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Claiming that a mastermind behind the Pyramid racket called Onmaxdt should be revealed, Parliamentarian Daiana Gamage said Rs. 29.2 million has been collected even after the ban of the institution.
She told Parliament that some Parliamentarians were behind the racket and the investigations into the pyramid racket by the CID and AG's Department were going at sanils' pace.
The MP said Rs. 30 million had been halted in the accounts of Onmaxdt while Rs. 300 million had been taken out of the country so far.
"The investigations into this Pyramid racket should be expedited and the mastermind behind it should be revealed," the MP said.
Justice Minister Wijeyadasa Rajapakshe said new laws should be enacted to take action against the pyramid scheme as the Central Bank cannot regulate the scheme.
"Pyramid schemes first initiated in Singapore in this region. They shifted to Malaysia after the scheme was banned in Singapore. They came to Sri Lanka after it was banned in Malaysia. Parliament has the right to draft new laws to take action against the scheme," he said.(Ajith Siriwardana and Yohan Perera)