The United National Party (UNP) claims that over the last two years several people have pawned their jewellery.
UNP MP Karu Jayasuriya said that according to some bank managers there is no room in their safety deposit boxes as they are full with pawned items.
He said that people are pawning their valuables in order to borrow money to survive as a result of the rise in the cost of living.
“The government does not know the suffering of the people. It is really disappointing when we see how the government is wasting public funds. We as a country fall into dept to repay debts. The IMF loan we got recently is to pay off the debts. And the loan taken from the IMF will have to be paid off not by just us but even the generations to come,” he said.
Jayasuriya also said that there was a media report to the effect that 4,014 reports on financial fraud and corruption committed by high ranking state officials have been handed over to President Mahinda Rajapaksa.
However he said the reports are likely to go in the cupboard like most other reports based on investigations into other incidents.