Navy gets Rs. 220 Mn from Avant Garde operations

16 December 2015 10:56 am - 7     - {{hitsCtrl.values.hits}}

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The Navy had earned an income of Rs. 220 million (USD 1.55 million) from the operations of Avant Garde Maritime Services Ltd (AGMSL) during the period from November 13 to December 13, Navy Spokesman Akram Alavi said in a statement today.

The Government in early November decided to handover the operations of the controversial AGMSL to the Navy.

Providing security to merchant ships carrying weapons, ammunitions and related equipment and for the smooth functioning of onboard security to vessels plying to and from High Risk Areas (HRA) were some of the operations carried out by the Navy since the takeover.

The Navy bears the responsibilities of receiving, holding and issuing of weapons, ammunitions and equipment belonging to foreign and local On Board Security Teams (OBST) who operate for merchant shipping companies which was exclusively handled by M/S Avant Garde Maritime Services Ltd (AGMSL) previously.

“The Navy had carried out a total of 652 moves in Galle and Colombo Harbour during the period from November to December and earned an income of Rs. 220 million. The revenue earned from these operations is directly deposited in the Consolidated Fund of the Government,” the statement said.
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  • on looker Wednesday, 16 December 2015 04:29 PM

    Just imagine how much money were made during Gothas time.?

    BuffaloaCitizen Wednesday, 16 December 2015 04:29 PM

    Very good move. Weapons should always be within and in control of the government and their state entities. Too many weapons with private companies leads to abuse and becomes another Columbia or Pakistan.

    S.P.RMKUMARA Wednesday, 16 December 2015 04:57 PM

    Cheers, It is the real security service revenue,

    Homosex Wednesday, 16 December 2015 05:00 PM

    In theory government can not do buisness as they can not be flexible for it

    Fassey Wednesday, 16 December 2015 05:13 PM

    Can imagine the wealth of Gota with Avant Guatd deal alone

    Das Thursday, 17 December 2015 05:59 AM

    Where are the illegal weapons with numbers erased seized from the ship Avant Garde.How were they procured? Does this not make it an illegal enterprise?

    praba Thursday, 17 December 2015 06:00 AM

    The revenue for five years would heave been 13200 mn rupees


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