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Government embezzles money from Ranaviru Fund |
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2009-10-03 | 2.05 PM |
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The government has fraudulently used millions of rupees that were to be allocated for the war heroes’ welfare from the Jayaviru lottery. The monies that have been fraudulently used have been received through public donations and other public funds.
These details have been revealed in the 2008 audit report of the Ranaviru Seva Authority released under the signature of Deputy Auditor General Nimal Perera on July 22. Although the Treasury was supposed to give a sum of Rs. 715,318,478 to the Ranaviru Seva Authority from the National Lotteries Board between the period of 2000 and 2008, the Authority had been allocated only Rs. 526,906,408. Hence, the Treasury has held back a sum of Rs. 188,412,020 from the Authority.
The Treasury has therefore held on to the monies due to the Authority from the Jayaviru lottery.
Meanwhile, the Ranaviru Seva Authority has invested Rs. 111,792,297 in Treasury Bills, Rs. 22,000,000 in fixed deposits and Rs. 10 million in the State Mortgage and Investment Bank. The Auditor General has charged that the investments were made in the hope of increasing profits.
It has been revealed that in this backdrop, the Authority has been unable to successfully implement the projects launched for the welfare of the families of dead soldiers and the disabled.
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