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Last Updated : 2024-05-11 21:41:00
26 April 2022 06:35 am - 15 - {{hitsCtrl.values.hits}}
Serenity Group - Uganda issuing a statement to the media yesterday clarified on the allegations made on social media regarding its founders, operations and business profile.
After several posts linking the business venture to the Rajapaksa family, Serenity Group - Uganda has sought legal advice in clearing its name from what it said is a misconception among the public of Sri Lanka.
Serenity Group - Uganda reiterated that it has not received any investment or financial support from politicians or the Government of Sri Lanka. Earlier this month, an article was shared on social media that went viral, stating that Primer Rajapaksa has invested US $ 10 billion in companies of Serenity Group in Uganda.
“Serenity Group and its subsidiaries had an organic growth since its inception and provided employment for many Sri Lankans and Ugandans. We will proudly continue to support Sri Lanka through a steady flow of foreign remittances into the country,” Serenity Group said in a statement to the media yesterday.
The statement pointed out that Serenity Group - Uganda was established to follow the business interest of the Directors Ruwan Jayaratne and Devaka Ekanayake.
The group secured supply and construction contracts in rural electrification projects through a subsidiary named Nile Heavy Engineering Ltd and also entered the F&B sector with two establishments Café Ceylon and ‘Bakehouse’.
During an official visit to Uganda, former President Mahinda Rajapaksa visited Café Ceylon.
“This was in May 2016 and this event was publicised along with the other politicians that were present on the day. We divested ourselves from the F&B businesses in 2020. All of our subsidiaries have been openly and proudly displayed on our website and it is only recently that we’ve had downtime due to an IT issue,” Serenity Group - Uganda said.
Under the Serenity Group is also East Africa Concrete Products Limited (EACPL), the leading supplier of concrete poles for rural electrification projects in Uganda that was financed via equity investors and a commercial bank in Sri Lanka. In the statement the business entity also highlighted that it is active in promoting the game of cricket in Uganda among the unprivileged kids as a cultural exchange initiative and CSR.
“We hope that our attempt to share our story, our history, values and vision will help the public to get a better grasp of the situation and answer many of the burning questions that have been fuelled by the low trust environment,” Serenity Group said.
anaa Tuesday, 26 April 2022 08:55 AM
horagey ammgen ....etc., etc.,
Monse Tuesday, 26 April 2022 08:55 AM
Oh really… Let do an international audit and we will come to know how clean is that money
Kps Tuesday, 26 April 2022 08:56 AM
Why should Uganda has a Cafe name “Cafe Ceylon”
Kps Tuesday, 26 April 2022 08:58 AM
10.2 ton of printed materials ? Dollars?
Kps Tuesday, 26 April 2022 08:59 AM
Cat out of the Bin
Winston Rohan Tuesday, 26 April 2022 09:07 AM
Obviously all fingerprints completely wiped out.
S. Chittampalam Tuesday, 26 April 2022 09:25 AM
Cover up. The truth is something else. The Country was looted and plundered.
Sunil Tuesday, 26 April 2022 09:42 AM
This Serenity group are even worse liars and scoundrels than the Jarapashas.
Pg Tuesday, 26 April 2022 09:45 AM
Yeah yeah we believe you !! Equally corrupted ugandan government
kALEEL cADER Tuesday, 26 April 2022 10:00 AM
cover up!
Thahira Tuesday, 26 April 2022 11:06 AM
Uganda govt too support rajapaksha thieves.. we don't believe you
Roshanaly Tuesday, 26 April 2022 01:30 PM
10bn dollars invested, our need at the moment is only 4bn dollars.
Cheers Tuesday, 26 April 2022 02:21 PM
Opposition go home
Ceylonese Wednesday, 27 April 2022 05:14 AM
According to past history Uganda is not the ideal country to hoard money or valuables stolen from the poor people of Sri Lanka who have no money even to buy food and according to the deniels from the Serenity Grroup this money could have vanished into thin air by now and Sri Lanka may not be able to get it back as that country is just as corrupted as the Rajapaksa's.
Roger Sinniah Monday, 06 June 2022 08:21 PM
It is hard to imagine how Sri Lanka could have messed up in grand style. STOLEN wealth in the hands of the Rajapaksa clan and their friends. Now the people of that beautiful nation are in serious trouble. This is day light robbery.
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