2023-10-26
News Categories : Committee News
The State Mortgage and Investment Bank was summoned before the Committee on Public Enterprises (COPE) which met on 19.10.2023 under the Chairmanship of Hon. (Prof.) Ranjith Bandara, Member of Parliament. The audit reports of the State Mortgage and Investment Bank for the years 2020, 2021 were examined and the current performance was investigated at the Committee meeting held. Officials representing the Ministry of Finance and the Chairman and General Manager of the State Mortgage and Investment Bank were also present at this Committee meeting held. Special attention was paid to the following points.
Delay in establishing a new core banking system
Attention was drawn towards the delay in establishing a new core banking system as per the recommendations given in the previous Committee meeting. Officials assured that these works have already started and will be completed by July 2024.
The need to start operations as a competitive bank
The Committee emphasized the need to improve the operations of the commercial level in order to increase the assets of the bank and reach an advanced level. The COPE chair pointed out the importance of being close to the public as a competitive bank without completely deviating from the bank's core objectives. Accordingly, the need to establish the bank's brand among the public in an innovative and attractive manner (rebranding) was emphasized.
The 68-million-rupee loss due to submission of false documents
In 2017, due to the fact that some people obtained loans by submitting false documents, attention was paid to the related activities to cover the loss of 68 million rupees to the bank. It was also revealed that this fraud has taken place by giving the relevant loan amount to 49 loan applicants with the help of some officials of the bank. Officials stated that 8 million rupees have already been received aligned with legal proceedings and legal measures have been taken to obtain the remaining amount. Although 6 years have passed since this incident, officials were punished and the delay in recovering this money was given special attention. Accordingly, the COPE Chair ordered the officials to give a report on this within two weeks.
High non-performing loan ratio of the bank
Attention was drawn to the fact that 10 branches have recorded a high non-performing loan rate, exceeding the average value of the non-performing loan rate of the bank. The officers pointed out that since the majority of the customers of this bank are middle- and low-income earners, they had to be given grace periods to pay their debts due to the prevailing economic situation. Special attention was paid to this and instructions were given to take necessary steps.
State Minister Hon. Janaka Wakkumbura, Members of Parliament Hon. Eran Wickramaratne, Hon. Sanjeeva Edirimanna, Hon. (Major) Sudarshana Denipitiya, Hon. Madhura Withanage, Hon. (Prof.) Charitha Herath, were present at the Committee meeting held.
2026-06-09
The motion to refer the report containing the findings of the investigations conducted by the Committee on Public Accounts (COPA) in relation to the Department of Motor Traffic to the Attorney General for observations and any necessary further action was approved by Parliament today (Jun. 09).The report contains the findings of the investigations carried out by COPA regarding the Department of Motor Traffic on 10 and 21 March 2025 during the First Session of the Tenth Parliament. It had previously been presented to Parliament on 25 July 2025 as Parliamentary Series No. 243.In terms of the provisions of Standing Order 119(4) of Parliament, the relevant report had been referred to the Minister of Finance and the subject Minister for their observations and following the tabling of their responses in Parliament, the COPA reconsidered the matters contained in the report on 04 March 2026.During its deliberations, the Committee emphasized the necessity of taking prompt legal action in relation to the financial irregularities and frauds that had been revealed in the Department of Motor Traffic. Accordingly, it was unanimously decided to seek the approval of Parliament to refer the Committee’s report to the Attorney General for necessary legal action.Accordingly, Parliament today approved the motion, “The report bearing Parliamentary Series No. 243, which was tabled in Parliament on 25 July 2025 and contains the findings of the investigations conducted by the COPA on 10 and 21 March 2025 in relation to the Department of Motor Traffic, be referred to the Attorney General for observations and necessary action.”No committee report previously tabled in Parliament has been referred to the Attorney General for observations and further legal action, and marks the first occasion on which a committee report has been referred in this manner.
2026-06-08
The Women Parliamentarians’ Caucus met in Parliament recently (5th June) to review the progress of investigations and discuss the next steps relating to the case concerning the abuse of a girl in the Anuradhapura area.The meeting was chaired by the Chairperson of the Caucus and Hon. Minister of Women and Child Affairs, Saroja Savithri Paulraj. Officials representing the Attorney General’s Department, the National Child Protection Authority, the Department of Probation and Child Care Services and the Sri Lanka Police were invited to attend the meeting.During the meeting, the Women Parliamentarians’ Caucus instructed the relevant authorities to ensure that all ongoing investigations related to the incident are conducted strictly in accordance with court orders. The Caucus also requested that forensic reports and other medical reports relevant to the case be obtained without delay.As court proceedings concerning the victimized girl are currently being conducted not only in Anuradhapura but also in Attanagalla and Dambulla, the Caucus instructed the National Child Protection Authority to intervene in monitoring those proceedings as well. A request was also made to take measures to minimize the repeated trauma experienced by the victimized girl as a result of her involvement in all three legal proceedings.Furthermore, the Attorney General’s Department expressed its agreement with a request made by the Women Parliamentarians’ Caucus to appear before the Anuradhapura Magistrate’s Court in order to facilitate judicial and legal processes and strengthen coordination among government institutions.The Caucus also informed the Department of Probation and Child Care Services to continue paying close attention to matters relating to the girl’s education, health, and safety.The Women Parliamentarians’ Caucus further highlighted the importance of maintaining effective coordination among law enforcement agencies dealing with child abuse cases and agreed to take the necessary interventions in this regard in the future.Moreover, it was decided that guidelines should be developed for media reporting and judicial proceedings relating to child abuse cases in a manner that safeguards the child’s privacy, security, and dignity. A subcommittee functioning under the Women Parliamentarians’ Caucus will intervene in this process.The subcommittee will also undertake future measures required to address and overcome the legal and practical challenges that arise in child abuse litigation.Members of the Women Parliamentarians’ Caucus, Hon. Deputy Chairperson of Committees Hemali Weerasekara, Hon. Members of Parliament (Attorney-at-Law) Hasara Liyanage, (Attorney-at-Law) Lakmali Hemachandra and (Attorney-at-Law) Sagarika Athauda attended the meeting. The Hon. Deputy Minister Dr. Kaushalya Ariyaratne, Hon. Members of Parliament (Attorney-at-Law) Thushari Jayasinghe and (Attorney-at-Law) Anushka Thilakarathne joined the meeting online.
2026-06-05
Discussions Held on Establishing Rebuilding Sri Lanka as a Statutory FundOfficials led by Auditor General (Ms) Samudika Jayaratne briefed the Committee on Public Finance on the progress of the National Audit Office’s Annual Programme for 2026.The briefing took place at a meeting of the Committee held in Parliament on 2nd June, chaired by Hon. Member of Parliament Dr. Harsha de Silva. The meeting was attended by Hon. Deputy Ministers Chathuranga Abeysinghe and Nishantha Jayaweera, along with Members of Parliament Ravi Karunanayake, Harshana Rajakaruna, Champika Hettiarachchi and Attorney-at-Law Lakmali Hemachandra. The auditing of ‘Samurdhi Banks’ was also discussed during the meeting, and officials informed the Committee that the audits for 2023 and 2024 must be completed in order to conduct the audit for 2025. They noted that the procurement process required to outsource these audits to external parties has not yet been finalized.While initial estimates indicated that approximately 300 officers would be required to carry out the audits, the Auditor General stated that the recruitment of 200 officers over a period of one and a half years would be sufficient. Officials further highlighted the absence of a dedicated audit framework for Samurdhi Banks. In response, the Committee Chair recommended that a comprehensive study be conducted and that a proposed audit framework for Samurdhi Banks and affiliated societies be submitted to the Committee for consideration.The Committee also reviewed matters relating to cyber security. Officials from the National Audit Office stated that the department currently lacks in-house information technology specialists to support audit activities. As a result, system audits are carried out by external auditors.In addition, the Committee discussed the account maintained for the ‘Rebuilding Sri Lanka’ programme. Officials from the National Audit Office informed members that no statutory fund currently exists under the name “Rebuilding Sri Lanka” and the programme operates through an account maintained under the Deputy Secretary to the Treasury. Officials further confirmed that no payments have been made through this account to date.
2026-06-03
The Select Committee of Parliament to review the laws dealing with Elections (excluding laws dealing with Provincial Council Elections) and report to Parliament and submit its proposals and recommendations in that regard for the Tenth Parliament, has commenced calling for public proposals and views.This Select Committee is chaired by the Hon. Minister of Public Administration, Provincial Councils and Local Government, (Prof.) A.H.M.H. Abayaratne, and consists of 11 Hon. Members of Parliament.Its aspiration is to review the laws dealing with elections more particularly the Registration of Electors Act, the Local Authorities Elections Act, the Parliamentary Elections Act and the Presidential Elections Act, together with the several amendments made to the said Acts over the years and the Special Provisions Acts made applicable to the provisions of the Acts set out above, to assess the need to revise, amend and consolidate these Acts and to recommend the reform and amendments necessary to the current laws dealing with elections (excluding Provincial Council Election).The public/other interested parties and organizations are invited to submit proposals/views under the relevant scope for consideration by the said Committee, and such proposals/views are requested to be forwarded to the following address or to the email address legis_com@parliament.lk before 15th July 2026.Address:The Secretary to the CommitteeSelect Committee of Parliament to review the laws dealing with Elections (excluding laws dealing with Provincial Council Elections) and report to Parliament and submit its proposals and recommendations in that regardParliament of Sri LankaSri Jayawardenepura Kotte
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