25% of CTB profits going to waste, says Welgama

25% of CTB profits going to waste, says Welgama

December 5, 2010   05:57 pm

37 CTB busses belonging to the Tangalle depot have been modernized, refurbished and handed over to the Ceylon Transport Board for public transport. This was carried out under the program to refurbish 1000 busses to coincide with the inauguration of the President’s second term.


The function was held with the participation of Transport Minister Kumara Welgama. Speaking at the event the Minister stated that 25% of the profit gained by the Ceylon Transport Board is going to waste.


The reason for this is vehicle parts of CTB owned busses being sold as spare parts and bus conductors cheating money, Welgama pointed out.


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.

Most Viewed Video Stories

Cabinet grants approval to obtain US$ 100 million for tourism sector development programme (English)

Cabinet grants approval to obtain US$ 100 million for tourism sector development programme (English)

No wind power plants in Mannar without residents’ consent – President (English)

Sajith meets Indian FM Nirmala Sitharaman in Delhi (English)

Vatican reaffirms support for Sri Lanka’s efforts to strengthen ethnic and religious harmony (English)

MP Dilith Jayaweera advocates for programs to foster entrepreneurial mindset among youth (English)

Petitions filed by ex-Minister Keheliya's family members against assets freeze dismissed by SC (English)

Govt. will only take policy-based decisions; PM on education reforms (English)

Six arrested over seizure of 335kg of narcotics detained for questioning (English)