Govt.to investigate into non-strategic investments at Seychelles
An official audit and investigation process will be initiated to inquire into the non-strategic investments at Seychelles, Finance Minister Ravi Karunanayake said on Thursday presenting a special statement in Parliament on Hundred Day Revolution of the present government.
Seychelles a country reputed worldwide as a tax haven has a handful of Sri Lankans living there as expatriates. Minister Karunanayake pointed out that another issue of concern is to rationalize the reason for an international Branch of a state Bank to be established at Seychelles.
He emphasised that the present government will ensure a critical analysis and an in dept evaluation pertaining to the viability of such an operation.
