Hon. Kabir Hashim
Hon. Kabir Hashim thanked the Minister for the response and outlined a complaint concerning penal interest on arrears, noting that no arrears existed before COVID-19 and disputing the imposition of penal interest for the pandemic period. He requested that both the complainant and the relevant financial institution’s officials be summoned before the Committee on Public Finance to clarify the matter and reach agreement.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Minister, thank you very much for the response. According to the complaint provided to me, from January 2019 to 31 March 2020 — that is, prior to COVID-19 — there were no arrears payments. Thereafter, during the COVID period, there was no time when penal interest had to be paid; and after that, all penal interest has been paid — that is what is stated. I request that both the complainant and the officials of the relevant institution be brought before the Committee on Public Finance so that we can reach agreement. The issue is that the financial institution tells him that even for the pandemic period, penal interest must be paid. That is the problem.
Provenance
- Source
- Hansard, Tuesday, 9 September 2025 ·No. 1757672711095734 ·English daily/uncorrected Hansard
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/lk/speeches/9788
Cite as: Hon. Kabir Hashim. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 September 2025. No. 1757672711095734. Politick, https://staging.politick.io/lk/speeches/9788