Sunday, 11 May 2025
UB Finance evaded payments to depositors?

UB Finance evaded payments to depositors?

Depositors of the collapsed Ceylinco F & G claim that the present trustees have evaded paying back the depositors’ money.

In a media briefing today (26), the depositors said that the operations of Ceylinco F&G fell under UB Finance under a restructuring programme.

Convenor of the UB Finance depositors' Association (formerly F&G), Jayasinghe Weerakkody said that they are being deprived of the payments and benefits.

He also called all depositors of the company to join a protest discussion on Saturday (Nov. 28) at the auditorium of the All Ceylon Women's Buddhist Congress in Colombo at 3.00pm.

Mr. Weerakkody can be reached via 0729842312 and 0724948177 for coordinating activities.

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