To rake him over the coals over the loans he had raised?

10 July 2019 09:45 am - 0     - {{hitsCtrl.values.hits}}

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A certain top team member, a big name in the business world, had raised a very big loan from a ‘small’ State-owned bank, they say.

 


Some sources say that the politico had to approach the ‘small’ bank for the loan as he had already heavily borrowed from all the ‘big’ banks.


By the way, he is said to be the owner of several companies. 


The ‘small’ bank from which he had obtained the latest loan in the region of Rs. 300 to 400 million, is one meant to lend comparatively small amounts to those in low-income brackets for purposes like putting up a house and some are reportedly surprised as to how the top team member had ‘mesmerized’ the Director Board of the ‘small’ bank into approving the massive loan.  


He had already obtained Rs. 60 million as the first instalment of the approved big loan, they say.


By the way, some Pohottuwa Diyawanna members who have learnt about the big loan given to the top team member are said to be planning to raise a question in the council about the big loans already borrowed by the companies owned by him, they say. 

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