Economic hit-men in Lanka: Harsha

30 July 2012 11:14 am

Economist and UNP parliamentarian Harsha de Silva charged that the real “economic hit-men” are those responsible for the transactions that resulted in an enormous loss of public funds

Dr. De Silva told the Daily Mirror those responsible for the losses in the derivatives, equities and the fixed income market were the very same individuals.

“The country funds were gambled in the derivatives market through the hedging deal resulting in a loss of 27 billion rupees, the EPF funds invested in the stock market have incurred a loss thus far of up to 12.2 billion rupees and the Greek Junk bond deal has resulted in a loss of close to eight million dollars,” he said.

Dr. De Silva said the individuals responsible for these transactions have to be held accountable.

“If you look at the people behind these deals they are one and the same. All of them have to be held accountable, it’s not their personal money that they are playing with but instead are plundering the wealth of the nation,” he said. ( Hafeel Farisz)