Sri Lanka’s Minister of Finance Ravi Karunanayake pledged to conduct an investigation into hundreds of missing financial records on a large number of agreements signed in relation to Sri Lanka’s Megaprojects.
Mr Karunanayake, warned that the International Monetary Fund (IMF) were concerned at holes in Sri Lanka’s records, stating,
“Around 220 files relating to some projects have gone missing from our ministry. Now we are investigating on what happened to them. Not only us, but even the International Monetary Fund (IMF) is shocked over this state of affairs.The files on details on loans, costing and planning of major projects and other confirmation records of projects have gone missing."
Noting that the records had disappeared with the change in government, Mr Karunanayake said if officials were found to be involved in attempts to conceal details legal action would follow.
Sri Lanka looks to raise US $5 billion from world lenders (28 Mar 216)
Mr Karunanayake, warned that the International Monetary Fund (IMF) were concerned at holes in Sri Lanka’s records, stating,
“Around 220 files relating to some projects have gone missing from our ministry. Now we are investigating on what happened to them. Not only us, but even the International Monetary Fund (IMF) is shocked over this state of affairs.The files on details on loans, costing and planning of major projects and other confirmation records of projects have gone missing."
Noting that the records had disappeared with the change in government, Mr Karunanayake said if officials were found to be involved in attempts to conceal details legal action would follow.
Sri Lanka looks to raise US $5 billion from world lenders (28 Mar 216)