No private assets will be taken over by the Government: Basil

Monday, 14 November 2011 00:01 - - {{hitsCtrl.values.hits}}

Following are excerpts of the speech made by the Economic Development Minister Basil Rajapaksa in Parliament on Wednesday during the debate on the Revival of Underperforming Enterprises and Underutilised Assets Bill

All property included in this draft bill is public property which belongs to the people and not private property. This should be stated categorically. These public properties have been vested in private industries or enterprises under various conditions at various terms in the past.