Jun 25, 2017

Govt. gives edge to Aloysius’ distillery Featured

JVP leader Anura Kumara Dissanayake says he has justifiable doubts that the Hingurana Sugar company is not yet being given a license to produce ethanol in an attempt to give an edge to Arjun Aloysius’ distillery in Ampara.

He charges that minister Ravi Karunanayake is preventing Higurana Sugar from getting the license even eight months after it started operations.

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Rs. 10 m loss a day without the license

According to him, Galoya Plantation Company that manages the factory incurs a daily loss of Rs. 10 million as a result.

He alleges a behind-the-scene move to supply ethanol at a low price to the Ampara distillery owned by Aloysius, son-in-law of former Central Bank governor Arjun Mahendran.

Auditor general’s notification disregarded

The delay is despite a notification by the Auditor General’s Department to the company to obtain the license and start producing ethanol to reverse its losses.

That comes after the AG’s Department audited the 2016 performance of the company.