Further hearing of ETI case fixed for 25 September

By Kavindya Perera | Published: 2:00 AM Jul 1 2020

By Kavindya Perera

The Supreme Court (SC) yesterday (30) fixed further hearing of the Fundamental Rights petition filed by ETI depositors, requesting the Court to issue an order to the Central Bank to repay the monies squandered by this finance company to depositors, to 25 September.

A three-Judge Bench of the SC consisting of Chief Justice Jayantha Jayasuriya and Justices L.T.B. Dehideniya and S. Thurairaja perused the petition.

When the case was taken up, the Supervision of the Non-Bank Financial Institutions Department attached to the Central Bank through a motion, urged the Court to grant its approval to suspend the activities of the ETI.

Dr. Wijeyadasa Rajapakshe (PC) appearing for the petitioners, objected to the request and charged that the officials from the Central Bank had filed the Motion through the Attorney General, in order to conceal the controversial facts that are continuing to emerge through the Presidential Commission of Inquiry probing the activities of ETI.

Taking the submissions into consideration, the Supreme Court decided to postpone further hearing to the said date. 

By Kavindya Perera | Published: 2:00 AM Jul 1 2020

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