Sri Lanka’s state owned National Savings Bank (NSB) lost millions of rupees through investments in the Colombo Stock Exchange, said the government’s finance minister Ravi Karunanayake.
ColomboPage reported Mr Karunanayake telling reporters that investments by the NSB resulted in losses amounting to Rs.1.1 billion, after Rs.2.6 billion from bank funds were used to make investments.
An investigation is being launched into the matter added the minister.
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