Sunday, 11 May 2025
Rs. 03b from CEB EPF goes missing

Rs. 03b from CEB EPF goes missing

The CID has received a complaint that three billion rupees of funds of the Ceylon Electricity Board that was invested in Treasury Bonds, had been misplaced.

It is reported that three billion rupees of the Employees Provident Fund of the Ceylon Electricity Board had been given to private company to be invested in Treasury Bonds in 2009.

A communique issued by the Ministry points out that the account statements of the Central Bank for December 31, 2014, does not include the said funds.

The complaint was filed with the CID based on facts revealed, following an internal audit carried out at the Ministry on the instructions of the Minister.

 

 

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