The Hon. Chaminda Wijesiri
Chaminda Wijesiri seconded Rohana Bandara’s motion and linked it to the Government’s policy statement, “A Prosperous Country – A Beautiful Life,” noting its emphasis on public, private and cooperative participation. He said cooperative banking falls under provincial authority, but argued that existing laws are inadequate when attempting to regulate, centralize oversight, and prevent irregularities. He called for stronger legal and regulatory arrangements to properly govern cooperative banks.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Mr. Presiding Member, I second the timely Motion moved by the Hon. Rohana Bandara and add my views. Hon. Minister, your policy statement “A Prosperous Country – A Beautiful Life” also addresses this area, which should empower action. Under empowerment, the Government proposes initiatives with public–private–cooperative participation—commendable measures to build a better country.
¶ 02 Hon. Minister, this is a Provincial subject. Studying history, when attempting to centralize, create linear ministries, set rules, and curb irregularities, the existing legal framework appears inadequate. Therefore, to properly regulate these cooperative banks…
Provenance
- Source
- Hansard, Friday, 11 July 2025 ·No. 1753082553092748 ·English daily/uncorrected Hansard
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/lk/speeches/21174
Cite as: The Hon. Chaminda Wijesiri. 10th Parliament, Parliament of Sri Lanka. Hansard, 11 July 2025. No. 1753082553092748. Politick, https://staging.politick.io/lk/speeches/21174