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Thursday, 31 May 2012 - 18:43
EPF fund investment causes controversy
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Several views were expressed during numerous media briefings which were called in Colombo today concerning the government’s investment of EPF funds in the stock market.

Addressing a media briefing which was convened by the UNP in Colombo today, Parliamentarian Eran Wickremerathna stated that the government should deliver an articulate statement concerning stock market transactions.

Meanwhile the JVP states that it will pursue legal action against the government for having invested EPF funds in the stock market.

JVP MP Sunil Handunneththi addressing yet another media briefing organised on this behalf stated that the government should be held responsible for the minor stakeholders who had invested in this venture.

Our news team inquired from the Deputy Governor of the Central Bank Ananda Silva regarding the allegations of the UNP.

He went on to state that the money from the EPF was invested in the Stock Market with long term benefits in mind.

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