Country will pay the price for appointing Digital Instruction Provider Total Pay: observes Anura Kumara

Country will pay the price for appointing Digital Instruction Provider Total Pay: observes Anura Kumara

Written by Keshala Dias

11 Aug, 2017 | 3:17 pm

Chief Opposition whip Anura Kumara Dissanayake made a statement in parliament today, regarding the National Payment Platform.

He noted that appointing a private organisation such as ‘Total Pay’ as the Digital Instruction Provider for the National Payment Platform poses a great risk to the country.

Anura Kumara noted that even though the proposal regarding the National Payment Platform was presented in 2015, the company known as Total Pay was registered in 2016.

He added that Total Pay claims to have been awarded the right to operate as the Digital Instruction Provider to the National Payment Platform by the ICTA.

Such actions could lead to money laundering and the loss of secrecy of transactions according to the Chief Opposition whip.

Dissanayake added that when the Finance Minister initially made this proposal, the National Payment Platform was to be operated under the supervision of the Central Bank, but a subsequent committee appointed by the ICTA claimed that the National Payment Platform will not come under the purview of the Central Bank.

Adding that the cabinet of ministers has been mislead, the Leader of the JVP noted that media revelations stalled the process but the threat still exists.

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