Harsha slams govt. over EPF



United National Party MP and economist Dr. Harsha de Silva yesterday said that the Employees’ Provident Fund (EPF) was being looted by the government accomplices through the stock exchange and the latest evidence to prove this had been given by the Auditor General’s (AG) observations.Quoting the 2012 report of the AG, Dr. De Silva said the AG had mentioned that he cannot accept the account reports given to him on the EPF investments without a qualified opinion.

 

 


“Statistics and details of the EPF could only be accepted after a qualified opinion, this is what the AG says. The AG had cited the EPF investments are a reason for the requirement of qualified opinion,” Dr. de Silva revealed at a news conference held at the Opposition Leader’s Office in Colombo.
He said an amendment was added to the EPF bill and it was passed in the parliament in 2012. The passed amendment had given access for the EPF recipients to use a 30 percent of the fund as health insurance or when constructing a house.

 


“But t oday nothing had happen. People haven’t received the benefit mentioned in the amendment. Corrupt accomplices of the government had stolen these funds and have created a mafia at the stock exchange. This is why the 2012 AG report is seeking qualified opinion on the EPF investments,” he said.



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