The Hon. Wasantha Samarasinghe
Wasantha Samarasinghe said fraudulent practices in coconut oil imports, including companies closing and reopening under new names to avoid accountability, had been identified. He stated that the Ports Authority and Customs are taking measures to prevent such consignments entering the country and that amendments to the Consumer Affairs Authority Act are being prepared to strengthen legal action and impose tougher penalties.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Thank you. This is indeed one of the rackets in import trade. Both refined and unrefined coconut oil has been imported, enabling fraud. We have identified certain companies. Some importers operate for about 11–12 months, then close without finalizing accounts and reappear under new names. We must act legally, strengthening the CAA law.
¶ 02 The Sri Lanka Ports Authority and Customs have identified measures to prevent entry of such consignments; actions are underway. Where current laws are breached, we are preparing amendments to impose tougher penalties. We are moving to amend the Consumer Affairs Authority Act accordingly.
Provenance
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- Hansard, Wednesday, 5 March 2025 ·No. 1742473561091594 ·English daily/uncorrected Hansard
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Cite as: The Hon. Wasantha Samarasinghe. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 March 2025. No. 1742473561091594. Politick, https://staging.politick.io/lk/speeches/2255