Okanda Finance:

Directors ordered not to leave country

Sarath Malalasekera

Colombo Chief Magistrate and Additional District Judge Nishantha Hapuarachchi yesterday ordered the directors of the Okanda Finance Company not to leave the country without prior permission of the Court.

The Judge made this order on an application by Senior State Counsel Dulip Jayakody who produced an affidavit of Central Bank (CB) Director Sirisena Sepala Ratnayake. The Judge directed the directors of the Okanda Fiance Company to file their objections, if any, on the next date, January 30.

CB Officials submitted to court that the directors of the Okanda Finance Company had failed to supply the information requested by them.

Senior State Counsel Dulip Jayakody moved court to suspend the passports of the directors of the Okanda Finance Company as they are planning to leave the country. Senior State Counsel Jayakody also moved court to direct the Officers in Charge of the respective Police stations, where the directors of the Okanda Finance Company are living, to submit a report to court in connection with their movements. The case will be called on January 30.