A private local liquor manufacturing company, W.M. Mendis & Co., owed the Finance Ministry a staggering Rs. 6 billion as excise duty.
The payments had accumulated over a period of time. Just weeks earlier, the Finance Ministry sent the company a final warning before cancelling its licence to operate.
Pronto, the Rs. 6 billion owed to the Treasury was settled.
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Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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