The Minister stated that a Rs 9.8 million profit was earned in 1998 by investing the EPF money in the Stock Market and since then millions of profits had earned since then until 2016. He added that a Rs 82.53 million profit had been earned in 2000 and Rs 114.40 million profit the next year. He also pointed out that a Rs 4,714 million profit earned in 2014 and Rs 3,894 million the following year.
Minister Kiriella made these observations in response to a query made by JVP Parliamentarian Anura Kumara Dissanayake under standing order 27(2) on a previous day.
Minister Kiriella further said that the 95 percent of the EPF money has been invested in Treasury Bills and a CID investigation was in progress on the Central Bank Bond investment in 2015