NPP to present Bill on confiscation of illegally acquired state property

NPP to present Bill on confiscation of illegally acquired state property

March 23, 2025   08:32 am

The National People’s Power (NPP) is set to present a bill in Parliament aimed at reclaiming state property that has been illegally or improperly acquired under previous governments, MP Chandana Suriyarachchi says.

Speaking on the proposed legislation, MP Suriyarachchi stated that the bill would be tabled in Parliament on April 8. 

The legislation seeks to facilitate the legal confiscation of assets and funds obtained unlawfully by individuals who misused state resources for personal gain.

“The previous rulers of this country, along with their close associates, relatives, and political allies, have misused state property, resources, and public funds in various ways, turning them into personal assets. This bill introduces new laws that will allow the government to reclaim such ill-gotten wealth,” he said.

He further emphasized that the NPP remains committed to addressing public grievances and ensuring accountability. 

“We believe we are fulfilling the aspirations of the people by taking necessary measures to combat corruption without unnecessary spectacle,” he added.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Sri Lanka should avoid measures that shatter investors' trust - Ranil Wickramasinghe (English)

Sri Lanka should avoid measures that shatter investors' trust - Ranil Wickramasinghe (English)

UK sanctions Shavendra Silva, Wasantha Karannagoda, Jagath Jayasuriya and Karuna Amman (English)

Recent shooting incidents do not threaten national security – Dy Defense Minister (English)

Motion to remove Deshabandu from IGP post submitted to Speaker (English)

NPP MPs submit motion to remove Deshabandu to the Speaker; SJB to also support proposal

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

🔴LIVE - Ada Derana Midday Prime News Bulletin 12.00PM - 2025.03.25

No one is authorized to collect donations for special exposition of Sacred Tooth Relic - Dalada Maligawa (English)