Feb 17 2012 February 17, 2012 February 17, 2012 NoComment by Administrator

BOC to release Rs.600mil to pay SLC wages

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The Bank of Ceylon (BOC) has agreed to release Rs.600 million to settle the player payments of Sri Lanka Cricket while the pending salaries will be paid by February 28, the Sports Ministry stated.

Sports Minister Mahindananda Aluthgamage had personally informed the BOC Board of Directors of the SLC financial crisis after which the BOC had approved the release of the sum of Rs.600 million for player payments.

The Ministry emphasized that it has instructed the SLC to make the payments before February 28 while steps have been taken to settle the wages payments for the month of March as well.

 

Courtesy: Ada Derana