Government to review all financial institutions

2019-12-02 at 13:31

State Minister for Development Banks and Loans Shehan Semasinghe says the government will review all financial institutions in the country.

Speaking during a media briefing State Minister Semasinghe said the present administration will arrive at an appropriate decision to compensate all those who are affected by financial institutions, that have been accused of various malpractices.

The State Minister said a decision will be made in this regard without harming the country, economy and the consumers.

He noted the government is of the view that all perpetrators must be punished within the existing legal framework adding that necessary action will be taken accordingly and all customers will be fully compensated.