The truth about supplementary scam
March 18, 2017
The supplementary estimate presented to Parliament regarding government expenses for the month of January has divulged very important information.
While nearly 5 million people from 1.2 families were affected due to the drought Rs. 50 million was allocated on 14th January as extra expenses for the Ministry of Disaster Management. Rs. 24000 million has been allocated to restore financial companies that tumbled down due to being used for financial frauds during the former regime and pay compensation for those who deposited money in such companies.
Out of these funds Rs. 10010 million has been allocated to restore bankrupt financial companies and to establish a financial assets management agency. Another Rs. 14000 million has been allocated to pay those who deposited in Ceylinco Golden Key Company that was used for a large scale financial racket, to establish Exim Bank in Sri Lanka and for the development of tourist industry.
When only Rs. 50 million is allocated to pay compensation for those affected due to natural disasters and the explosion at Kosgama Army camp and issues that directly affect masses Rs. 24000 million is allocated for expenses connected with financial frauds.
Also, Rs. 546,123, 790 is to be spent to import luxury vehicles for 14 ministers. One vehicle to be imported for a minister would cost Rs. 42,000,000.
Source: ‘Irida Lanka’
Out of these funds Rs. 10010 million has been allocated to restore bankrupt financial companies and to establish a financial assets management agency. Another Rs. 14000 million has been allocated to pay those who deposited in Ceylinco Golden Key Company that was used for a large scale financial racket, to establish Exim Bank in Sri Lanka and for the development of tourist industry.
When only Rs. 50 million is allocated to pay compensation for those affected due to natural disasters and the explosion at Kosgama Army camp and issues that directly affect masses Rs. 24000 million is allocated for expenses connected with financial frauds.
Also, Rs. 546,123, 790 is to be spent to import luxury vehicles for 14 ministers. One vehicle to be imported for a minister would cost Rs. 42,000,000.
Source: ‘Irida Lanka’
