Sunday Lankadeepa newspaper has revealed that despite Rs. 8.2 trillion has been invested in various credit projects in Sri Lanka from 2006 to the end of 2021, of which only 2.8 trillion rupees remain as assets.
Accordingly, the relevant audit report has revealed that it is impossible to identify the assets for nearly Rs. 5.5 trillion.
As such, in 15 years from 2006 to 2021, it has been revealed that a huge amount of credit projects in Sri Lanka, i.e. 66%, do not exist as assets.
A large amount of debt has been looted under the three governments of Mahinda Rajapaksa, Maithri Ranil government and Gotabaya Rajapaksa and the whole of it has been loaded as debt on the public.
Journalist Mudita Dayananda has prepared an article with relevant information on page 04 of the newspaper under the headline “What happens to the loan taken from four quarters”.
