Sri Lankaβs banking sector is confronting one of its most serious internal fraud scandals in recent memory, as the crisis engulfing the National Development Bank (NDB) continues to widen. Despite mounting pressure, regulators have yet to appoint a Competent Authority, with the Central Bank of Sri Lanka appearing to delay intervention until forensic findings are [β¦] The post Massive NDB Fraud Exposes Deep Failures In Oversight Systems appeared first on Lankanews.lk .