Avarntgarde projects to be given to the Maldives

Dec 20, 2015

Reports reaching us confirm that a company owned by the Maldivian state is taking ownership of the floating armory business conducted by the Avarntgarde Martime Company.

Therefore a danger of losing 45 million US dollars is imminent to Sri Lanka for maintaining a floating armory and supplying Sea Marshall’s  

Reports reaching us confirm that many foreign companies which obtained maritime facilities are seeking their security for company based in Maldives for storing their arms and acquiring Sea Marshal’s.

 

Meantime Avarntgarde which acquired 725 business opportunities by maintaining a floating armory in Galle has been reduced to 625 following the taking over by the navy.

 

A problem reducing the price index

 

Meantime Avarntgarde which was charging USD 3500 per operation has been reduced to USD 2500 by the navy. From this reduction the country has incurred a monthly loss of USD 650,000 which has become a benefit to the foreign companies.

 

When relatively compared the operation which Avarntgarde did in last October due to the price reduction and for the decreased amount of operations the navy has incurred 1 million USD loss for the country.

Meantime the decision taken to reduce the price has also caused another problem.

 

Defaulting payment

 

Meantime reports reaching us confirm that foreign companies which took service from the navy has defaulted its payments and a new problem has erupted of how these payments are charged.

 

Following the ban of the two floating armories deployed by Avarntgarde an arms storage belong to the navy located at the Dakshina Navy Camp was given for renting weapons.

 

Following the completion of one month following the taking over by the navy last 13th the navy was able to earn only Rs. 220 million.

 

As shown by Avarntgarde for a 39 months period starting from 2009 to 2012 the navy has been able to earn Rs. 150 million where as following the taking over by the Avarntgarde it has able to acquire a foreign exchange of Rs. 3800 million only during the year 2014.

 

6754 people has lost jobs

 

Avarntgarde has shown currently 498 army soldiers who earned many laks as wages has lost their jobs. Apart this banning the business jointly done with the Rakna Lanka 6754 people has lost their jobs.

 

Meantime navy vice admiral Ravindra Wijegunarathna told the media discussions are on the way for handing over the navy weapons control to a company based in Singapore and Malaysia. By doing this the profit made would be pulled by foreign companies.

 

Defense secretary Karunasena Hettiarachchi during a discussion held with Sathhanda said this business operations was removed from Avarntgarde until this business is shared with other companies.