The Hon. Major General (Rtd.) Aruna Jayasekera - Deputy Minister of Defence
The Deputy Minister of Defence stated that, after maritime security-related authority was reassigned to the Navy, operations have generated over USD 620,000 since November, all credited to the Consolidated Fund. He said 354 operations had been conducted at USD 1,750 each, contrasting the current arrangement with the previous system under which only a portion of revenue reached the Navy and Rakna Arakshaka. He noted that former joint venture entities had vacated Navy armories following government action but had filed a Supreme Court case, and said the matter was being handled through legal channels.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, since reassigning authority to the Navy, progress has been significant. There were prior contracts with companies; new companies have also contracted. Concurrently, the previous JV has vacated Navy armories pursuant to our actions; they have also filed a Supreme Court case. We are proceeding legally.
¶ 02 From last November to date, Navy earnings exceed USD 620,000, fully credited to the Consolidated Fund. A media briefing by the Navy’s Director General Operations recently elaborated this. There have been 354 operations, each charged at USD 1,750. Previously, only 15% of revenue reached the Navy (with 4.25% to Rakna Arakshaka), but now 100% goes to the Consolidated Fund. This reflects transparency and proper management of public assets, and we expect even greater progress this year.
Provenance
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- Hansard, Tuesday, 17 February 2026 ·No. 23279 ·English daily/uncorrected Hansard
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Cite as: The Hon. Major General (Rtd.) Aruna Jayasekera - Deputy Minister of Defence. 10th Parliament, Parliament of Sri Lanka. Hansard, 17 February 2026. No. 23279. Politick, https://staging.politick.io/lk/speeches/5825