Connect with us

News

USD 6.9 mn loss: Ex-Minister remanded after failed bid to obtain anticipatory bail

Published

on

Mahindananda

… payment was made after China blacklisted state-owned bank

After his failed bid to secure anticipatory bail in respect of a case handled by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), regarding the loss of USD 6.9 mn caused by the procurement of substandard organic fertiliser in 2021, former Agriculture Minister Mahindananda yesterday (19) surrendered to the Colombo Chief Magistrate.

Chief Magistrate Thanuja Lakmali remanded him till 26 May pending further investigations. The court issued an arrest warrant last Friday (16) after he filed an anticipatory bail application.

Earlier, Investigation Officers of the Commission arrested former Additional Secretary (Development) to the State Ministry of Agriculture, Mahesh Gammanpila, on 28 April, for causing approximately USD 6.9 million loss to the government by giving instructions to open the suspended Letters of Credit to import the substandard organic fertiliser consignment from Qingdao Seawin Biotech, China, in 2021/22.

Gammanpila was granted bail on 05 May.

China removed Sri Lanka’s state-owned bank from a blacklist days after it made a payment for an organic fertiliser shipment that government authorities had rejected.

The bank settled the disputed payment of 6.87 million US dollars in January 2022 to China-based Quindao Biotech Group and honoured its Letter of Credit (LC) for the organic fertiliser consignment ordered by the Ceylon Fertiliser Company and Colombo Commercial Fertiliser Company Ltd.

The fertiliser company got a court order barring payments, after the consignment of fertiliser was found to contain the harmful Erwinia bacteria on a post-shipment examination.

China’s Qingdao Seawin Biotech Group Co. Ltd., demanded USD 8 mn from the agency, alleging negligence, claiming that Sri Lankan authorities had not followed proper standards in the sample tests.

The company insisted that the fertiliser had been cleared in a pre-shipment examination.

The court order, blocking the payment, was vacated on 03 January, 2022, allowing the bank to settle the payment. (SF)



Latest News

Festival advance for government officers to be increased

Published

on

By

In terms of the provisions of the Establishments Code on payment of festival advance to government officers, there’s a possibility of obtaining rupees 10,000/- as an advance for celebrating festivals of Theipongal, Ramazan, Sinhala and Hindu New Year, Wesak, Deepavali, and Christmas as well as for pilgrimages (Sri Paada pilgrimage and Hajj pilgrimage).

Provisions have been given to recover the said advance in 08 installments or if required earlier without interest. It has been proposed by the Budget 2026 to increase the said festival advance up to rupees 15,000/-.

Accordingly, the Cabinet of Ministers granted approval to the proposal submitted by the Minister of Public Administration, Provincial Councils and Local governments to revise the relevant provisions so that the festival advance can be increased up to rupees 15,000/- .

Continue Reading

News

Providing underutilized lands/properties to suitable investors for optimal utilization.

Published

on

By

As per the approval given by the cabinet meeting held on 02-06-2025, action is being taken at present to offer the underutilized lands/properties of the Sri Lanka State Plantation Corporation, the Janatha Etate Development Board, and the Elkaduwa Plantation Company which are under the Ministry of Plantation and Community Infrastructure which have been identified under stage one  to suitable investors.

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of  Plantations and Community Infrastructure to provide following lands/properties on a lease basis to the suitable investors for optimal utilization following the prescribed procurement procedure.

• underutilized lands/properties identified under stage two owned by the Sri Lanka State Plantation Corporation, the Janatha Estate Development Board, and the Elkaduwa Plantation
Company,

• The Mawarala watte land and the Tea factory 40.48 hectares in extent, located in Matara District belonging to the Tea Shakthi Fund.

• The underutilized land of 1,541 hectares in extent of Kondachchi Estate is enjoyed by the Sri Lanka Cashew Corporation.

Continue Reading

Latest News

Implementation of the National Fisheries and Aquaculture Policy

Published

on

By

The drafting of the National Fisheries and Aquaculture Policy has commenced with the objective of equitable distribution of the benefits of the fisheries industry and the sustainable management of fisheries and aquaculture. This policy has been updated from time to time according to current requirements. However, steps have not been taken to obtain the approval of the Cabinet of Ministers for that purpose.

According to the policy declaration of the present government, ‘Vistas of Prosperity and Splendor’ the National Fisheries and Aquaculture Policy has been redrafted, updating the aforementioned policy in line with the economic and development objectives of the government.

The recommendations of the Department of National Planning have been received for the drafted policy.

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Fisheries, Aquaculture, and Marine
Resources to implement the National Fisheries and Aquaculture Policy, integrating it with other relevant policies.

Continue Reading

Trending