Finance+Minister+outlines+reasons+for+collapse+of+finance+companies
Thursday, 07 June 2018 - 15:58
Finance Minister outlines reasons for collapse of finance companies
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Finance Minister Mangala Samaraweera says lack of proper financial management, improper investments and fraudulent activities of the management members have been identified as reasons for the collapse of certain finance companies.
 
Minister Samaraweera said this in Parliament today (Jun 07).
 
He said this after Chief Opposition Whip, Anura Kumara Dissanayake made a statement on the collapse of ETI Finance.
 
He was speaking during the adjournment debate on the collapse of finance companies including ETI Finance.

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