Lanka Transformer Limited Holdings (Pvt) Ltd, a subsidiary of Ceylon Electricity Board has come under criticism for allegedly committing one of the largest financial frauds in the country by transferring its shares and dividends illegally amongst its top management.
Mismanaging of workers’ trust Lanka Transformers Ltd in the spotlight for transferring funds, shares
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth
