March 23, Colombo (LNW): The National People’s Power (NPP) has announced plans to introduce a bill in Parliament aimed at recovering state assets that were unlawfully obtained under past administrations.
The proposed legislation will be formally presented to Parliament on April 08, according to MP Chandana Suriyarachchi.
The bill is designed to facilitate the legal confiscation of wealth, including funds and properties, accumulated through the misuse of state resources.
It seeks to hold individuals accountable for exploiting public assets for personal enrichment, particularly those with political ties to previous governments.
Speaking on the initiative, MP Suriyarachchi stated that the misuse of public resources had been a persistent issue in the country, with influential figures—including political leaders, their associates, and relatives—allegedly converting state-owned properties and funds into private assets.
The proposed law aims to introduce legal mechanisms that will enable the state to recover such wealth and return it to public ownership.
The NPP maintains that the legislation is a crucial step in addressing long-standing public grievances regarding corruption and the mismanagement of national assets.
Emphasising the party’s commitment to accountability, Suriyarachchi stressed that the initiative was not about political showmanship but about delivering justice to the people.
The proposed bill is expected to spark significant debate, particularly as it challenges individuals who have benefited from previous political regimes. However, the NPP asserts that such measures are necessary to restore public trust and ensure that national resources are utilised for the benefit of the country rather than private gain.
