Environmental Resources Investment PLC’s (ERI) Executive Director Kosala Heengama yesterday confirmed to Mirror Business that the company and its directors have received a communication from the Securities and Exchange Commission (SEC) with regard to a fine imposed on a disclosure related offence
“Responding to that, we have sent a notice to the SEC clarifying our position on the matter stating that we have indeed disclosed the said facts to the commission. Currently we are awaiting a response from the SEC” Heengama said.
He also noted that that the disclosure related issue was regarding one of the company’s foreign investments.