PARLIAMENT

OF SRI LANKA

SinhalaSriLankaTamil-SriLanka

Question Asked By Hon. Buddhika Pathirana

1330/’16

Hon. Buddhika Pathirana,— To ask the Minister of Power and Renewable Energy,— 

(a) Will he inform this House—

(i) of the date on which LTL Projects Company was established as a subsidiary of Lanka Transformers Limited (LTL);

(ii) whether LTL possesses 100% of the ownership of LTL Projects Company;

(iii) of the names of the present owners of the LTL Projects Company;

(iv) whether LTL possesses shares of LTL Projects Company at present; and

(v) of the names of the persons who granted the right to alienate or transfer the number of shares of LTL Projects Company that belonged to LTL Company?

(b) Will he also inform this House—

(i) whether he is aware that LTL Projects (Pvt.) Ltd, the subsidiary of LTL Company, has not been included in the audit reports after 2006 due to which government has not received dividends from that company; and

(ii) whether an investigation will be carried out into this and whether action will be taken to recover from the aforesaid company the amount that government has lost since 2006 to date?

(c) If not, why?

 

: Power and Renewable Energy
: Hon. Buddhika Pathirana
: United National Party (UNP)
Requested for 1 weeks time on 2017-07-04
Requested for 2 weeks time on 2018-01-23

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