Housing ministry to probe unauthorized lending of Housing loans from 2015 -19

• Unauthorized lending has been done mostly in the  Hambantota District

Minister of Housing and Urban Development Prasanna Ranatunga has ordered a probe on unauthorized lending of housing loans in his ministry from 2015 to 2019.   

Unauthorized lending has been done mostly in the  Hambantota District,” the statement said.   

An official statement from the ministry said funds allocated for certain housing schemes under the Udagama project had been transferred to a number of other housing schemes.   
Meanwhile the ministry is to start work on construction of 98,000 houses which has been halted half way. It has been found out that work on 2150 Udagama’s have been stopped during the regime of 2015.   

Meanwhile work on 2,795 houses has been fully completed after the SLPP government came into power but work on the other houses could not be completed due to the COVID 19 pandemic.    

• It has been found out that work on 2150 Udagama’s have been stopped during the regime of 2015