The Hon. Chathuranga Abeysinghe
Hon. Chathuranga Abeysinghe stated that Lanka Phosphate Limited’s former Chairman and Board had allocated phosphate exports to three companies outside the procurement process, with 29,000 metric tons allocated out of a planned 30,000 metric tons. He said D.M. Traders exceeded its 10,000 metric ton quota by obtaining 24,357 metric tons, while exports also exceeded the stipulated 28% P2O5 grade limit. He informed Parliament that the Ministry of Industry is conducting a special audit and inquiry, and that the financial loss has not yet been calculated.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 (iv) At the 340th meeting of the Board of Directors of Lanka Phosphate Limited, the then Chairman and Board instructed that this be given outside the procurement process.
¶ 02 That is why they are shouting now—because these frauds are being read out.
¶ 03 (v) These were given to three companies: D.M. Traders; Disaru International Engineering Company (Pvt) Limited; and Ichiban (Pvt) Limited.
¶ 04 (vi) The then Board decided to sell 30,000 metric tons for export. Of that, 29,000 metric tons have been allocated.
¶ 05 (vii) One company exceeded its quota. Specifically, D.M. Traders was to be given 10,000 metric tons, but they obtained 24,357 metric tons. The other two companies, though allocated quotas of 10,000 each, obtained lesser amounts.
¶ 06 (viii) We are aware that exports have exceeded limits in grade: exports were done with 38%, 33% and 30% P2O5 content, surpassing the stipulated 28% limit. A special audit is being conducted by the Ministry of Industry regarding this.
¶ 07 (ix) The loss has not yet been calculated. However, the inquiry and audit processes are ongoing.
¶ 08 (b) Not applicable.
Provenance
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- Hansard, Wednesday, 23 July 2025 ·No. 1754386160089643 ·English daily/uncorrected Hansard
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Cite as: The Hon. Chathuranga Abeysinghe. 10th Parliament, Parliament of Sri Lanka. Hansard, 23 July 2025. No. 1754386160089643. Politick, https://staging.politick.io/lk/speeches/4091