header logo
Vallibel FD
vallible LE
Latest
Finance Ministry rebuts reports on MR’s alleged instructions to Customs
Finance Ministry rebuts reports on MR’s alleged instructions to Customs
Mobitel inner 1278

The Ministry of Finance and Economic Affairs has issued a press release refuting the alleged illegal instruction given by the Finance Minister PM Mahinda Rajapaksa to the Sri Lanka Customs to release the foreign currency in US Dollars that had been apprehended while being smuggled out at the BIA.

 

The press release read that the Sri Lanka Customs officials sometime back had apprehended an outbound foreign national at the BIA while he was attempting to take out of the country, USD 53,455 in contravention of the Customs Ordinance.

 

It was reported that the foreign nationals who work at the Uma Oya project, which is funded by the Republic of Iran, had sent their monthly salaries through this person out of the country, according to the Finance Ministry.

 

The Ministry stated that the Iranian Ambassador in Colombo, on October 03, had made an appeal to the Finance Minister PM Rajapaksa to release this money on humanitarian grounds saying that this money belongs to the employees working at Uma Oya project.

 

“Accordingly, the Minister of Finance and Economic Affairs Mr Mahinda Rajapaksa, by virtue of the powers vested in him under section 164 of the S.L Customs Ordinance, directed the Director General of Sri Lanka Customs to release this money to its legitimate owner,” the press release further read.

 

Commenting further in this regard, the Finance Ministry stated, “this is not the first time that the foreign nationals who are working in the Uma Oya project taking their monthly salary out of the country.”

 

A foreign national was apprehended at a prior occasion while attempting to smuggle out foreign currency and on a similar appeal, the then Minister of Finance had directed the release of the money in June 2018 as well, according to the Ministry of Finance.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Heavy rains expected in Northern and Eastern areas  - Met Department warns

Heavy rains expected in Northern and Eastern areas - Met Department warns

Van driver arrested after collision with motorcycle  kills father and son in Chavakachcheri

Van driver arrested after collision with motorcycle kills father and son in Chavakachcheri

Laugfs Gas CEO apologises to consumers  over LP gas shortage, explains price hike

Laugfs Gas CEO apologises to consumers over LP gas shortage, explains price hike

Policy inconsistencies hinder investor confidence   - Tax specialist says at post-budget forum

Policy inconsistencies hinder investor confidence - Tax specialist says at post-budget forum

SEC backs key 2027 Budget proposals  to strengthen capital market

SEC backs key 2027 Budget proposals to strengthen capital market

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

JVP marks 37th November Heroes’ Day  under President’s patronage today

JVP marks 37th November Heroes’ Day under President’s patronage today

Debate on Second Reading of 2027 Budget  gets underway in Parliament

Debate on Second Reading of 2027 Budget gets underway in Parliament

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

 Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

 2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

President presents 2027 Budget in Parliament;Calls for national unity to build Sri Lanka’s future

President presents 2027 Budget in Parliament;Calls for national unity to build Sri Lanka’s future

Several areas including Colombo receive heavy rains | Rainfall likely to increase on Nov 14, 15 & 16

Several areas including Colombo receive heavy rains | Rainfall likely to increase on Nov 14, 15 & 16

 President to deliver 2027 Budget Speech tomorrow | Focus on macro picture of Budget – Dy Minister

President to deliver 2027 Budget Speech tomorrow | Focus on macro picture of Budget – Dy Minister

Pilotless passenger drone makes inaugural flight in Sri Lanka

Pilotless passenger drone makes inaugural flight in Sri Lanka

Lassana Flora