JVP WP Councillor Ranawala files complaint over Rs.100m overdraft facility

JVP WP Councillor Ranawala files complaint over Rs.100m overdraft facility

JVP WP Councillor Ranawala files complaint over Rs.100m overdraft facility

Written by Tharushan Fernando

13 Dec, 2015 | 9:36 pm

JVP Western Provincial Councillor Asoka Ranwala has filed a complaint with the Commission to Investigate Allegations of Bribery or Corruption and the Police Financial Crimes Investigation Division.

The complaint is based on an alleged overdraft facility of Rs.100 million granted to Litigation Support Consultant, Nihal Sri Amarasekera by the Bank of Ceylon.

The complaints filed by JVP Provincial Councillor Asoka Ranwala to the Bribery Commission and Police FCID, states that Nihal Sri Amarasekera had, allegedly, requested for an overdraft facility of Rs.100 million  from the Bank of Ceylon on December 9, 2014 to meet his urgent commitments. According to the complaint, Nihal Sri Amarasekera has informed the BOC that this overdraft will be regularized before a period of one month with the release of certain monies from the treasury.

On December 17, 2014, Senaka Walgampaya, Competent Authority at the time for Hotel Developers Lanka PLC, wrote to the Deputy Secretary Treasury S.R. Attygalle, and quotes from the Merchant Bank of Sri Lanka report saying “the liability to pay Mr. Amarasekera any some of money is not established.”

In the letter addressed to the Bank of Ceylon, Nihal Sri Amarasekera, had requested for an overdraft facility of Rs.100 million  on  December 9, 2014 which should be made available to his current account by the morning of the 10th, and Amarasekera assures that the overdraft facility will be regularised before a period of one month.

In a board resolution of the Bank of Ceylon dated 16th December 2014, it was resolved that a Temporary Overdraft Facility of 100 million rupees was agreed to Nihal Sri Amarasekera, for a period of 30 days from December 15, 2014 and the same board paper reveals that the account for which Amarasekera sought the Overdraft Facility was opened on November 17, 2014, just a month prior to his request for the .verdraft.

Meanwhile, in its Sunday Edition, the Ceylon Today newspaper reports that Nihal Sri Amarasekera has in fact been asked to appear before the FCID regarding the alleged Rs.100 million  scandal, less than a month before the presidential election.

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