Minister nails canard regarding proposed law
Ishara Mudugamuwa
|
Minister S B Dissanayake |
The government has no plan whatsoever to take over private sector
enterprises or businesses of foreign investors. It only wants to take
over state land obtained illegally at undervalued prices due to private
or political connections and unutilized state land given to the private
sector through bank loans, said Higher Education Minister S B
Dissanayake.
He said at present rumours are spreading that the government is
planning to take over all non-profitable institutions. But no one should
fear this since the government never intended any such move. ”Some
people who obtained state land, factories and enterprises at very low
prices completely destroyed them.
‘Some let go of them after exploiting all their resources without
even paying the EPF. Some produced illegal alcohol in the guise of
producing sugar. Hingurana Sugar Factory, Tyre factory and Steel
Corporation are some of the examples.
‘The government’s sole intention is to protect resources and use them
in the proper manner,” said the minister. |
