Only Rs. 2.8 trillion of assets remain accountable in various loan projects for which investments of Rs. 8.2 trillion had been made between 2006 and 2021, according to an audit report on state financial statements.
Therefore, assets worth nearly Rs. 5.5 trillion have been unaccounted for, said the report.
It showed that 66 per cent of the loans invested on these projects during a 15-year period does not exist as assets.
The result is that the burden of all these have been placed on the public by three successive regimes that had swindled the money.
They are the governments of Mahinda Rajapaksa, Maithripala Sirisena (with Ranil Wickremesinghe as the prime minister) and Gotabaya Rajapaksa.
A detailed report written by Muditha Dayananda appears on page four of ‘Irida Lankadeepa’ newspaper.
