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NHDA lost Rs. 5,564 Mn during Sajith’s tenure

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The government has incurred a loss of over Rs.5,564 million due to the informal provision of housing loans during the tenure of Opposition Leader Sajith Premadasa as the Housing Minister from 2015-2019.  

The loans of 53,709 beneficiaries given when Sajith Premadasa was the housing minister had to be restricted due to this, National Housing Development Authority (NHDA) Chairman Rajeev Sooriyarachchi said.

Due to the effort the government had been able to save over Rs.7,852 million. During the period of 2015-2019 when the current Opposition Leader was the housing minister, seven housing projects had been initiated. National Housing Development Authority Chairman said that these informal housing loans have mostly happened in 2018 and 2019.

Years 2018 and 2019 are periods in which the Local Government Election and the Presidential Election were held in Sri Lanka.

In the year 2019 alone, the construction of 62,994 houses had been started although allocations were only for 40,500 houses.

During 2015 and 2019, Premadasa had started the construction of 341,510 houses, but only 233,578 houses had received the necessary provisions.

Accordingly, it was not possible to provide future loan installments for 1,07,932 housing recipients.The reason is the lack of necessary provisions.

(dailynews.lk)

 (This story, originally published by dailynews.lk has not been edited by SLM staff)

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Complete 3rd phase of Central Expressway by 2026 end – Vijitha

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Minister of Transport, Highways, Ports and Civil Aviation – Vijitha Herath has urged to complete work of the 3rd phase of the Central Expressway by Dec. 31, 2026.

The 3rd phase spans from Pothuhera to Rambukkana.

The minister had said this after inspecting work at the section today (Nov. 09).

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Govt refutes claims of shutting down ‘Thriposha’ company

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The government has refuted reports claiming that Sri Lanka Thriposha Limited (SLTL) is to be closed down.

Issuing a statement, the Ministry of Finance has said no action has been taken or will be taken to liquidate the Thriposha Company.

The statement further notes that the Triposha programme to provide nutrition supplements to children and pregnant mothers will continue forward in a more effective manner.

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58 Lankans arrested in Colombo over alleged online financial fraud

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A group of 58 Sri Lankans has been arrested by the Criminal Investigation Department (CID) yesterday (Nov. 08) while residing in a luxury apartment complex on Havelock Road, Colombo, over suspected involvement in an online financial fraud.

They were arrested on a tipoff received by the Computer Crime Investigation Division (CCID) of the CID and were to be produced before the Colombo Magistrate’s Court today (09).

Meanwhile, Police Spokesman DIG Nihal Thalduwa stated that the investigation commenced after a complaint received from a foreign embassy in Sri Lanka. He stated that the funds in question belong to a Korean national residing in South Korea and that funds valued at approximately Rs. 300 million were defrauded.

He added that a 52-year-old woman from Colombo 07, who served as a director, and a 40-year-old man from Ragama, who acted as a manager, are among the arrested persons.

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