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Onmax bosses hold Rs.800mn in accounts: CID informs court!

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Funds worth over Rs.800 million have been deposited in the accounts of the Board of Directors of Onmax DT (PVT) LTD which has been designated as a pyramid scheme, the Criminal Investigation Department (CID) informed the Colombo Chief Magistrate’s Court yesterday (12).

The CID informed the court that this was revealed during an investigation conducted in relation to a written complaint made by the Director of the Financial Intelligence Unit of the Central Bank of Sri Lanka (CBSL).

Rs.550 million in Sampath Sandaruwan’s account

The directors were identified as Kahandawa Arachchilage Athula Indika Sampath (Rs.29,567,044), Sinhala Pedige Gayashan Abeyratne (Rs.1,970,804), Lenduwage Sampath Sandaruwan (Rs.558,941,657), Galabada Vidhana Arachchilage Saranga Randika Jayatissa (Rs.182,563,641) and Mallawa Appuhamilage Dhananjaya Jayan (Rs.111,574,964).

However, the CID informed that there is no significant cash balance in the account of the company and informed the court that further investigations will be conducted.

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Kottu, Fried Rice prices reduced

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The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03). 

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

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Laugfs Gas also slashes prices

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Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

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Litro gas prices reduced

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Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.

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