The Central Bank of Sri Lanka (CBSL) today announced that it has concluded investigations into various companies suspected of engaging in prohibited activities under Section 83(C) of the Banking Act No. 30 of 1988 (as amended).
As a result, CBSL has identified 21 companies involved in such schemes. They include:
- Tiens Lanka Health Care (Pvt) Ltd
- Best Life International (Pvt) Ltd
- Mark – Wo International (Pvt) Ltd
- VML International (Pvt) Ltd
- [Company Name Not Disclosed]
- Fast3Cycle International (Pvt) Ltd
- Sport Chain app, Sport Chain zs Society Sri Lanka
- OnmaxDT
- MTFE App, MTFE SL Group, MTFE Success Lanka, MTFE DSCC Group
- Fastwin (Pvt) Ltd
- Frugo Online App/Frugo Online (Pvt) Ltd
- Ride to Three Freedom (Pvt) Company
- Knet
- Era Miracle (Pvt) Company and Genesis Business School
- Ledger block
- Isimaga International (Pvt) Co
- Bitcoin App and Sunbird Foundation
- Windex Trading
- The Enrich Life (Pvt) Company
- Smart Win Enterprises (Pvt) Ltd
- Net Four International (Pvt) Company / Netrix
However, the Central Bank of Sri Lanka has withheld the name of one company due to a court order restricting its disclosure.
The Central Bank of Sri Lanka urges the public to be cautious and alert to companies or financial schemes that may operate outside the legal framework.
