Friday, January 27, 2017

Premajayantha’s fury at FCID linked to Rs.10370 million

Nominations were challenging affair this time: UPFA’s Susil Premajayantha

January 27, 2017

Minister Susil Premajayantha has stated that FCID is illegal and a reliable source states he has made this statement as the FCID has commenced an investigation into a serious financial fraud said to have committed by him.

The investigation is being carried out on a fraud of Rs. 1,037,800,000 when importing 8 ships of fuel when Mr. Premajayantha was the Minister of Petroleum Resources Development.

Normally, when buying fuel the process followed is to order for the average price in the market. However, Ceylon Petroleum Corporation had ordered this stock of fuel at the highest price in the market due to pressure from Minister Premajayantha. As a result Petroleum Corporation had to incur a massive loss but Minister Premajayantha has received a massive illegal profit states the complaint.

The investigations on the complaint have been hindered due to the pressure from stalwarts of the government and it is said that the reason for Mr. Premajayantha to join the ‘joint’ government is the complaint regarding this fraud.

The sudden attack on the FCID could be the fear that the complaint would be investigated.

This reveals that Mr. Maithripala Sirisena too, following in the footsteps of Mahinda Rajapaksa, is using complaints of frauds and corruption to manipulate ministers and MPs.