Banks to complain to FCID against Rajapaksas

Saturday, 16 May 2015

Complaints are to be lodged with the FCID against the politicans and finance ministry officials responsible for millions of rupees of financial fraud that had taken place at state banks during the Mahinda Rajapaksa regime.

New chairmen of these banks say financial regulations had been disregarded when granting loans to loyalists of the previous government.

Also, no steps had been taken to recover the loans given, no profits received from investments in the stock market made in an authoritarian manner.

Lankaputra Development Bank alone had given such loans amounting to more than Rs. 2,000 million, while the National Savings Bank and the Sri Lanka Savings Bank, formed on an order by Mahinda Rajapaksa, had released over Rs. 3,500 m and Rs. 1,000 m of loans respectively.