The fate of Samurdhi banks questioned in Parliament

The fate of Samurdhi banks questioned in Parliament

The fate of Samurdhi banks questioned in Parliament

Written by Staff Writer

22 Jun, 2018 | 8:41 pm

COLOMBO (News 1st) – The matter of moving Samurdhi Banks under the supervision of the Central Bank was discussed in the Parliament today.

UPFA MP Padma Udayashantha Gunasekara stated that there is a disturbing rumor that the Samurdhi banks are to be abolished and the funds are to be moved to Central bank.

P. Harrison Minister of Social Empowerment stated that if the money of the Samurdhi Banks are to be moved to another institution , it must be first presented to the Parliament and the law needs to be amended and that such a process has not taken place as yet.

The Minister also stated that the Central Bank could monitor any transaction and that there seems to be nothing wrong in the funds of the Samurdhi Bank being monitored.

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