Colombo Telegraph

An Institution Under Gota Has Not Submitted Rs 489 Million Fixed Asset Register

An institution under the Secretary of the Ministry of Defence, Gotabaya Rajapaksa had not prepared the Fixed Asses Register amounted 489 million a parliamentary committee found.

The Committee on Public Enterprises noted in its latest report to the Parliament that the Fixed Asset Register of the Defence Service Command and Staff College had not been prepared although the value of fixed assets amounted nearly to Rs.489,179,923 /-.

The Committee also noted;  “around 40 vehicles received from Sri Lanka Army, SL. Navy, SL Air Force and the Ministry of Defence had not been legally transferred to the Institution. The annual reports of the College for years 2010 and 2011 had not been presented in Parliament. The College had not maintained the ratio of 2:1, which should exist between the Current Assets and the Current Liabilities. “

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