Fraud­u­lent ac­tiv­i­ties have ended in pe­tro­leum in­dus­try: Ar­juna

Daily Mirror (Sri Lanka) - - NEWS - BY SANDUN A JAYASEKERA

There was an In­quiry Unit func­tion­ing when I took over this min­istry which was the most cor­rupt among all sec­tions of the CEYPETCO

Pe­tro­leum Re­sources Devel­op­ment Min­is­ter Ar­juna Ranatunga said he has been able to put an end to fraud that took place in the pe­tro­leum in­dus­try and as a re­sult, scams such as mix­ing kerosene pur­chased at sub­si­dized prices with petrol has come to an end.

Pri­vate buses do not run on kerosene now as well, he added.

“There was an In­quiry Unit func­tion­ing when I took over this min­istry which was the most cor­rupt among all sec­tions of the CEYPETCO. When, a raid was to be carried out, the mes­sage is sent to the rel­e­vant fill­ing sta­tion. I took mea­sures to dis­solve this unit. Those who ben­e­fited from this unit are point­ing the fin­ger at us say­ing the CEYPETCO is cor­rupt,” Min­is­ter Ranatunga added.

Min­is­ter Ranatunga vowed that he would never ever give his con­sent to pri­va­tise CEYPETCO and added he was not ready to dance to any­one’s tune be­cause the CEYPETCO is a na­tional as­set.

Min­is­ter Ranatunga lamented that there was no room to de­velop 101 oil tanks in Trin­co­ma­lee that be­longed to the cor­po­ra­tion since they were leased out to the Lanka In­dian Oil Com­pany (LIOC) but the In­dian earns a big profit by us­ing them for stor­age.

‘I have ob­tained cabinet ap­proval to de­velop 69 oil tanks in Trin­co­ma­lee as a joint ven­ture with In­dia. An­other 16 tanks will be vested with CEYPETCO as well. Those who crit­i­cize the project must re­al­ize that it was not a sell-out but a joint ven­ture be­tween the two coun­tries to de­velop the 101 oil tanks that were not made use of for sev­eral decades,’ Min­is­ter Ranatunga em­pha­sised.

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