Rs. 6,900 mn loss from urea tender: Gulf Trade and Investment Board Head

Aquarius Thursday, 20 October 2022 02:05 PM

What's new and will those responsible be brought to justice? This is the game these corrupt businesses with links to politicians have played to fill their own pockets. Rs. 6,900 million seems a colossal amount and there is no justice if this amount is not recovered by those who pocketed them. We only hear about scams, and nothing done to recover the money or prosecute those responsible.

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lion Thursday, 20 October 2022 02:52 PM

frustration after frustration, when we see these news, every purchase oil,coal, then urea besieged with corruption and kick backs.While country men are fighting for a one meal a day these plunderers who govern the country are shamelessly milking our poor country and its millions of povertiy stricken people. Unless this system is changed our country is doomed.

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Down the prices Thursday, 20 October 2022 02:52 PM

Why did they fail on the tender the first time. They did wrong things, and now want to cut the successful tenderer... Much like India claim security risk to break business venture China has.

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G Thursday, 20 October 2022 06:54 PM

President has to put the foot down on corruption and malpractices... its our tax paying money been misused....

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Sambo Thursday, 20 October 2022 08:01 PM

Every turn it's a commission and that's why we are a bankrupt country. Why is there no investigation to these findings. There is corruption in the blood of some Sri Lankan's.

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Pantha Kumara Friday, 21 October 2022 02:04 AM

Every day we hear these sort of news. Sadly the culprits are not brought to justice. because of their political links. How long we can allow these criminals to operate without justice.

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Suruppa Daya Friday, 21 October 2022 06:10 AM

Look who is talking. Isn't this the same Mohan Perera who with PB Jayasundera and Mahindanada defrauded the country by importing Nano Urea

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Ranjan Friday, 21 October 2022 07:27 AM

But in these decisions, the World Bank too has got involved. What are the reasons for such decision? Ministry need to reply these allegations.

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Ranjan Friday, 21 October 2022 08:10 AM

This trader together with their Principals` should be blacklisted for coming down later to a price of US$ 595 from a staggering original offer of theirs US$ 1,050. They tried a fast one. World market price is around US$ 600 but they tried a profit of US$ 400.

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Suruppa Daya Friday, 21 October 2022 09:03 AM

This supply was evaluated by the World Bank as the funding agency. They found that Ukraine is not a nett Urea producer. They surmised that cargo would be from Iran and an embargo is in effect for cargoes from Iran and also Russia. India bought a total of 1.2 million tonnes in Bulk in the region of $750. Part of it from Oman with who Indian government has made an investment. The requirement of quality certificates is in place so that rubbish like the Chinese shit or useless Nano Urea Mohan Perera supplied does not come into the country. So the price of $595 for bagged cargo was too good to be true.

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Jacoob Mr 25% Friday, 21 October 2022 10:04 AM

No , probably 5,175 million only. Mind you , we are a 25% country only. That 25% ( 1,475 million would have found its way back to the paradise ) ..

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