Sri Lanka Insurance controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2009
Supreme Court reverses the 2003 sale
The Supreme Court annulled the privatization, directing the private consortium to return its interest to the government and the treasury to repay the purchase consideration.
2007
Challenge to the privatization process
After Sri Lanka’s Committee on Public Enterprises reported that the privatization process had been irregular, a case was filed in the Supreme Court challenging the 2003 sale of Sri Lanka Insurance.