Dec 08, 2021

CID complaint to be filed against CDB directors (Video)

A joint call has been made to arrest and seek legal redress against the directors of Citizens Development Business Finance PLC (CDB) over forging documents.

Several collectives including the Joint Association of Leasing and Debtpayers and the National Movement for the Protection of Consumer Rights are preparing to file a CID complaint in this regard.

According to the circular No. 9 of 2021 issued by the Central Bank of Sri Lanka (CBSL), vehicles are prevented from being seized in the event the owner is unable to keep up with lease payments. However, the CDB faces charges of forging documents that say otherwise, to seize a vehicle. They had even obtained the assistance of the Gokarella police OIC for this, reports say.

Speaking to 'Sri Lanka Mirror,' Sanjaya Ma hawatta - convenor of the Joint Association of Leasing and Debtpayers as well as Ranjith Vithanage - the chairman of the Protection of Consumer Rights said that the complaint would lodged against the CDB directors - Mahesh Nanayakkara, Dimith Tennakoon, D.A. De Silva, Roshan Abeygunawardena, Sasindra Munasinghe and Prof. Sampath Amaratunga.

Mr. Mahawatta and Mr. Vithanage further reveal that the Gokarella police is forcibly retaining the said vehicle without releasing it. The vehicle is linked to a civil dispute.

Noting that it is against the Penal code to retain a vehicle without a criminal charge, they said that the Ministry of Public Security and its minister - Sarath Weerasekara would be informed about this.

Civil activist - Pradeep Sanjeewa Perera further said :