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SANASA depositors complain of fraud

The depositors of Wattegedera branch of SANASA bank yesterday staged a protest opposite the Western Provincial Council at Battaramulla claiming that two officials had embezzled Rs. 68 million deposited by them.

The protest was staged following the monthly meeting of the council.

The protesters said the Cooperative Department under whose purview the SANASA bank came also should take the responsibility.

They discussed the issue with Western Provincial Council Chief Minister Isuru Devapriya and other PC members.

The Chief Minister issued orders to Provincial Cooperative Minister Lalith Wanigaratne to dissolve the board of directors of SANASA bank and asked the Cooperative Department to take over the functions of the institution.