Won't allow PM to bring Samurdhi Bank under CB

6 May 2018 10:02 pm - 25 - {{hitsCtrl.values.hits}}

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Former social empowerment minister S.B Dissanayake today said he would never allow Prime Minister Ranil Wickremesinghe to vest the Samurdhi Bank under the Central Bank's control.

He was responding to a statement made by Prime Minister Ranil Wickremesinghe at the UNP May Day rally that the Samurdhi Development Bank would be soon brought under the control of the Central Bank (CB) .

The MP told Daily Mirror the Samurdhi Bank which had a capital more than Rs.200 Billion functions under the Samurdhi Act, which had been passed by the Parliament.

He said it was specifically mentioned in the Act that the Samurdhi Bank could not be vested under the control or controlled by the Central Bank.

The MP said Prime Minister would need a two-thirds majority in Parliament if the Act was to be amended and vowed he would make sure that the PM did not receive such a majority.

“The Central bank was robbed in broad daylight. We will not let Prime Minister to lay a hand on the poor people’s money,” he said and added that in other countries such banks formed to benefit the poor were not controlled by their central banks.

“It is a well known practice that such banks operate transparently when they were function in small groups and societies. People do not trust the Central Bank anymore,” the MP said.

He said the SDB had 1,754 branches countrywide and was a means of empowering the poor people. (Thilanka Kanakarathna)

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Comments - 25

dulan Monday, 07 May 2018 08:31 AM

Samurdhi Bank was robbed in broad day light by you by investing poor peoples savings in a Commercial Bank that crashed

rew Monday, 07 May 2018 10:28 AM

No one takes any notice of this known c..k talker

visva Monday, 07 May 2018 09:31 AM

SB is the first person who robed the sumurdi Mrs CBK knows very well

Gamini Monday, 07 May 2018 09:52 AM

CBK will give the real picture of Samurdhi how Minister at that time build a palace.Just don't make foolish statements any more having dirt with you also thanks to the list you are an MP today you are rejected by the people.

Eco-Mister Monday, 07 May 2018 09:54 AM

Are these banks really helping the poor? Wonder how this fellow built many mansions!!!?

Don Monday, 07 May 2018 09:58 AM

Yes, Samurdhi Bank (SB) is SB's property, PM must get permission from him to do anything with it.

malij Monday, 07 May 2018 10:19 AM

Who does this man SB thinks he is? Owner of Samurdhi? All the banks and financial institutions are under the Central Bank and why not Samurdhi? All Sri Lankans know what type of a man SB is. There has to be some hidden agenda for sure behind his protest as he had always demanded and got Samurdhi under his wing.

Observer Monday, 07 May 2018 10:23 AM

Why are politicians so much interested in Samurdhi?

duminda Monday, 07 May 2018 10:24 AM

You started SAITAM, gave the lisence,, we now know what it is...whatever you touch, it become a mess..

Leo Monday, 07 May 2018 10:32 AM

SB do us all a favor. Make another contempt of court statement and get locked up again. Please sir, consider this as a help to the people.

muz_ham Monday, 07 May 2018 11:10 AM

I fear that something fishy has happened in the SDB. Funds have been robbed - that is why the former minister does not want the SDB to be supervised by the CBSL. To overcome, get one or two good audit firms to audit the bank.

Ronnie Bugger Monday, 07 May 2018 11:43 AM

LOOK WHO'S TALKING ? IS REGAINIOU WILLNG CONTROL OF SAMURDI A PART OF YOUR PERSONAL AGENDA. YOU WILL NOT BE ALLOWED TO OPEN YOUR MOUTH ABOUT SAMURDI. KEEP THAT IN MIND.

Ceylon Monday, 07 May 2018 12:14 PM

Why bribery commision dont question him how he earned money ti build 400 million home ????????.

Samitha Monday, 07 May 2018 12:14 PM

Samurdhi is not your private property.

S.P.RAMKUMAR Monday, 07 May 2018 12:25 PM

All bank are usually monitored and Governed by Central Bank or monitory board. We remembered Pramuka Saving Bank malpractice and influenced by then Samurdhi Minister.

TJ Monday, 07 May 2018 01:15 PM

In other words, does he mean that the activities of Samurdhi Bank, should not be monitored by the central bank, so that everyone gets free hand to play with the Rs 200 billion capital? The essence of democracy is a healthy opposition, and not a hostile one.

Paramanathan K Monday, 07 May 2018 01:18 PM

SB is well known for his financial frauds using Samutthi. He was abusing in day light. He is another RK.

ravin Monday, 07 May 2018 01:22 PM

You should have change the name "BANK" when you could. You did not do it because you can fool masses.the name bank means it must be monitored by the monetary regulations. That is the accepted norm of the world. Though you are odd. Now it is too late. You are getting caught. Better to see some other solution to escape from your misdoings. Masses are wondering why governments had not not got "Samurdi Bank" under monetary regulations.

dickie bird Monday, 07 May 2018 02:45 PM

Now the PM wants to have a go at Samurdhi funds.

Hubert Monday, 07 May 2018 03:07 PM

Samurdhi Buster

VJ Monday, 07 May 2018 03:50 PM

Some work hard, some don’t work at all, the worst of all are those who are hell bent to stop orhwrs from working.

Srilankan Monday, 07 May 2018 03:56 PM

Every citizen of this country know you are a clean man among them. Hahaha

Lion Monday, 07 May 2018 04:28 PM

Meyada may rate lokka

naga Monday, 07 May 2018 05:12 PM

how dare he says that samurdi bank cannot come under the central bank -is the money his family wealth ??

DEEN Monday, 07 May 2018 05:38 PM

A PROTEST BY THE REJECTED MAN. HE WAS KICKED OFF AND REJECTED BY THE PEOPLE IN THE LAST ELECTION. HE GAINED ENTRY TO THE PARLIAMENT THROUGH THE BACK DOOR AND PUTTING FORWARD DEMANDS. HOW CAN WE CALL HIM PEOPLE'S REPRESENTATIVE? HE WAS REJECTED BY THE PEOPLE. EVERYBODY KNOWS HOW HE PUT UP MANSIONS. ALL BANKS ARE MONITORED BY THE CB. WHY NOT SAMURDHI BANK ALSO COME UNDER CB?THERE MUST BE SOMETHING FISHY IN HIS PROTEST.

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Won't allow PM to bring Samurdhi Bank under CB

Comments - 25

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