Sugar tender allegations unfound – Secretary
Posted by Editor on October 12, 2016 - 12:37 pm
Recent allegations on certain sugar and ethanol sales by Lanka Sugar Company are unfound as due procedures have been followed, said the Secretary to the Ministry of Industry and Commerce T.M.K.B. Tennakoon.
The Secretary addressing media yesterday in Colombo added that the tenders were called as per specified procedures and prices were decided transparently.
Weekend Sinhala newspapers had reported a tense situation in the Cabinet Meeting regarding “disposal of sugar and Ethanol (wholesale) at lower than market price”. The institution that came under scrutiny was Lanka Sugar Company, under the Ministry of Industry and Commerce.
(Government News Portal)
Latest Headlines in Sri Lanka
- Former CPC Chairman Dhammika Ranatunga granted bail by Colombo Court December 15, 2025
- Sri Lanka condemns Bondi Beach attack in Australia December 15, 2025
- Sri Lanka estimates USD 400 Million for railway reconstruction after Cyclone Ditwah December 15, 2025
- Large-scale drug trafficker arrested in Wattala with 21 kg of cannabis December 15, 2025
- Tragedy at Bondi Beach: Mass shooting at Jewish festival kills 15, injures dozens December 15, 2025
This is sweet (sugar coated) rort.
Whatever procedure (must be a flawed procedure which enriched many Yahapala die-hards) resulted in commodities being sold less than market price!!!
Many ethanol mudalalis created by the previous regime must be laughing at these (corrupt) Yahapalana jokers.