has conducted itself in an ethical manner upholding the highest standards of corporate behaviour.

Our Company, being part of one of the leading agribusiness groups in Asia, takes pride in having made immense contributions to the National Economy over the years and takes any defamatory statement made against it and/or its Directors, seriously.

Our Company has already taken steps to initiate legal action in this regard.

Our Company wishes to assure its loyal stakeholders and the general public that it will do its utmost to contribute to the National Economy during these trying times and place on record the fact that the aforesaid defamatory statements are false and baseless.

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