Risk of Onmax DT losing funds held by CBSL



It has been warned that persons who have invested in Pyramid schemes that have had their accounts frozen by the Central Bank of Sri Lanka, could lose their funds.

Mr. Tharindu Rathnayake, convener of the Sri Lanka Anti-Pyramid Force (SLAPF) says that around Rs. 30,000 million in such frozen accounts could be lost to their investments under the domestic debt restructuring programme.

He had said this after the SLAPF attended a meeting at the Presidential Secretariat yesterday (27).

Noting that the CBSL had not give an opportunity to inquire about the money in such pyramid scheme accounts, Mr. Ratnayake said that when he came to the meeting and requested for such an opportunity to do so, they were told to submit a formal request.

Accordingly, the SLAPF had submitted this matter in writing to the Presidential Secretariat, he added.

Mr. Rathnayake also revealed that among the frozen accounts were funds of the Onmax DT pyramid scheme in which most deceived people had invested in so far.


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