CB told to submit report on EPF investments within two weeks

The Sectoral Oversight Committee on Foreign Employment and Labour has instructed the official representing the Central Bank to submit a report on the investments made by the Employees’ Provident Fund (EPF).
This directive was given at the Sectoral Oversight Committee on Foreign Employment and Labour meeting, held recently in Parliament, under the Chairmanship of MP Hector Appuhamy. 

The chair instructed that a report, including the money collected, invested, losses and profits made, institutions in which the money pertaining to the EPF has been invested and the way in which such investments has been made within the last 10 years, to be submitted to the committee within two weeks. 
The committee chair stated that as this is the money of the people, a smooth and more efficient process must be established, which would benefit those who wish to take their EPF moneys post-retirement without any hassle. 
The committee decided to call experts related to the subject to decide on a better mechanism and a way forward. 
Committee members Dilan Perera, Faizal Cassim, Milan Jayathilake, Samanpriya Herath and Members of Parliament Dr. V. Radhakrishnan, M. Udayakumar, K. Sujith Sanjaya Perera, Vadivel Suresh and Velu Kumar, were present at the committee meeting held.