Harsha questions why Finance Ministry, Central Bank silent on missing USD 2.5 million



Colombo, April 22 (Daily Mirror) - Claiming that Parliament is Constitutionally responsible for public finance, Chairman of the Committee on Public Finance (CoPF) and SJB MP Dr. Harsha De Silva raised concerns why the Ministry of Finance and the Central Bank of Sri Lanka (CBSL) have been silent all this time regarding the loss of USD 2.5 million of the Sri Lankan peoples’ money.

The MP said in a post on X, "Disappeared! This is not just negligence. This is a failure we warned about. When debt operations were moved from the Central Bank to the Treasury's PDMO, the COPF repeatedly urged the Treasury to hire competent, experienced staff. Managing a sovereign nation's debt in global financial markets is not a clerical task. Those warnings were ignored."

The MP said "Now we are paying the price, and the question is, technically, has Sri Lanka defaulted on payments as the creditor is alleged to have not received five debt payments?” 

“This comes as the Ministry of Finance has failed to appear before the COPF for three consecutive meetings: on gaming regulation, Quarter 4 2025 fiscal performance and the critical discussion on fiscal-monetary policy coordination. In over 15 years in Parliament, I have never seen this level of contempt for parliamentary oversight," he said.

"This morning, we wrote to the Secretary of the Treasury. Parliament is Constitutionally responsible for public finance. We have yet to receive a response on how or when this happened, and why the Ministry of Finance and the Central Bank have been silent all this time.

“This is not a political issue. Regardless of where we stand, we must come together to address this, hold those responsible accountable, and rebuild the trust our country has worked so hard to restore. The people of Sri Lanka deserve nothing less but accountability on public finance."

 


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