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SPC incurs Rs.190 mn. loss due to defective medicines

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The State Pharmaceuticals Corporation (SPC) of Sri Lanka has suffered a loss of over Rs.190 million in 2020 and 2021 due to quality failure, expiration and damage of some of the medicinal drugs purchased, a report issued by the National Audit Office said.

According to the report, a stock of medicinal drugs worth more than Rs.210 million from the medicinal drugs purchased as of January 1, 2021 was either expired or damaged.

The Audit Office said that out of the medicinal drugs purchased by the SPC in 2021, a stock worth nearly Rs.130 million has been identified as defective, expired and damaged.

It said that more than Rs.20 million is yet to be collected from the suppliers for a stock of medicines worth over Rs.40 million which were identified as defective in 2020 and 2021.

In the meantime, the SPC had kept 28 containers related to 28 indents imported in 2021 and 2022 in a private warehouse for six months from August 20, 2021 to February 21, 2022. The SPC has paid more than Rs.48.2 million for the warehouse, but this additional cost incurred by the corporation had not been reimbursed from the Medical Supplies Division.

The audit report showed that the SPC had to store these stocks of medicines in a private warehouse due to the lack of storage facilities in the Medical Supplies Division’s warehouse complex.

This audit report was attached in the 2021 Annual Report of the SPC which was recently submitted to Parliament.

(Newsradio)

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List of professionals whose IRD registration is compulsory

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A gazette notice has been issued making it compulsory for those engaged in several fields such as medical, engineering, law, accounting and banking to register with the Inland Revenue Department (IRD) from today (01).

President Ranil Wickremesinghe has issued this gazette as the Minister of Finance, Economic Stabilization and National Policies.  

According to the relevant gazette, the people who are required to register with the IRD are listed below.

1. Practitioners registered with the Sri Lanka Medical Council (SLMC)

2. Members of the Institute of Chartered Accountants of Sri Lanka

3. Members of the Institute of Certified Management Accountants of Sri Lanka

4. Members of the Institution of Engineers Sri Lanka

5. Members of the Association of Professional Bankers

6. Members of the Sri Lanka Institute of Architects

7. Members of the Institute of Quantity Surveyors Sri Lanka

8. Attorneys-at-Law of the Supreme Court of Sri Lanka

9. Individuals who have registered their businesses in Divisional Secretariats

10. Individuals who are in possession of vehicles registered (other than three-wheelers, motorcycles and hand tractors) in Motor Traffic Department

11. Individuals who have purchased or acquired, by virtue of Deeds Transfer, of any immovable property in Sri Lanka

12. Employees whose monthly contribution from both employee and employer to any Provident Fund is more than Rs. 20,000

13. Any individual who obtains approval for a building plan from a Local Authority

14. Any other individual who receives payment of Rs. 100,000 per month or Rs. 1,200,000 for a 12-month period for providing any services in Sri Lanka

In addition, all persons who have completed the age of 18 on 31 December 2023, or who will turn 18 on or after 01 January 2024, will also be subject to this new provision.

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Upcountry train services disrupted

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Train services along the upcountry railway line were disrupted due to a rock slip on the railway line between Haliela and Uduwara Railway Stations this morning (01), the Railways Department said.

Passengers said that while the Udarata Menike train was travelling from Badulla to Colombo at 5.45 this morning, the driver saw the collapsed earth mound and immediately stopped the train preventing a major accident.

The Railways Department said that the restoration of the railway line is currently being done.

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Annamale complains to IGP against Kassapa Thera!

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Social activist Kandasamy Annamale Sujith Priyantha alias Sujith Annamale has lodged a complaint to the Inspector General of Police (IGP) yesterday (31) saying that he and his family members have received death threats due to a statement made by Balangoda Kassapa Thera.

The complaint made by Annamale said;

“In a press conference held today (31/05/2023), Balangoda Kassapa Thera said, “Who helped from within the Aragalaya? Sujith Annamale… Sujith Annamale is the one who helped. Therefore, the CID should arrest them as soon as possible and produce them in court. If not, all the Buddhist monks behind me will take it to the street. We will not allow the Buddhist culture of this country to be destroyed.”

Annamale said that due to this statement, the life and property of his family members could be at risk.

“Therefore, please look into it and conduct a proper investigation as soon as possible and ensure the safety of my life and my property,” he said.

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