Anura Kumara comments on COPE findings over institutions steeped in controversy

Anura Kumara comments on COPE findings over institutions steeped in controversy

Written by Staff Writer

18 Aug, 2016 | 8:43 pm

Facts reported by the Committee on Public Enterprises, on several institutions, was the point of discussion at the media briefing convened by the People’s Liberation Front or the JVP on August 18.

The briefing was chaired by party leader, Anura Kumara Dissanayake.

Leader of the JVP Anura Kumara Dissanayake noted that Rakna Arakshaka Lanka Ltd. had invested a sum of one million one thousand four hundred rupees in various sectors, and none of them are legit investments where they have not obtained the required permission from the treasury.

He also added that the firm in question has not obtained permission from the respective ministry, adding that the state funds have been misappropriated.

” Until 2014, Avant Garde has inked six agreements with Rakna Arakshaka Lanka Ltd. The first report COPE clearly indicates that these agreements are not legitimate. In this backdrop, the government claiming to have Good Governance enters in o another agreement in October 2015. According to that, a sum of one million two hundred and fifty five rupees owed by Avant Garde to Rakna Arakshaka Lanka Ltd has been waived off …” added Anura Kumara Dissanayake.

Commenting on the Flag Carrier of Sri Lanka , Sri Lankan Airlines, the minister noted that fixed assets of the Airlines valued at 28 billion, dropped to 24 billion and the current assets depleted.

” There are arrears of 74 Billion rupees. It is an institution that is in debt of 62 billion. If the Airline is to be sold, once sold, another 62 billion rupees need to be paid to the buyer. That is how it will be even …” commented JVP Leader Dissanayake.

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