Rs. 400 m loss to State from vehicles for Commonwealth Summit

Monday, 5 June 2017 00:00 - - {{hitsCtrl.values.hits}}

The State has suffered a loss of Rs. 400 million from the sale of 82 motor vehicles purchased for the Commonwealth Heads of Government Summit in 2014 under the administration of President Mahinda Rajapaksa.

The loss has been revealed in the Auditor General’s observations in the 2016 Annual Report and Accounts of the Finance Ministry.

Auditor General H.M. Gamini Wijesinghe has said that the Finance Ministry has no action for the “write off of the loss of Rs. 400 million in the year 2014 in the sale of 82 motor vehicles purchased for the Commonwealth Heads of Government Conference and that amount had been further included in the Suspense Account of the financial statements.”