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Navy earns Rs.1bn from Avant Garde operations

7 April 2016 04:45 pm - 12     - {{hitsCtrl.values.hits}}

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The Navy said today that it had earned an income of Rs. 1 billion from the operations of Avant Garde Maritime Services Ltd (AGMSL) during the period from November 13, 2015 to April 06, this year.

Navy Spokesman Akram Alavi said the Navy had carried out a total of 2,689 moves at Galle harbour and earned an income of Rs. 980 million while Rs. 30 million of income had been earned from 105 moves in Colombo harbour.

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

Captain Alavi said the revenue earned from these operations is directly deposited in the Consolidated Fund of the Government.(DS)

 


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  Comments - 12

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  • Azeez Thursday, 07 April 2016 05:13 PM

    Wonderful Just for a short period of only 05 months. Otherwise who would have pocketed this money via DM Android App

    dinesh Thursday, 07 April 2016 05:29 PM

    Can government reduce taxes now?

    rw Thursday, 07 April 2016 05:33 PM

    if we can know the expenses for it.will be great . via DM Android App

    ahamed Thursday, 07 April 2016 07:02 PM

    good news. Also rates are coming down right now day by day. A healthy sign of yp. via DM Android App

    lokka Thursday, 07 April 2016 07:14 PM

    crazy via DM Android App

    Mr Facts Thursday, 07 April 2016 07:42 PM

    Can u let us know the net profit please?

    REALPATRIAT Thursday, 07 April 2016 08:38 PM

    Where are the sharks that swallowed AVANT GARDE ARMOURY EARNINGS (INCOME ) DURING MAARA REGIME via DM Android App

    ananda Thursday, 07 April 2016 11:57 PM

    Good show Yahapalanaya. We need similar strokes in the future. via DM Android App

    Joachim Friday, 08 April 2016 12:55 AM

    Navy involved in illegal operation. Storing and releasing arms not verified for purpose they are used.

    Sharon Friday, 08 April 2016 05:48 AM

    Can we also know what would have been via iOS App

    Sharon Friday, 08 April 2016 05:49 AM

    Can we also know what would have been the income if AG did the operation during this time. Then we know how wise the decision was via iOS App

    Andrew Pitugala Saturday, 09 April 2016 10:14 AM

    Yes, but who pocketed thsi profit during the previous regime.


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