SLMC has accumulated fund base of 300 million

06 Jan 2012 - {{hitsCtrl.values.hits}}

In the midst of controversy surrounding the Sri Lanka Medical Council (SLMC), the Parents Association of Foreign Qualified Medical Graduates today said the SLMC had an accumulated fund base of 300 million including land and other assets which were not audited by the Auditor General.

The association’s Convener Dr. Lalith Chandradasa said Rs.200 million was also allocated to the SLMC from the government consolidated fund. The funds were audited by a private company but not by the Auditor General, he said. Furthermore according to the 2010 SLMC audit report a property was purchased in 2009 at a sum of Rs.57 million.

The SLMC is the monitoring body of the health sector in Sri Lanka and functions independently. The SLMC earns its revenue through initial medical registrations which is Rs.7,000, renewal of medical licenses which is Rs.5,000 and funds collected from conducting Act 16 examinations.

“The SLMC says that it is an independent, transparent body. If this is the case how is it that they receive government funds and there is no transparent system to ascertain how money is being used. There is no accountability. To whom are they responsible?” Chandradasa questioned. (Olindhi Jayasundere)

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SLMC has accumulated fund base of 300 million

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