• About us
  • Contact us
Thursday, June 4, 2026
No 1 epaper in Sri Lanka
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
No Result
View All Result
Home News

Petroleum Puzzle: 1.7 Crore Worth of Oil Vanishes en Route to Milco! Unraveling the Mystery! Audit report I Sri Lanka Latest News

November 29, 2023
in News
Reading Time: 8 mins read
A A
Petroleum Puzzle: 1.7 Crore Worth of Oil Vanishes en Route to Milco! Unraveling the Mystery!  Audit report I Sri Lanka Latest News
Share on FacebookShare on Twitter

According to the audit general’s report, the Diesel stock of litres 165,300 worth Rs 17,209,467 released to Milco Abewela factory by the Petrolium corporation during 2015 to 2022 August 31st has not reached the factory storage tanks. Sri Lanka Latest News

Also, in the last six years (from the year 2017 to 31 August 2022), 14 Bowser trucks carrying 92400 liters of diesel worth Rs. 9,364,835 had not arrived at the factory but payment done for that fuel.

It is also mentioned in the audit report that the signatures shown on the invoices do not match the signatures of the security department officials regarding some stocks.

This information has been revealed in the document inspection of the security department of the receipt of fuel stocks.

Also, it has been revealed in the audit that 58703 liters of diesel have been misplaced in the diesel from the tanks for the power generator of the Ambewala dairy factory.

According to the audit report, it is observed that the internal control of Mangowala Dairy Factory is at a very weak level because of the frauds that have occurred in the purchase and issuance of fuel.

The audit recommended disciplinary action against parties involved in fuel irregularities.

In this regard, the management of Milko Company has mentioned to the audit that a full audit was conducted by the internal audit department regarding the diesel stock irregularities.

According to the facts revealed by the report, the officials responsible for this have been suspended and further disciplinary investigations are being conducted.

In this regard, the management of the company has informed the audit that investigations are being carried out by the Criminal Investigation Department.

Share52Tweet32Send
Previous Post

Sri Lanka’s Economic Resurgence: President Wickremesinghe Calls for Radical Restructuring at 2023 Economic Summit I Sri Lanka Latest News

Next Post

Ranil flew to Dubai for the COP 28 summit! 3 ministers and 2 MPs! A delegation of 15! Another team from the private sector! 3 proposals from the president to the summit! I Sri Lanka Latest News

MORE NEWS

Anura Kumara Overtakes Maithripala in Comparative Analysis of Performance.
News

Anura Kumara Overtakes Maithripala in Comparative Analysis of Performance.

June 4, 2026
CID Reveals Details on US$2.5 Million Transfer to Hacker Account
News

CID Reveals Details on US$2.5 Million Transfer to Hacker Account

June 4, 2026
People Queued Up and Donated Billions of Rupees to the ‘Rebuilding Sri Lanka’ Fund, But Not Even 5 Cents Have Yet Been Paid to Anyone Affected by Cyclone Ditwah! There Isn’t Even a Fund Called ‘Rebuilding Sri Lanka’! Shocking Revelation from the Auditor General’s Department at the Finance Committee!
News

People Queued Up and Donated Billions of Rupees to the ‘Rebuilding Sri Lanka’ Fund, But Not Even 5 Cents Have Yet Been Paid to Anyone Affected by Cyclone Ditwah! There Isn’t Even a Fund Called ‘Rebuilding Sri Lanka’! Shocking Revelation from the Auditor General’s Department at the Finance Committee!

June 4, 2026
Germany Warns Sri Lanka: End Corruption and Policy Instability to Attract European Investment
News

Germany Warns Sri Lanka: End Corruption and Policy Instability to Attract European Investment

June 3, 2026
Children Who Don’t Even Know Their Father Is a Powerful Minister..! This Is the Kind of Politics the Country Needs! VIDEO | Sri Lanka Latest News
News

Children Who Don’t Even Know Their Father Is a Powerful Minister..! This Is the Kind of Politics the Country Needs! VIDEO | Sri Lanka Latest News

June 3, 2026
Concerns Raised Over Proposed Changes to the Retirement Age of Superior Court Judges
News

Concerns Raised Over Proposed Changes to the Retirement Age of Superior Court Judges

June 3, 2026
Load More

One of the best Sri Lanka Latest News Website and Sinhala language newspaper with Sunday editions, published by Free Media Independent Networks Pvt Ltd.

  • About us
  • Contact us

Copyright © 2019–2025 Free Media Independent Networks Pvt Ltd. All Rights Reserved. Developed by Turn Global.

No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPER
  • සිංහල

Copyright © 2019–2025 Free Media Independent Networks Pvt Ltd. All Rights Reserved. Developed by Turn Global.