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CB failed to probe People's Bank lending Rs.4bn to minister: Ravi

2018-08-10 08:41:11
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MP Ravi Karunanayake yesterday found fault with the supervision unit of the Central Bank for its alleged failure to probe on lending of Rs.4 bn by the People’s Bank to a Minister.

MP Karunanayake who made this allegation in Parliament last afternoon said the supervision unit of the CBSL should be questioned on its failure to probe into the lending of Rs. 4 bn to a minister and lending further Rs. 10 bn to one Jehan Amaratunga. Former Lankaputhra Bank Chairman Lasantha Gunawardene was sacked for approving few loans which was worth Rs. 100,000 each but one needs to find out as to how the Peoples Bank had lend Rs. 4 bn to a minister and lending of Rs. 10 bn to Jehan Amaratunga?” Karunanayake queried.

MP Karuanayake then took the officials of finance ministry to task by alleging that some of them are misleading Minister of Finance Mangala Samaraweera. He said these officers are trying to create a rift between the President and the Prime Minister.

“These officials in the Ministry of Finance were the ones who led the country to a negative economic growth in 2001. They were henchmen of former President Chandrika Bandaranaike Kumaratunga,” he said.

He said further that, what is needed today is to create an environment where VAT could be reduced to 10% or 9%. (Yohan Perera and Ajith Siriwardana)


  Comments - 26

  • Saman Friday, 10 August 2018 08:46

    Oh ... man .. someone kill me.

    Reply : 5       59

    Dam Friday, 10 August 2018 08:53

    Mind your own business. You cannot talk about corruption. Find your own ways to save your ass from charges you have

    Reply : 21       77

    TONY Friday, 10 August 2018 08:55

    NORMALLY THESE KIND OF ALLEGATIONS COME WHEN A PERSON IS DISGRUNTLED

    Reply : 5       61

    62 million dollars Friday, 10 August 2018 08:58

    10bil lkr = $62,148,500Meanwhile 4bil lkr =$24,859,400Damn thats alot

    Reply : 1       40

    Harini Friday, 10 August 2018 09:18

    Modern lawyers don't need to state evidence, they just need to make a claim and watch how people get agitated and run to and fro like idiots. The burden of proof is on the accused. The intended damage is done. Why is Ravi K still an MP? Shouldn't he be in remand or in Singapore?

    Reply : 5       27

    Observer Friday, 10 August 2018 09:22

    Best thing for a minister to do....Do your corrupted activities, resign as a minister and find faults of others....Funding faults will not bring you back in to power!!!

    Reply : 2       26

    Sunil Friday, 10 August 2018 09:22

    Charges coming from the mouth of a bank robber who is still roaming free. This is yahapalanaya.

    Reply : 6       33

    DillonDP Friday, 10 August 2018 09:28

    Ravi Kaka why you not mentioning the blossom buddy of your caliber ... "probe into the lending of Rs. 4 bn to a minister and lending further Rs. 10 bn to one Jehan Amaratunga."

    Reply : 1       24

    Premalal Friday, 10 August 2018 11:48

    By the way who is Jehan Amaratunga?

    Reply : 1       12

    Buddhi Perera Friday, 10 August 2018 09:33

    What RK says may be true. Like Mahindananda, Weerawansa, Gammanpila et al, RK too comes out with others' misdeeds while hiding his own.

    Reply : 1       33

    Ronnie Bugger Friday, 10 August 2018 09:44

    Ravi K. cannot be called a saint when it comes to wheeling and dealing but it would be best for the relevant authorities, especially the Central Bank under those umbrella all financial institutions are controlled to investigate because Ravi has named names. Governor of the CB, lets see what you have to say.

    Reply : 1       29

    Nihal Friday, 10 August 2018 09:48

    Presidential Election is very Nearing most MPs illegally planned financial informations coming out Hoda Joda sells Eliwena Jameta

    Reply : 0       13

    MP Friday, 10 August 2018 09:54

    There is no a single truthful and un-corrupt politician in this country! Selfish creatures!

    Reply : 0       23

    Premalal Friday, 10 August 2018 11:50

    So, why are we voting for them.?

    Reply : 0       10

    DHA Friday, 10 August 2018 10:31

    Only one theif can identify another ....these bankers are funny characters they run after to recover small loan amounts but ignore big ones what a shame...

    Reply : 0       32

    Bond Scumm Friday, 10 August 2018 10:51

    Oh! This called Sour Grapes. This like that famous saying eating Kabara Goya Flesh to Thala Goya flesh. New Born RK talking from his Anes.

    Reply : 1       7

    Mr I Donot Know Friday, 10 August 2018 11:02

    How does He remember all these. Since He is Mr I do not know. Can he remember the Penthouse.

    Reply : 0       7

    nimal Friday, 10 August 2018 12:54

    Why he mentioned only Jehan Amaratunga's name why not mentioned that minister's name. Scared? Anybody can guess?

    Reply : 0       10

    Ceylon Friday, 10 August 2018 13:27

    Now you singing baila,when you was minister why didnt probe rajapaksa stolen billions and bring back the stolen money ?????.

    Reply : 0       11

    Slay Friday, 10 August 2018 13:32

    Sour Grapes!!!

    Reply : 1       6

    lion Friday, 10 August 2018 14:41

    Look that He is fed up of living in the pent house given by alosiyus.

    Reply : 0       9

    Brainmaster Friday, 10 August 2018 14:49

    Why dont you name that minister via DM Android App

    Reply : 0       7

    CITIZEN Friday, 10 August 2018 16:22

    Whose balls was he scratching when he was the Minister of Finance that he could not do anything about it???

    Reply : 0       8

    Buddhist Saturday, 11 August 2018 19:00

    It is sad to note that the Best Finance Minister in the world and the best banker Rusiripala do not understand lending procedures and comment on this PB loan. Its sad to see how stupid they are. Even to lend to a Director of a Bank there is not restriction, but a certain procedure has to be followed and that was clearly followed in this case. Not only Ravi and Rusiripala, even News First has to be ashamed of the way in which they promoted FAKE NEWS ABOUT PEOPLES BANK.

    Reply : 0       0

    Leo Saturday, 11 August 2018 21:01

    I think they too don't know anything. Maybe there daughters and wives will know as they run the show. Familier story.

    Reply : 0       3

    Sambo Sunday, 12 August 2018 16:14

    Only if a poor person applies for a hundred thousand they will even want check a hundred documents. But for politicos only one call and 4 billion will be approved and never paid back. What kind of a country is this?

    Reply : 0       2

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