• CNL Reporter
• March 4, 2025
• Investment
• EPF suffers nearly Rs. 20 billion in direct losses from investments
• 0 Comments

The Employees’ Provident Fund (EPF) has suffered close to Rs. 20 billion in losses from bond and equity market investments, with an additional Rs. 12 billion in foregone earnings, as a result of bypassing due process and investing in unlisted equity, according to a new report by Verité Research. The report has calculated these losses and foregone earnings by analysing …