Colombo (LNW): Immediate measures should be implemented to reclaim “stolen assets” as a means to repay loans and revive the economy, following the recent Supreme Court ruling on the country’s economic crisis, stated former president Chandrika Bandaranaike Kumaratunge.
In a social media video, she commended the rare and significant Supreme Court verdict, highlighting that penalties were not imposed on the parties mentioned as the petitioners did not seek such action.
Kumaratunge urged citizens affected by the crisis to seek redress in court, emphasising the possibility of recovering funds from offshore accounts and assets to compensate those impacted.
She cited the World Bank’s specialised unit for recovering stolen assets as a potential resource for assistance in this regard, drawing parallels with successful efforts in the Philippines.
