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K. C. Vignarajah, the Pramuka Bank Restructuring Committee chairman and its members the presidents of the two associations Ranjan Arambewela and Palitha Gamage will meet Central Bank officials today. Chandra Schaffter (Chairman NIC) and Janashakthi Capital the largest shareholder is also due to attend this meeting which will be focused on the Restructuring process and its priorities to reopen the bank, as early as possible.

"It has been impossible to obtain accurate information and data up to now. The amount of each sizable Deposit/loans, Maturity, Repayments dates, Rates of interest, type of security offered are required.

Therefore the Restructuring Committee hopes that the Central Bank will provide all details in order to convert educated guesswork into accurate figures in any Restructuring proposal," Pramuka Depositors' Association President Ranjan Arambewela said.

He said that the restructuring Committee wants all individual, institutional and cooperatives to be patient in the restructuring process and assures all depositors that the chairman of the committee will take all steps to safeguard their deposits and give maximum returns on their deposits as early as possible. "Recently, on June 30 and July 13 there were huge attendance of about 600-700 depositors and stakeholders at each meeting, where they poured out their hearts and raised questions relating to the management and or mismanagement of the Bank prior to and subsequent to its closure.

Vignarajah clarified each issue frankly and added that recriminations are not his forte, nor gathering of spilt milk, but gathering together and coordinating all the positive factors, and implementing innovative modes to give each stakeholder their respective due share is his strength.

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