INSUBCONTINENT EXCLUSIVE:
The special audit report by National Audit Office on the controversial procurement of 96,000 metric tons of organic fertilizer from a
Chinese supplier reveals that the Sri Lankan government has incurred a lost to the tune of Rs
1,382 million in the process.The report, issued in August 2022, also notes that all officials responsible for causing a loss to the
government by releasing the funds required for the procurement of the Chinese fertilizer shipment in question should be prosecuted.In 2021,
then-government granted approval to import organic fertilizer from Qingdao Seawin Biotech Group Co., Ltd
the fertilizer samples had not been sterilised.Against the backdrop of such report, the special technical evaluation committee appointed by
then-Secretary to the Ministry of Agriculture had given recommendations to import the relevant organic fertilizer shipment
Based on these recommendations, Ceylon Fertilizer Company and the Colombo Commercial Fertilizer Company Limited had opened Letters of Credit
(LOCs) to facilitate the importation of this fertilizer shipment, the report added.
This article first appeared/also appeared in https://adaderana.lk
