Opposition Leader calls for action against ‘OnmaxDT’

May 14, 2024 at 12:35 PM

Opposition Leader Sajith Premadasa has called on the government to initiate stringent actions against illegal financial firms engaging in pyramid schemes in Sri Lanka. 

Addressing the Parliament on Tuesday, MP Premadasa singled out ‘OnmaxDT’, a private firm that was found to be allegedly involved in a pyramid financial fraud of US$ 100 million in Sri Lanka.

‘OnmaxDT’ is among 09 entities that were banned by the Central Bank of Sri Lanka in August 2023 for engaging in pyramid schemes.

The Opposition Leader told the Parliament today that a large number of people have become helpless because of the pyramid scheme operated by ‘OnmaxDT’.

He further emphasized that the government must intervene and initiate stringent actions, as people all over the nation have fallen victim to this financial racket.

MP Premadasa said that just as the government had taken action against online lending companies in the past, action should also be taken against ‘OnmaxDT’. (Newswire)