Auditor General Special Queries & NAO Reports
Authoritative findings from the National Audit Office (NAO) on public procurement violations, cost escalations, and unrecovered public funds.
Foregone Revenue of Rs. 16.76 Billion via Sugar SCL Reduction
Special Audit on the reduction of the Special Commodity Levy on sugar from Rs. 50/kg to 25 cents/kg in October 2020 revealed that the state forfeited Rs. 16,763 Million in import tax revenues within 4 months without the consumer receiving corresponding price reductions.
Enforce clawback mechanism on windfall profits of speculative importers and establish rigorous price surveillance prior to gazetting tax concessions.
VFS Global / IVS Outsourcing Service Fee Queries ($18.50 per visa)
Auditor General flagged outsourcing of online tourist visa processing to private foreign consortium VFS/GBS/IVS without competitive public tender, resulting in $18.50 convenience fees per traveler that could have accrued to the national treasury.
Immediate restoration of the state-owned ETA platform operated by Mobitel and Mobitel-SLT infrastructure.
Disbursement of $6.9 Million for Rejected Chinese Organic Fertilizer
Payment of $6.87 Million released under irrevocable Letter of Credit for 20,000 MT of organic fertilizer from Qingdao Seawin Biotech despite Sri Lanka National Plant Quarantine Service detecting harmful Erwinia bacterial pathogens in samples.
Legal recovery proceedings through maritime arbitration and accountability for authorizing officials.
US$ 115.7 Million Paid as Penalty for A350-900 Aircraft Lease Cancellations
SriLankan Airlines paid $115.7 Million in cancellation penalties to AerCap for terminating four A350-900 long-haul aircraft leases entered in 2013 without a viable business case for ultra-long routes.
Strengthen fleet acquisition corporate governance to prevent unhedged long-term liabilities without cabinet/parliamentary sanction.