ContemptThe chamber-in-the-news finally ended the inquiry against its most powerful member clearing the latter after a dubious process. Now some are questioning whether the process borders on contempt of the Supreme Court.
Name changeSome guys at the group in the dumps still think they can raise their head above water and stand against the tide in doing business. They believe while the rest of the group is in troubled waters their brand is good enough to attract deposits and business. Wake up … the brand will take years to recover from its lost glory. If not why are the directors of many of the troubled companies hiding from the wrath of the public? Some are even contemplating changing the brand name.
Don’t be sureCocky they are … the banks that took the CPC for a ride. The dismissal of the petitions by the Supreme Court have given them new faith , vigour and vitality to recover millions of dollars in owned payments. But watch this space – the bad times are not still over for the one-sided dealing banks. There are also reports that the commission that frowns on bribes is preparing to question some of the ‘suspect’ bankers.
from http://sundaytimes.lk
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