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.
President Anura Kumara Dissanayake today warned that Ceylon Electricity Board Employees would have to make a choice in the next two months.
Read this week’s Sunday Times for your interesting articles
Leave Comments