Banks yet to implement Cabinet decision to suspend Parate execution laws: Sajith alleges

5 March 2024 07:54 pm Views - {{hitsCtrl.values.hits}} 2 Bookmark

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Parliament, March 5 (Daily Mirror)- Claiming that the property of the Small and Medium Scale entrepreneurs are being auctioned despite the Cabinet decision to suspend the Parate execution laws, Opposition leader Sajith Premadasa urged the government to instruct the banking network to implement the suspension order.

Raising a question under 27/2, he told Parliament that financial institutions had published advertisements on auctioning property of the Small and Medium Scale entrepreneurs even after the Cabinet decision to suspend the Parate execution laws.

He said the Central Bank must issue a circular to the banks to implement the suspension of the Parate execution laws as decided by the Cabinet if more time is needed to pass laws to implement the suspension order.

He said it is against the Cabinet decision for financial institutions to advertise property for auctioning while capitalizing on the delay in implementing the suspension for their own advantage.

Comments - 2

Tissa Fernando Tuesday, 05 March 2024 10:46 PM

So, Sajith's supporters have taken loans and not paid back, are these not looters of public money too. May be Sajith's wife has taken loans ans not paid back like the same way she is occupying someone's building without paying any rent. What kind of a people's leader is this. ? His father eliminated all his opponents by the bullet and Sajith says he is following his father.

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ROSH Wednesday, 06 March 2024 02:30 AM

These subjects are tooo complicated to this idiot needs to go back to school

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