billion scam at Nation Building Ministry
By Rasika Jayakodi
The Committee on Public Enterprises (COPE) has
received reports of 40 state institutions with discrepancies
amounting to a whopping Rs. 150 billion.
The sum misappropriated is said to be one third of the national
National Development Bank, National Lotteries Board, Lankaputhra
Bank, Mihin Lanka, Samurdhi Authority, RADA and several other
institutes under the Nation Building Ministry are involved in
It was reported that most of the institutions conveyed to COPE
were under the Finance Ministry. According to internal sources,
after the Budget, 30 state institutions are to be summoned by
Information on the misappropriation of Rs. 150 billion will be
included in the latest COPE report, which will be presented to
Parliament next year.