The Sunday Times reports that an analysis report reveals that the government has lost US$90 million in the last six months by importing the wrong type of crude oil at incorrect prices. The relevant analysis report has already been submitted to the government. The report also says that the country could have bought two refined oil ships with the 90 million dollars lost.
The analysis report suggests that a controversial company that is making unfair profits in the midst of the financial crisis the country is facing should definitely be blacklisted. It is also said that the unofficial representative of the company has been invited to participate in the confidential discussions of the Ceylon Petroleum Corporation.
No other provider has been granted such a privilege. It has also been alleged that the ships of the controversial company have entered the port by a short route while the ships of other suppliers were moored at sea. The controversial company is the only company allowed to import fuel called Jet A One. No other company is allowed to do so.
