Finance Minister Ravi’s Retired Police Sergeant BIL Makes Insurance Corporation Profitable In Four Months!

June 17, 2015 

Speaking on the efficiency of the Maithripala-Ranil led government, Minister of Finance Ravi Karunanayakewas quoted to have said that the Sri Lanka Insurance Corporation run by his recently appointed retired police sergeant brother in law T.M.R. Bangsa Jayah, has shown a significant growth of revenue as high as 35 percent since January this year.

Sri Lanka Insurance Corporation’s (SLIC) Managing Director Bangsa Jayah the former police sergeant and brother in law of the Finance Minister Karunanayake, was appointed to his post after the new government assumed power. “I have nothing to do with it” the minister was quoted.

The SLIC comes directly under the purview of the Ministry of Finance.           Read More