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Govt. plans to privatise Litro gas-Bandula

23 July 2015 04:53 pm - 14     - {{hitsCtrl.values.hits}}

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Former UPFA MP Bandula Gunawardane said today that the government had given the green light to privatise state owned Litro Gas Lanka Ltd by signing a Memorandum of Understanding (MoU) with Shell Gas Lanka Ltd.

Mr. Gunawardane said the government had signed a MoU with Shell Gas Lanka Ltd to purchase gas at US$105 per tonne, contrary to international tender procedure.

“34 companies had sent tendered to provide gas at lower prices while Shell Gas Lanka Ltd had quoted a higher price (US$ 122). However, the government, contrary to international tender procedure, signed an MoU with Shell Gas Lanka Ltd to purchase LP gas at US$ 105 following secret discussions with them even after the tenders closed. We ask how this was done, and who intervened in this deal?” he said

Former president Mahinda Rajapaksa took over the gas company which had been privatised during the tenure of Chandrika Kumaratunge and named it Litro gas.

He said this was the second biggest fraud of the new government, next to the Bond issue, and added that they would nullify this deal after coming to power. (Ajith Siriwardana)

  Comments - 14

  • Sikuru Thursday, 23 July 2015 10:38 PM

    MR gang doing the spreading rumors and lies part again but there is nothing wrong with privatization either , it stops corrupt politicians and officials from putting their dirty hands into them

    Sikuru Thursday, 23 July 2015 10:43 PM

    The SriLankan airlines was profitable when it was privatized but started making losses when MR nationalized it

    magala Thursday, 23 July 2015 10:44 PM

    What is wrong if the government is controlling the price and consumers are getting a good service at a reduced price.In the bond issue nothing is proved as yet only a ha hoo by the opposition. There is no COPE report yet and what was submitted is only a draft. Financial crimes should be proved beyond reasonable doubt and not on balance of probabilities like in civil prosecution. This is why the prosecution of Royal family members for corruption is taking time.

    Sikuru Thursday, 23 July 2015 10:46 PM

    It was these UPFA idiots who ruined state corporations! Even this statement proves he has no knowledge about business or economics

    Aney Magen ahanethuwey yaanda Thursday, 23 July 2015 11:12 PM

    WE KNOW HOW YOUR MR AND THUGS RIPPED POOR TAX PAYERS MONEY BY HAVING PRICED all goods for HIGH prices , AND WE KNOW THAT UR THE FOOL WHO SAID RS 2500 is enough for a family, WHEN MR WAS RULING Even Rs 50000 is not for a family... At least now the expenses has gone down. "IF MR CANT DO THESE THINGS IN 10 YRS , he will not DO IN NEXT 5YRS. All he did was ROBBED THE COUNTRY AND MADE POOR YOUNGSTERS IN TO DRUG USERS.

    lankan Friday, 24 July 2015 12:10 AM

    Patta pal boruwa. He deserves the best award for Tom pachaya. via DM Android App

    Henry Subasinghe Friday, 24 July 2015 12:37 AM

    Who is getting money out of this every chang some will get rich. out of it This time which minister is getting paga.I do not trust any of the politetions.

    Cobra Friday, 24 July 2015 06:39 AM

    They are scraping the barrel to mislead the voter, so bankrupt that they are!

    BuffaloaCitizen Friday, 24 July 2015 06:54 AM

    This is one utter absolute lie. We the public also have friends working inside LItro at very high positions of decision making, and they say that nothing of this sort took place. Shameless fellow.

    sach Friday, 24 July 2015 07:23 AM

    No.....Ravi K is allowing shell gas to enter SL even violating tender process

    Sri Lankan Friday, 24 July 2015 07:38 AM

    That is better than giving it to Mr. lock, stock and all barrels!!

    upali Friday, 24 July 2015 10:31 AM

    UNP is famous for privatization of state ventures.

    Polished Saturday, 25 July 2015 08:09 AM

    Again the Rajapasse clan robbed it dry

    Polished Saturday, 25 July 2015 08:12 AM

    Royal Family of bloody thieves


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