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Navy earns Rs. 2.3 bn from Avant Garde operations

14 November 2016 02:47 pm - 6     - {{hitsCtrl.values.hits}}


Having taken over the Onboard Security Team Operations (OBST) from Avant Garde Maritime Services, the Navy said today said that it had earned an income of Rs. 2.33 billion since November 13 last year.

Navy Spokesman Akram Alavi said the Navy had carried out a total of 6,150 shipments to the Galle harbour and 496 shipments to the Colombo harbour, with an average of approximately 554 shipments month.  

The earnings generated through OBST operations are directly deposited in the Consolidated Fund of the Sri Lanka Government.

 With the annulment of the previous agreement, Sri Lanka Navy was entrusted the task of providing security to merchant vessels and supplying services to Security Firms involved in providing onboard security for merchant ships.

The Government in early November decided to handover the operations of the controversial AGMSL to the Navy.(Darshana Sanjeewa)


  Comments - 6

  • Mandy Monday, 14 November 2016 05:06 PM

    Money to Govt and Country. Thanks voters for change of Govt Othewise all this would by now have been in off shore accounts in Panama and Dubai.

    Vik Tuesday, 15 November 2016 04:35 AM

    How does this compare with the recorded earnings of Avant Guard? It the Navy has earned significantly low, appropriate action should be taken to generate more revenue to the country.

    chandra Tuesday, 15 November 2016 07:40 AM

    Net income to the country has reduced. via DM Android App

    Lanka Banana Tuesday, 15 November 2016 08:30 AM

    Has this new income being considered when imposing new taxes and revising up tax rates at the budget.

    nimal Tuesday, 15 November 2016 02:26 PM

    Now what GOTA can say....

    Harry Wednesday, 16 November 2016 05:41 AM

    Avant Guard operated in Somalia Seas against pirates and around Sri Lanka during the war? Misappropriation funds is a legal matter to investigate

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