The Hon. Wasantha Samarasinghe - Minister of Trade, Commerce, Food Security and Cooperative Development
The Minister stated that a cooperative entity approved in the North-Central Province cannot use that approval to operate branches nationwide, noting reported links to Aranayake through a director. He said the North-Central Governor and Commissioner have been instructed to expedite the inquiry, with a report to be presented soon, and added that legal action would follow where gaps in cooperative law have been exploited.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Member, as you said, it operates in the North-Central Province, and we note links to Aranayake as well via a director. One cannot take approval from one Province and expand branches nationwide. The Governor and Commissioner in North-Central Province have been instructed to expedite the inquiry. We intend to conclude it swiftly and present the report, and further disclosures will be made. They have exploited lacunae in the Co-operative law; we will complete the process and take necessary legal action.
Provenance
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- Hansard, Tuesday, 8 July 2025 ·No. 1752482630017444 ·English daily/uncorrected Hansard
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Cite as: The Hon. Wasantha Samarasinghe - Minister of Trade, Commerce, Food Security and Cooperative Development. 10th Parliament, Parliament of Sri Lanka. Hansard, 8 July 2025. No. 1752482630017444. Politick, https://staging.politick.io/lk/speeches/10858