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President gives more powers to PRECIFAC
President Maithripala Sirisena has empowered the Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC) to obtain Information relating to bank accounts and details of asset declarations made to the Inland Revenue Department, of suspects accused of serious frauds and corruption without prior approval.
The President has assigned these powers to PRECIFAC in a special gazette notification following a request by the commission that its investigations were getting delayed due to the time involved in obtaining information relating to bank accounts and asset declarations.(Manopriya Gunasekara)
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