CEB has purchased power on arbitrary rates during last five years: COPE Chairman

24 October 2019 03:34 am - 6     - {{hitsCtrl.values.hits}}

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The Ceylon Electricity Board (CEB) has purchased power at their own discretion without any transparency for the last five years, the Committee on Public Enterprise (COPE) said yesterday. The COPE report which was submitted to Parliament by its Chairman JVP MP Sunil Handunetti said.

Purchases of power at rates ranging from Rs. 100 to Rs. 1000 million had been made per day from 70 generating points without determining prices in a proper manner.

The COPE had recommended that there should be a method of determining prices through computer software but such a system has not been implemented during the last five years. “Though the software has been purchased it has not been used,” the report added.

The report revealed that the State Pharmaceuticals Corporation had possessed a stock of substandard and expired medicines worth Rs 104.4 million as of April 2018. The report said some types of medicines are imported in abundance because requirements had not been assessed properly.

The COPE report had come up with another staggering disclosure where the General Manager of People’s Bank had been paid a salary of Rs 2.1 million in 2018 although he had been recruited on a contract basis. It was also revealed that Rs.75 million had been paid to the then Chairman as salary arrears. The approval had been seeking to extend the service of the present chairman. The COPE has however recommended not to give a service extension.

The report revealed that a stock of kerosene mixed with diesel was found when transported from the oil storage of Muthurajawala to Kurunegala. Investigations had revealed the mixing was done on December 31, 2017, at Minuwangoda. Some 33,000 litres of diesel had been contaminated by this act. The driver and the assistant who was held in connection with the incident have been bailed out.

Meanwhile, COPE Chairman Sunil Handunetti while presenting the report suggested that judicial officers including representatives of Attorney General be allowed to witness the committee proceedings so that the investigations become real evidence. Such an exercise he said could expiate action on anyone who is found guilty of any offence. He said such a practice is being carried out in countries such as Pakistan. (Yohan Perera and Ajith Siriwardana)

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  Comments - 6

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  • Purawasiya Thursday, 24 October 2019 07:11 AM

    That's called transparency in transactions!!. They made it a puzzle for auditors! Why didn't identify this within first one-two years!?. Must implement a real transparency in all transactions in all ministries, and publish them to public in every quarter in details.

    Sambo Thursday, 24 October 2019 07:33 AM

    Every department and ministry in this country is full of corruption. From top to the very bottom all are money hungry and cheating the poor tax payers and no one to stop these sinful actions. Can we ever develop.

    cwanaga 3 Thursday, 24 October 2019 07:41 AM

    when swindler is in charge, would have to expect it.

    Ronnie Bugger Thursday, 24 October 2019 08:10 AM

    On the matter of electricity, Ravi Karunanayake appears to be Ali Baba and the other seniors are his 'golayas'. Sharing the spoils.

    max Thursday, 24 October 2019 08:14 AM

    Great job sir!

    Drowned in the Sea Friday, 25 October 2019 07:01 AM

    Is there a competition to select the biggest ALI BABA at the National Level? Where are the regular whistle blowers? Where is the Internal Audit?


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