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LIOC holding on to Trincomalee oil tanks illegally

11 April 2017 07:02 pm - 6     - {{hitsCtrl.values.hits}}

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The Janatha Vimukthi Peramuna (JVP) today accused the Lanka India Oil Company (LIOC) of illegally holding on to the oil tanks in Trincomalee.

Party leader Anura Kumara Dissanayake told a media briefing that this was clear when considering the Cabinet paper submitted by Petroleum Resources Minister Chandima Weerakody last year.

“According to this document, the Sri Lankan Government and the LIOC should have signed a tax agreement within six months after handing over the tanks in Trincomalee. However, that has not happened. In such a scenario it is obvious that the LIOC is holding on to the tanks illegally,” the MP said.

“Between 2005 to 2009 the CPC has paid the LIOC Rs 692 million as taxes while the LIOC has paid only Rs.75 million. “This is like renting a house for Rs.100,000 a month and obtaining a room from the tenants at a monthly rental of Rs.1 million,” he said.

He said Prime Minister Ranil Wickremesinghe had meanwhile submitted a Cabinet proposal to hand over the oil tanks in Trincomalle to a public-private company with India despite what's happening with the oil tanks. The MP said National Policies and International Trade Minister Malik Samarawickrama was due to finalise an agreement with India by the end of this month.

“We will join the trade unions to defeat the moves being made by the government to handover the oil tanks in Trincomalle to this company,” he said.

Citing reasons to oppose this move, the JVP leader said the government would be able to save Rs.618 million annually if it distributed oil to filling stations in Anurdhapura, Polonnaruwa and the North from Trincomalle instead of transporting oil form Colombo as done currently. (Yohan Perera)

 

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  Comments - 6

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  • JANS Wednesday, 12 April 2017 08:37 AM

    Make sure Oil Tanks were given with oil or with out Oil Last time IOC given with oil.and GAJAMITHURO makes Billions via DM Android App

    Aravindan Wednesday, 12 April 2017 09:09 AM

    Indians are taking over our natural port and you are worried about oil in a tank.

    Tanis Wednesday, 12 April 2017 09:43 AM

    When an election is on the horizon you have to keep that country for obvious reasons.

    gamini Wednesday, 12 April 2017 10:41 AM

    all that the JVP can do is indulge in regressive trade union actionTrade union actions do not develop a country

    Mendis Tuesday, 11 April 2017 08:54 PM

    Indians are taking over our assets while we are watching the IPL .

    Shelly. Wednesday, 12 April 2017 03:43 PM

    Anura dosent know where and how law applies. He hates anything India. via DM Android App


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