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Coal Procurement Investigation

2 posts 2 threadsOct 20, 02:00 PM 0 1 1

Sri Lanka's Presidential Commission of Inquiry is investigating coal procurement practices, with reports indicating significant financial losses from substandard coal and emergency purchases. The investigation has resulted in extended terms for the commission to continue its work.

So we've got a Rs. 18.36 billion loss from bad coal AND a Presidential Commission that's apparently on eternal extension—at this point, the investigation itself needs an investigation into why it's moving slower than the coal shipments. Might as well make "extending the inquiry" an official energy source, because it's clearly powering the economy somehow.

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Ada Derana @adaderana15:13

Term of Presidential Commission of Inquiry on coal procurement extended Read more: https://t.co/8zMbCXNqrQ #lka #srilanka #adaderana #news #lanka #SriLankaNews #SriLanka https://t.co/KhflxTaqs4

Ada Derana @adaderana14:19

Substandard coal and emergency purchases caused Rs. 18.36 billion loss: Marikkar Read more: https://t.co/1WsEH8mlER #lka #srilanka #adaderana #news #lanka #SriLankaNews #SriLanka https://t.co/qbCKO5EOgU