The Kollupitiya Police have obtained a travel ban against Sena Yaddehige, Chairman of Richard Pieris Group, in connection with the alleged sexual abuse of a female business analyst from the company.

According to police sources, the victim, a 39-year-old resident of Colombo, lodged a complaint last month, claiming she was sexually abused by the Chairman on May 7 at a star-class hotel in Kollupitiya.

The complainant stated that she had been working remotely as a business analyst for the company for at least a month while the Chairman was overseas. 

On May 6, she was contacted by the company and informed that the Chairman had returned to Sri Lanka and wanted to meet her on May 7.

During the meeting at the specified location, the woman alleged that the Chairman sexually abused her. She subsequently reported the incident to the Kollupitiya Police, who then informed the Fort Magistrate.

Sources also mentioned that the Chairman left the country on the same day the incident occurred.

Source – dailymirror.lk

The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka (CBSL) has imposed administrative penalties on two financial institutions from 01 January 2024 to 30 April 2024.

According to the CBSL, administrative penalties were imposed on DFCC Bank PLC and Sampath Bank PLC. 

The FIU collected penalties amounting to Rs. 3 million in total from 01 January to 30 April 2024 to enforce compliance on Financial Institutions, while the money collected as penalties was credited to the Consolidated Fund.

The Coconut Development Authority has stated that there is no valid reason for a price increase of coconut oil in the local market.

CDA chairman – Prof. Roshan Perera has emphasized that there has been no tax hike on imported coconut oil.
Given the sufficient supply of coconut oil for domestic consumption, Prof. Perera asserted that any price increase is unjustifiable.

Additionally, a new regulatory program is being planned to control and stabilize coconut oil prices in the market, he added.

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