News

CPC paid over $17mn. as demurrage costs in the last 2 years!

Published

2 years ago

November 13, 2023

editor

The Ceylon Petroleum Corporation (CPC) had been compelled to pay USD 170,873,816 as demurrage costs in the last 02 years for oil shipments obtained out of procurement process and under emergency purchases.

A state audit has revealed that the CPC has paid USD 1,651,470 in 2021 and USD 169,222,346 in 2022 as demurrage costs.

The cost has risen by 924 per cent in 2022, compared with the previous year.

In addition to demurrage costs, a large sum has been footed as premiums, reports add.

Meanwhile, CPC officials were summoned to a COPE meeting last week. During the meeting, it was revealed that while there are no demurrage costs in 2023, such costs which took place in 2021 and 2022 still exist.

Also, the Auditor General had mentioned that a special audit investigation has been initiated in this regard and the report will be prepared and completed within a month. The Auditor General pointed out that the matter can be discussed at length after the report is compiled.

During the meeting, it was also discussed whether steps have been taken to recover USD 21 million that should be collected due to the non-delivery of crude oil as agreed with suppliers.

(Source : Divaina)

News

03 vehicles collide at railway crossing

Published

9 hours ago

May 21, 2025

editor

03 vehicles have collided at the Merawala railway crossing on the Chilaw-Colombo main road.

The accident occurred at around 6.25 a.m. this morning (May 21) when a van, which had stopped behind a fuel bowser at the Chilaw Marawala railway crossing while it was closed for train traffic, was rear-ended by a prime mover transporting cement.

The prime mover had been unable to stop due to brake failure.

The van involved in the accident sustained significant damage and Chilaw Police are currently conducting further investigations.

(Pic: Accident 1st)

News

Ramith Rambukwella arrives before CIABOC

Published

9 hours ago

May 21, 2025

editor

Ramith Rambukwella – son of former Minister Keheliya Rambukwella arrived at the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) earlier today (May 21) to record a statement.

Colombo Chief Magistrate Thanuja Lakmali yesterday (May 20) ordered the further remand of Keheliya Rambukwella until June 03, following his arrest by the CIABOC over 03 complaints related to alleged corruption.

The court also granted permission to name Ramith Rambukwella as a suspect in the case.

News

Mahindananda seeks permission for home cooked meals

Published

10 hours ago

May 21, 2025

editor

Former Minister Mahindananda Aluthgamage, who is currently in remand custody, has submitted a written request to prison authorities seeking permission to receive food from his home.

He is currently being held at the “M 2” ward of the Colombo Remand Prison along with around 10 other prisoners, according to reports.

It is also reported that former minister Keheliya Rambukwella is being detained in the same ward.