Sri Lanka’s Minister of Fisheries and Aquatic Resources Development Mahinda Amaraweera has ordered an investigation into the finding of a three-ton fish stock stored for eight years at the Ceylon Fisheries Corporation (CFC) facilities. Minister Amaraweera has ordered the acting Chairman of CFC, S. Balasubramaniyam to initiate an extensive investigation in no time regarding the decaying fish stock claimed to be 8 years old by now and found inside a cold room of CFC. CFC throughout the recent past has been encountering with serious financial crisis and it was depending on Treasury funds amounting to a total sum of Rs. 650 million which includes Rs. 210 million for salary payments of the staff and another Rs. 430 million for its loan settlements, the Ministry said. Deficiencies and inefficiency of the management in CFC have resulted in such a serious crisis and presently it has to maintain a number of 400 excessive employees. However under the current government program of revitalizing loss making corporations via the public- private partnership, measures have already been taken in revitalizing CFC conjointly with a Korean company. Minister Amaraweera also ordered to conduct investigations to find out the persons responsible for making such a huge financial loss to the corporation by keeping the fish stock undistributed which had been purchased from a foreign country. He also ordered the acting president of CFC to recover the loss incurred from the respective person or parties according to the findings of the investigation.
2000, 2016 by LankaPage.com (LLC)