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Sajith’s housing loans in 2015 creating issues now – Minister

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Urban Development and Housing Minister Prasanna Ranatunga told Parliament yesterday (10) that during the time when Opposition Leader Sajith Premadasa was the Housing Minister, housing loans were given in a haphazard manner and even officials are finding it difficult to find a correct address of some loan recipients.

The Minister also said that during the five years from 2015-2019 when Premadasa was the Housing Minister, more than one 100,000 houses were started without money allocations and were later abandoned midway.

The Minister also said that this crisis had arisen due to contracts for more houses than the estimated amount to show the country that Premadasa was building more houses.

He was responding to some allegations levelled by Premadasa.The loans of 53,709 beneficiaries given when Sajith Premadasa was the Housing Minister had to be restricted due to this.

During the period of 2015-2019 when the current Opposition Leader was the Housing Minister, seven housing projects had been initiated.

In 2019 alone, the construction of 62,994 houses had been started although allocations were only for 40,500 houses.

During 2015 and 2019, Premadasa had started the construction of 341,510 houses, but only 233,578 houses had received the necessary provisions.

Accordingly, during the inspection of the process of granting housing loans during the time of Sajith Premadasa, it was found that 53,709 of the housing recipients were ineligible for it.

The post Sajith’s housing loans in 2015 creating issues now – Minister appeared first on DailyNews.

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