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Plan to write off Rs.300mn worth debts of fuel station owners revealed

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A proposal has been made to get the Cabinet approval to write off an excess amount Rs. 300,882,260.78 due to the Ceylon Petroleum Corporation (CPC) from the filling station owners as bad debt, it is learnt.

The trade union representatives alleged that most of the filling station owners are friends and relatives of politicians, and that they are taking advantage of these connections.

The total amount owed to the CPC from the fuel distributors is over Rs.16 billion and Rs.300 million has been proposed to be cut off as the first stage.

The Aruna newspaper reported that the proposal is to be forwarded to the Cabinet this week.

This amount is estimated as the amount to be owed up to March 16, 2022.

It is estimated that this amount should be paid to the CPC under fuel price stabilisation which is the basis for calculating the discount amount to the filling station owners keeping up with fuel price fluctuations.

It is said that the recommendation to write off the amount owed as bad debt has been made based on the decision taken by the Board of Directors that the CPC cannot hand over filling stations with unpaid debt, to foreign investors.

Meanwhile, it was reported that the majority of the Deputy General Managers of the Board of Directors have expressed their disapproval of this decision.

A senior officer of the CPC revealed that only the Chairman, Deputy General Manager (marketing) and Marketing Managers have agreed to this decision.

The senior official also said that the ministry secretary also objected to the decision when there was an audit inquiry and a court case ongoing with regard to writing off the debt.

It was reported that this is being done as a preliminary stage measure to write off the amount to be charged from the filling stations when handing them over to Sinopec in China.

Although the distributors received high profits during the oil price hikes, it has been proposed to write off this amount considering the losses they incurred when oil prices were reduced.

More profits for Sinopec filling station owners

Meanwhile, it was reported that the Sinopec is giving a profit of Rs.6 per liter of petrol to the filling station owners while issuing fuel to the consumers Rs.3 less than normal prices.

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Shooting incident in Akmeemana

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A shooting incident was reported early this morning (June 23) in Akmeemana, Galle.
Two persons on a motorcycle have opened fire at a residence on Dissanayake Mawatha in the Wewegodawatte area around 5.00am.

The shooting had been carried out using a 9mm pistol, and the suspects reportedly fled the scene afterward. 

According to reports, no injuries have been reported.

The owner of the house is employed as an executive at a factory in the Midigama area and was dismissed from his job a few days ago due to an issue with another employee. The police also stated that the employee in question had previously threatened him over the phone.

Accordingly, the police suspect that this individual may have carried out the shooting.

Further investigations are underway.

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New SLBFE rule for self-employed migrant workers

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The Sri Lanka Bureau of Foreign Employment (SLBFE) will introduce a new regulation from July 01, 2025, for Sri Lankans seeking overseas employment through self-directed means, SLBFE Chairman Kosala Wickramasinghe announced.

Under the new rule, those applying must have their foreign employment agreement certified by producing necessary documents to the Sri Lankan diplomatic mission in the respective country before registering with the SLBFE.

This process will involve a fee of USD 60.

According to the SLBFE Chairman, the rule will apply to only non-professional categories which are listed on the website of the bureau.

Under the first phase, it will apply to only 15 categories that are provided diplomatic services in 13 countries where labour units of the SLBFE are underway.

The SLBFE says that this move is aimed at safeguarding the rights of migrant workers by ensuring contract authenticity and transparency, prior to departure.

Exemptions will be granted to those who can present passports indicating their profession or relevant documentation proving their professional status abroad.

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Designated driver wasn’t at wheel during Dunhida bus crash

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Investigations into the tragic bus accident in the Dunhida area, along the Badulla–Mahiyanganaya main road, have revealed that the designated driver wasn’t at the wheel at the time of the crash.

According to the Police, the person at the wheel had initially volunteered to move the bus parked near the Muthiyangana Temple in the absence of the actual driver. 

When the official driver later arrived, he had allowed this individual to continue driving the bus.

Police also say that the individual at the wheel also possesses a valid driving license.

The accident, which occurred on June 21, had claimed the lives of 03 persons and injured 31 others.

The bus was reportedly transporting a group from Thambuttegama, Anuradhapura, on a pilgrimage to Kumbalwela.

(Pic : Accident1st)

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