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Sri Lanka Equity Forum » Stock Market News » Anti corruption 'activist' Nihal Sri Amarasekere finally outed as a crook

Anti corruption 'activist' Nihal Sri Amarasekere finally outed as a crook

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Equity Analytic
Equity Analytic
This is news for all those who followed media darling Amarasekere and swallowed his every word despite the warnings of some of us. Some of the comments on this page give more insight to his true nature known to anyone who has worked with him in the past or knows of his sordid history in the famous Hilton saga. Hope those learned people on these investor forums will stop following these jokers like puppy dogs and make their own decisions going forward. 

Well-known Sri Lankan professional consultant, public interest litigant and anti-corruption activist Nihal Sri Ameresekere, finds himself in the middle of a Rs 100 million scandal where a deal was finalized involving the Bank of Ceylon (BoC) and the Treasury less than a month before the Presidential Election.

According to documents in Colombo Telegraph’s possession, Ameresekere had requested the BoC for a Rs 100 million overdraft in early December 2014. The Bank was told that Ameresekere would be in a position to repay the money within a month because he would be receiving a sum exceeding this amount from the Treasury. He claimed that the Treasury owed him money and furnished a letter from the Deputy Secretary to the Treasury, S.R. Attygalle confirming this.
Colombo Telegraph learns that Ameresekere is yet to settle the amount outstanding a year after the overdraft was obtained.


Associate Director - Equity Analytics
Associate Director - Equity Analytics

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