“Billions made in one year after SL Navy took over Avant Garde operations”

“Billions made in one year after SL Navy took over Avant Garde operations”

“Billions made in one year after SL Navy took over Avant Garde operations”

Written by Lahiru Fernando

16 Nov, 2016 | 6:48 am

The Sri Lanka Navy has been able to earn Rs. 2.33 billion for the government to date, since taking over maritime security operations from Avant Garde Maritime Services Limited in 2015.

The Sri Lanka Navy said that during the course of the year, it had earned an income of Rs. 2.33 billion for a total of 6,646 ship movements. It added that Galle and Colombo operation centres have carried out 6,150 and 496 movements respectively averaging approximately 554 moves per month.

Operations of Avant Garde Security Services Ltd., which sparked massive controversy surrounding its transactions during the previous regime, were taken over by the Sri Lanka Navy following a special directive issued by President Maithripala Sirisena.

Thereby, with the annulment of the previous agreement, Sri Lanka Navy was entrusted the task of providing security to merchant vessels and supplying services to security firms involved in providing on-board security for merchant ships.

Since the new takeover, the Galle and Colombo operation centres have been given authority to receive, hold and issue weapons, ammunition and other related equipment belonging to foreign as well as local on board security teams.

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