Loan irregularities of state banks to be probed | Sunday Observer
Commisssion to be appointed:

Loan irregularities of state banks to be probed

Prime Minister Mahinda Rajapaksa said a Commission will be appointed to look into the financial irregularities in granting loans by state banks during the tenure of the former Yahapalana Government.

This decision was taken during a meeting between the Premier and the Ceylon Bank Employees’ Union at Temple Trees on Friday (June 26).

The Ceylon Bank Employees’ Union held extensive discussions with the Prime Minister regarding outstanding issues in state banks. The pension issue of the present state bank employees was also discussed. The Premier assured that a committee will be appointed to study the pension issue.

Attention was also drawn to the non payment of the incentive gratuity to state bank employees for 2019. The Prime Minister instructed the Finance Ministry Secretary to pay the incentive gratuity to state bank employees in view of the financial crisis due to the Covid-19 pandemic.

The Ceylon Bank Employees’ Union also drew the attention of the Prime Minister regarding top level management issues in state banks and the Premier directed the Finance Ministry Secretary to resolve the matter.

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