Jul 29, 2018

Big state bank loan to SLFP’s ‘group of 16’ member Featured

A state bank is to grant massive loans to companies owned by five persons with political affiliations, including a member of the SLFP’s ‘group of 16’, on concessionary terms, according to lankanewsweek website.

The bank’s board on major loans has asked the chairman and the director board to submit a report of explanation about these loans that are unfair by the other customers of the bank.

Several UNP backbenchers are planning to raise this matter in parliament as well.