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Lakshman Kiriella: Bond scandal assets freeze
(www.factcheck.lk, 3/11/2020)
PARTLY TRUE: The allegation is that the UNP caused a loss of LKR 10 billion through bonds. The country has not experienced a loss because the CBSL froze/impounded LKR 12 billion from Perpetual Treasuries. However, the ...
Bandula Gunawardana: Central Bank Liability
(www.factcheck.lk, 6/25/2020)
TRUE: When money is deposited in a financial institution, the Central Bank of Sri Lanka is only responsible for up to LKR 600,000.
- Bandula Gunawardana, Department of Government Information Facebook Page, 4 June 2020
Harsha de Silva: Loan Collateral
(www.factcheck.lk, 8/20/2020)
Also, for the first time in Sri Lanka’s history, when Sri Lanka, as a sovereign state, asked the international community for a loan, they asked for collateral. This is because the international community has identified ...