Dec 23, 2017

Loan sought from People’s Bank to pay Telecom bonus!

The Sri Lanka Telecom has applied for a loan from the People’s Bank amounting to Rs. 5,000 million for the payment of their workers gratuity.

Sri Lanka Telecom was earlier one of the front runners among the state enterprises.

According to the opinion of the Telecom Unions, the reason for the collapse of Telecom was the management inefficiency of its Group Chief Executive Officer Dileepa Wijesundara.