NOC’s Rs.41m fixed deposit revealed; media briefing held

NOC’s Rs.41m fixed deposit revealed; media briefing held

Written by Bella Dalima

07 Jan, 2014 | 11:00 pm

It was revealed on Tuesday that the value of the fixed deposit of the National Olympic Committee is forty one million Sri Lankan rupees.

In the meantime,  addressing the media on Tuesday, Secretary to the NOC Maxwell De Silva said that over 29 sports regulations required amendment.

The National Olympic Committee convened this media briefing on Tuesday morning to update the media on the present situation of amending sports regulations.

This was the first media briefing convened by the NOC after its meeting with the IOC and the Ministry of Sports on  November 27 last year. It must be noted that Chairman Hemasiri Fernando was not present for the media briefing.

Responding to the questions raised from the journalists who attended the briefing, Comittee Secretary Maxwell De Silva said that no statement was made at the Luzane meeting with regard to the imposition of a ban on Sri Lanka.

Secretary of National Olympic Committee, Mawell De Silva said; “There are 204 member states in the Olympic Federation. This means that there are 204 different cultures. We were told that they were aware of our diversity. We informed them that we were 10% caught up in the moment. Every country is required to maintain that. There is no change that can be made.  That is why there is no political interference .”

He added; “It is important that autonomy and accountability is maintained. Certain provisions of the Sports Act provide excessive powers to one individual. I am not saying that Minister Mahindananda would abuse this. It is just that one person has a lot of power.”

Vice-Chairman of the Olympic Committee Rohan Fernando stated that all transactions of the committee should be transparent.

When queried,  the Vice-chairman stated that close to one million rupees is received from foreign funds for the maintenance and administration of the Olympic Committee.


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