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Latest topics
» Will HARRY JAYAWARDENA lose his entire business helm
by soileconomy Today at 6:02 pm

» Sri Lanka Royal Ceramics increasing production of porcelain tiles
by DS Wijesinghe Today at 3:49 pm

» VONE Net Assets per Share Rs. 38
by nirowat Today at 3:27 pm

» ALUM COMMUNITY
by ruwan326 Today at 12:41 pm

» POLICY RATE UNCHANGED??
by worthiness Today at 9:50 am

» GEMS in AUGUST & SEPTEMBER
by TraderCSE Today at 9:27 am

» Plz any1 tell me about WAPO and SEYB.X
by dumifer Today at 8:48 am

» Sri Lanka’s Lanka Ceramics diversifies into quartz, palm oil
by Harry82 Today at 6:35 am

» FOR YOUR ATTENTION
by ruwan326 Today at 6:02 am

» CSEC and CFVF
by Teller Yesterday at 11:20 pm

» Good news - CB will keep rates unchanged
by Maharaja Yesterday at 11:01 pm

» LIOC Future in AUGUST
by Ran49 Yesterday at 10:28 pm

» GRAN touch 175 tommorrow
by Light of Hope Yesterday at 9:17 pm

» KZOO & CSE @ITS BESTවිලී ලජ්ජාවේ, සංතොසේ බැහැ
by ruwan326 Yesterday at 6:30 pm

» COMB BANK RIGHTS ISSUE
by Top Trader Yesterday at 3:30 pm

» SRI LANKA FINANCE SECTOR - HOLD - Mar 2017 - FC Research
by stockback Yesterday at 12:15 pm

» COCR will be star in next ASI Run
by stockback Yesterday at 11:39 am

» Game will start with SEMB
by man123 Yesterday at 11:31 am

» keep eye on MRH...
by samansilva Yesterday at 10:52 am

» CIFL--- BE CAREFUL
by Eugine Fernando Yesterday at 10:50 am

» KZOO-Be Careful
by Agape Yesterday at 10:23 am

» KZOO.N IS IT GOING TO BE ANOTHER WAPO
by ruwan326 Yesterday at 9:57 am

» KZOO - WHAT WOULD BE THE RIGHT TRADING PRICE ON THE 13TH JUNE
by ruwan326 Yesterday at 5:51 am

» any one can tell, whats going on in anilana hotels?
by sumanasiri Tue Jun 20, 2017 4:57 pm

» What will happned to REEF after RESTRUCTURED
by sumanasiri Tue Jun 20, 2017 12:04 pm

» WHAT HAPPENED TO Rs185/= KAZOO RIGHTS
by Miss-Sangeetha Tue Jun 20, 2017 11:02 am

» Will JKH touch Rs. 180
by worthiness Tue Jun 20, 2017 11:00 am

» JKH to sell their stake in Cinnamon Lake?
by Steve Jansen Tue Jun 20, 2017 9:39 am

» FLCH Browns Capital
by thankrishan Tue Jun 20, 2017 8:47 am

» AGST recorded huge loss
by Teller Tue Jun 20, 2017 2:53 am

» Will AINV.N go up or will go further Down
by Teller Tue Jun 20, 2017 12:58 am

» RENUKA CAPITAL PLC-Fomer KZOO
by ruwan326 Mon Jun 19, 2017 6:58 pm

» Why CITK and CITW Moving.
by Kashyapa Senarathne Mon Jun 19, 2017 1:57 pm

» FLCH WILL HIT 3.50
by thankrishan Mon Jun 19, 2017 10:07 am

» VONE.N0000 HOT SHOT .DON'T HESITATE
by ruwan326 Mon Jun 19, 2017 6:49 am

» LOFC Day Chart (MACD Position)
by stockback Sun Jun 18, 2017 5:42 pm

» TAP....TAP.......TAP............
by Richman Sun Jun 18, 2017 2:38 pm

» Sri Lanka: John Keells Holdings trying to advise SL Government to eliminate Global Booking Engines such as Agoda, Yohobed, Booking.com, TripAdvisor, FindMyFare, Expedia and AirBnB from Sri Lanka
by ruwan326 Sun Jun 18, 2017 9:17 am

» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
by kumarweerarathne Sat Jun 17, 2017 7:36 pm

» Sri Lanka: Don't Panic - Year to date Foreign inflow to CSE Tops Rs. 20 billion but Some Local Big Investors are purposefully selling to bring down the market
by ruwan326 Sat Jun 17, 2017 11:35 am

» Any idea on cable industry - KCAB, ACL, SIRA
by wallstreetguy Fri Jun 16, 2017 6:43 pm

» What will happen to the CIFL.N
by Neluka Karannagoda Fri Jun 16, 2017 6:19 pm

» Sri Lanka: World's largest stock Manipulator Raj Rajaratnam's trainee Now John Keels Leisure Sector Executive Director Krishan Balendra tries to disrupt Tourism Startups in Sri Lanka by marketing about Tax Loss to government
by Mark Levin Fri Jun 16, 2017 1:45 pm

» LOLC is going to hit 150 Very Soon
by kovida Fri Jun 16, 2017 12:13 pm

» look @ the dock,it can go up
by sumanasiri Fri Jun 16, 2017 11:17 am

» සමාගමක කොටස් ගත්තහම අපිට මොනවද හම්බෙන්නේ
by sumanasiri Fri Jun 16, 2017 10:57 am

» CFVF,CSEC,CINV CAN MOVE UP TIME TO ENTER
by sumanasiri Fri Jun 16, 2017 10:49 am

» GREG Possible to move at least Rs 14 every soon.
by Light of Hope Fri Jun 16, 2017 8:48 am

» MBSL MOVING UP....!
by wisdom79 Thu Jun 15, 2017 7:30 pm

» ABANS FINANCE PRODUCES NINE MULTI MILLIONAIRES
by fortuneteller Thu Jun 15, 2017 5:50 pm

» KZOO right paper
by ruwan326 Thu Jun 15, 2017 5:27 pm

» Abans group and the budget
by fortuneteller Thu Jun 15, 2017 4:36 pm

» Abans Group
by fortuneteller Thu Jun 15, 2017 4:34 pm

» BPPL Moving on
by kovida Thu Jun 15, 2017 2:13 pm

» How to access the my post topics/ Past posts in this forum
by CSE VIJAY Thu Jun 15, 2017 2:02 pm

» VONE will Hit Soon with Anual Report
by Elahara Thu Jun 15, 2017 11:35 am

» LOFC Chart 28.04.2017 (weekly chart)
by TraderCSE Thu Jun 15, 2017 11:12 am

» BFN 18+ guaranteed
by DS Wijesinghe Thu Jun 15, 2017 10:22 am

» Next week is Millionaires week
by anjelo Thu Jun 15, 2017 9:17 am

» SLND ANY IDEA
by tharanga1979 Thu Jun 15, 2017 8:41 am

» Very bullish market
by Hanoifortune Thu Jun 15, 2017 8:20 am

» PHAR ANY NEWS?
by Teller Thu Jun 15, 2017 12:26 am

» ASCO trending with LAND & Property
by Richman Wed Jun 14, 2017 9:59 pm

» VPEL ready to Run
by Teller Wed Jun 14, 2017 8:10 pm

» SFIN _DIVDEND
by Teller Wed Jun 14, 2017 8:09 pm

» AINV.N will move up soon
by Teller Wed Jun 14, 2017 8:06 pm

» Lotteries boards under foreign ministry
by Teller Wed Jun 14, 2017 8:03 pm

» CFVF.N Started Running
by Light of Hope Wed Jun 14, 2017 7:45 pm

» Any idea on odel?
by fortuneteller Wed Jun 14, 2017 4:52 pm

» HARI- HARISCHANDRA MILLS - CAPITALIZATION OF RESERVES
by Saman12 Wed Jun 14, 2017 11:12 am

» SEMB-Can give good Short Term Returns
by Agape Wed Jun 14, 2017 10:22 am

» BFL Result
by Deen79 Tue Jun 13, 2017 3:43 pm

» Save Money | The Game Plan
by tkc Tue Jun 13, 2017 11:37 am

» GRAN COMMUNITY
by sharemarket Tue Jun 13, 2017 10:26 am

» Foreign buying & selling
by yasbawi Tue Jun 13, 2017 8:32 am

» He says it's coming
by ruwan326 Tue Jun 13, 2017 7:21 am

» SFIN UPDATE
by thankrishan Mon Jun 12, 2017 4:38 pm

» When will be the right issue of AINV.N
by Neluka Karannagoda Mon Jun 12, 2017 12:28 pm

» Browns to sell 5 hotels
by reyaz Mon Jun 12, 2017 8:38 am

» Climate Change & SL Corporate sector. Are we ready?
by reyaz Mon Jun 12, 2017 8:32 am

» Tamil Translation - ஸ்டாக் மார்க்கெட் பேச்சு
by Quibit Mon Jun 12, 2017 8:07 am

» Sri Lanka Equity - සිංහල පරිවර්තනය
by Quibit Mon Jun 12, 2017 7:48 am

» TJL COMMUNITY
by samcader Sun Jun 11, 2017 8:46 pm

» CSE to include non-voting shares in IMC calculation
by Eugine Fernando Sun Jun 11, 2017 8:29 pm

» TKYO.N0000 What behind it ?
by saliya1000 Sun Jun 11, 2017 8:59 am

» TYRE COMMUNITY
by saliya1000 Sun Jun 11, 2017 8:21 am

» KZOO POSSIBLE FOR SUB-DIVISION OF SHARES BY 100
by ruwan326 Sat Jun 10, 2017 7:54 am

» Why is there more demand for PCH.N than PCP.N ?
by Neluka Karannagoda Fri Jun 09, 2017 12:31 pm

» CCS - RIGHTS ISSUE & SUBDIVISION OF SHARES
by ruwan326 Fri Jun 09, 2017 11:48 am

» PCHH Dilemma
by ruwan326 Fri Jun 09, 2017 9:01 am

» DAILY STOCK WATCH June.07.2017
by ruwan326 Fri Jun 09, 2017 8:59 am

» PCHH - Adam Capital
by soileconomy Fri Jun 09, 2017 6:54 am

» Sri Lanka forex reserves reach US$6.8bn US dollars: CB Governor
by predictor Thu Jun 08, 2017 11:55 pm

» VPEL history and now value ( Good rain and good dividend)
by Mega man Thu Jun 08, 2017 11:02 pm

» Bullish forum means there will be bullish market?
by ruwan326 Thu Jun 08, 2017 3:50 pm

» RENUKA CAPITAL PLC(Kazoo)
by ruwan326 Thu Jun 08, 2017 3:41 pm

» ලක්ෂයක් තැන්පත් කළා
by kovida Thu Jun 08, 2017 3:27 pm

» KZOO TRADING PRICE OF RIGHTS
by EquityChamp Thu Jun 08, 2017 2:19 pm

» KZOO ANY IDEA OF THE PRICE BEFORE RIGHTS?
by Eugine Fernando Thu Jun 08, 2017 1:37 pm

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Sri Lanka: Did Central Bank request Banks & Financial Institutions to control their Directors Behaviour at Board Meetings after Harry J's Daughter scold HNB CEO Jonathan Alles for rejecting Dinesh Weerakkody to Board? - Sources

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Sri Lanka: Did Central Bank request Banks & Financial Institutions to control their Directors Behaviour at Board Meetings after Harry J's Daughter scold HNB CEO Jonathan Alles for rejecting Dinesh Weerakkody to Board? - Sources

Post by Mark Levin on Wed May 31, 2017 1:30 pm

Sources close to Sri Lanka's Financial Circles and Bankers note that a recent move by Harry Jayawardena to appoint Sri Lanka's Tourism Minister John Amaratunga's eldest Son-In-Law Dinesh Weerakkody had been a failure in March 2017 and as a result Harry J's Eldest Daughter Ms. Sanjivani Jayawardena had ended up openly shouting using 'Filth' to reputed banker Jonathan Alles at a Board meeting for not allowing Dinesh Stephen Weerakkody to become a Director of HNB, a bank that is largely controlled by and (over 17% ownership) via Sanjivani Jayawardena's father Harry Jayawardena's businesses including Milford Exports (Ceylon) Limited, Stassen Exports Limited and Distilleries Company of Sri Lanka. 

Upon hearing this Non-Corporate Ja-Ela Thug 'John Bass' culture behaviour of Harry J's eldest daughter at country's second largest private bank - HNB and its CEO Jonathan Alles, Sri Lanka's Banking Regulator that has over 65 years old Central Banker - World's Oldest Central Banker (World's Largest Stock Market Manipulator, US Jailed Raj Rajaratnam's former Galleon Research Head) -Indrajit Coomaraswamy managed Central bank of Sri Lanka had warned all Bankers in the country and the entire banking Sector Director boards to control the behaviour of Directors of all banks and finacial institutions.

Sources close to Harry J also notes that switching of Finance Minister Ravi Karunanayake has shattered the Dream of Harry Jayawardena's motive of reversing Sri Lanka's Banking Act to take the control of key Sri Lankan Commercial Banks such as DFCC and Commercial Bank of Ceylon under his family control and ownership since Ravi's suggestion to reverse the private ownership of Licensed Commercial Banks to over 20%; is now seems not a plan under this government. 

One time during 1994-2005 Chandrika Bandaranaike Regime of Sri Lanka Harry Jayawardena started controlling country's entire private sector commercial banks and Sri Lanka's largest insurance company - SLIC - since he was favoured by then Lady President Chandrika as Harry J largely financed her Presidential Political Campaign with over Rs. 50 million in 1994 Presidential Elections.

Sources also note that Harry J has political stooges appointed to his companies especially from Sri Lanka's Tourism Minister's family including another Son-In-Law of 'Ja-Ela Thug John Bass' to Harry J's Heritance Hotel group where the other Son-In-Law holds key managerial position. 

In Mid March 2017, Hatton National Bank said that a scheduled Extra-Ordinary General Meeting (EGM) for March 27, will not be held.

The EGM was called in order to adopt a resolution to appoint Dinesh Stephen Weerakkody (Eldest Son-In-Law of Tourism Minister John Amaratunga) as a director of the bank.

“Hatton National Bank PLC (the “Bank”) on March 7, 2017, called for an Extra-Ordinary General Meeting (EGM) on 27th March 2017, pursuant to a requisition made under section 134 of the Companies Act No 7 of 2007, by the Distilleries Company of Sri Lanka PLC, Stassen Export Limited and Milford Export (Private) Limited (“the Requisitioning Shareholders”),” the bank said in a stock exchange filling.

“Subsequently, the bank has received a letter dated March 15, 2017 from the requisitioning shareholders, withdrawing the above-mentioned resolution.”

*Pursuant to the provisions of the Banking Act Directions No. 1 of 2007, the total collective voting rights in the HNB Bank, of Milford Exports (Ceylon) Limited, Stassen Exports Limited and Distilleries Company of Sri Lanka (who collectively hold 17.90% of the voting shares of the Bank) are limited to 10% of the total voting rights of the Bank with effect from 15th March 2012 as the voting rights in excess of such percentage is deemed invalid from that date.

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Re: Sri Lanka: Did Central Bank request Banks & Financial Institutions to control their Directors Behaviour at Board Meetings after Harry J's Daughter scold HNB CEO Jonathan Alles for rejecting Dinesh Weerakkody to Board? - Sources

Post by reyaz on Sun Jun 04, 2017 5:07 pm

Adding to this, since I also am an insider I can tell you how dirty and cunning Cabraal is. One wedding I was also in vited to, Cabraal and Mr. Lalith Kotalawala was also invited. It was in 2007 Somewhere around August, Kotalawala was talking to Cabraal and all of a sudden the face of Cabraal changed. Kotalawala was getting intimidated by the look of his face. It was a sillent war if you will, but it was just after that seylan bank got into liquidity crisis
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Re: Sri Lanka: Did Central Bank request Banks & Financial Institutions to control their Directors Behaviour at Board Meetings after Harry J's Daughter scold HNB CEO Jonathan Alles for rejecting Dinesh Weerakkody to Board? - Sources

Post by reyaz on Sun Jun 04, 2017 5:14 pm

Seylan went down after golden key credit card company.
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