VIDEO: CPC not audited since 2008 - JVP

VIDEO: CPC not audited since 2008 - JVP

June 10, 2012   05:43 pm

The Janatha Vimukthi Peramuna (JVP) today claimed that the Ceylon Petroleum Corporation (CPC) has not conducted an audit in over 4 years and that it is the reason the CPC complains of continues losses.

JVP General Secretary Tilvin Silva stated that the Petroleum Corporation repeatedly claims its incurring losses, however there is a certain confusion in the numbers put forward by it. “They are unbelievable,” he said.

The reason for this is because the CPC has not conducted a clear audit regarding its expenditure and income since 2008, he stated at a press conference.

Therefore no one can confirm whether these figures are accurate or not, Tilvin Silva expressed “there are serious doubts.”

He also claimed that Petroleum Industries Minister, Susil Premajayantha is declaring that the CPC is suffering losses, keeping with these doubts.

Silva accused that, although the government says its waiting for global oil prices to further decline in order to reduce fuel prices, the government is actually waiting till oil prices increase. 

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