10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Rauff Hakeem, Attorney-at-Law

Samagi Jana Balawegaya· Mahanuwara· 6 May 2026 ·Debate: Debate: Rescue, Rehabilitation and Insolvency (Corporate and Personal) Bill - Second Reading

Public FinanceLand & Housing
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Hon. Rauff Hakeem raised concerns about inadequate financial relief and bank lending in disaster-affected districts, noting low disbursements in Kandy, Badulla, and Nuwara Eliya despite earlier Government commitments. He questioned why affected property owners were being asked to accept a one-off Rs. 500,000 instead of the promised support of up to Rs. 5 million, and asked what had happened to the large parliamentary allocation and donated funds. He urged urgent action to ensure proper distribution of relief.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Presiding Member, I noted that the Central Bank’s Bank Supervision Department states that banks disbursed only about Rs. 2,000 million in Kandy District, Rs. 4,000 million in Badulla and Rs. 3,000 million in Nuwara Eliya. In Kandy, the most affected, only Rs. 2,000 million was disbursed due to banks’ reluctance and risk aversion. The Government promised up to Rs. 5 million per destroyed property, but now people are being told to accept a one-off Rs. 500,000 and settle. Nothing substantial has happened. Parliament allocated a large sum—we passed almost Rs. 750 billion. What happened to it? Around Rs. 8,000 billion has been collected by donations, none of which has been properly distributed. This must be addressed urgently, Hon. Presiding Member.

¶ 02 Thank you.

Provenance

Source
Hansard, Wednesday, 6 May 2026 ·No. 23541 ·English daily/uncorrected Hansard
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Cite as: The Hon. Rauff Hakeem, Attorney-at-Law. 10th Parliament, Parliament of Sri Lanka. Hansard, 6 May 2026. No. 23541. Politick, https://staging.politick.io/lk/speeches/5602