At least twenty (20) Parliamentarians have failed to declare their assets and liabilities for this year, it was reported.
According to the Lankadeepa newspaper, Election Commission officials have informed Parliament officials to once again remind the said MPs to declare their assets.
A total of 169 Parliamentarians are required to declare their assets and liabilities and hand them over to the Speaker of the Parliament prior to June 30, every year.
However, the Commission to Investigate Allegations of Bribery and Corruption’s (CIABOC) attention has been drawn to the 20 MPs who are yet to declare their assets.
Under Sri Lanka’s new Declaration of Assets and Liabilities Law, a Parliamentarian who has failed to declare his/her assets by August 31 every year, can be sentenced to not less than one year imprisonment or be imposed a fine amounting to 12 months of his current salary, or both. (Newswire)