CBSL denies Kasagala Green Plantation claims, says investigation underway (opens original article in a new tab)

The Central Bank of Sri Lanka denied claims made by a director of Kasagala Green Plantation, stating the statements were incorrect and misleading, and an investigation is underway into the company's activities.

• CBSL denied claims that Kasagala Green Plantation is regulated by the Central Bank.
• CBSL stated the claims were factually incorrect, misleading, and without legal basis.
• An investigation is ongoing into Kasagala Green Plantation's activities under the Finance Business Act.