Housing Ministry to probe unauthorized lending of housing loans from 2015 -19
Posted on December 17th, 2023
Courtesy The Daily Mirror
Colombo, Dec 17 (Daily Mirror) – Minister of Housing and Urban Development Prasanna Ranatunga has ordered a probe into unauthorized lending of housing loans in his Ministry from 2015 to 2019.
“Unauthorized lending has been done mostly in the Hambantota District,” the statement said.
An official statement from the Ministry said funds allocated for certain housing schemes under the Udagama project have been transferred to several other housing schemes.
Meanwhile, the Ministry is to start work on the construction of 98,000 houses which has been halted halfway. It has been found that work on 2,150 Udgamas has been stopped during the regime of 2015.
Meanwhile, work on 2,795 houses has been fully completed after the SLPP government came into power but work on the other houses could not be completed due to the Covid-19 pandemic.