P. Ranil's UNP gone to the brink of madness, wot a disgrace to the country
Aug 29, Colombo: Sri Lanka's major opposition United National Party (UNP) will have a demonstration before the Colombo HSBC bank tomorrow 12.30 PM to protest the bank and the government for dealing on a high interest loan that UNP says hateful to the state and the people.
UNP and Opposition Leader Ranil Wickremasinghe has already written to the Chief Executive Officer of HSBC Holdings PLC, Stephen K. Green that the party would not honor the dollar bond under a future UNP administration. UNP has also informed this decision to the heads of J.P. Morgan Chase and Barclays PLC banks, the other two financial institutes involved in the deal.
UNP also voiced suspicions over a huge kick back behind the US$ 500 million long term bond.
The government says this loan is meant for infrastructure development in the country under ‘Randora’ (Golden Gate) programme.
Colombo Page
Aug 29, Colombo: Sri Lanka's major opposition United National Party (UNP) will have a demonstration before the Colombo HSBC bank tomorrow 12.30 PM to protest the bank and the government for dealing on a high interest loan that UNP says hateful to the state and the people.
UNP and Opposition Leader Ranil Wickremasinghe has already written to the Chief Executive Officer of HSBC Holdings PLC, Stephen K. Green that the party would not honor the dollar bond under a future UNP administration. UNP has also informed this decision to the heads of J.P. Morgan Chase and Barclays PLC banks, the other two financial institutes involved in the deal.
UNP also voiced suspicions over a huge kick back behind the US$ 500 million long term bond.
The government says this loan is meant for infrastructure development in the country under ‘Randora’ (Golden Gate) programme.
Colombo Page
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