Mithun Wijethunga รีทวีตแล้ว

The major findings of the forensic audit conducted by KPMG on the sales and distribution of petroleum products from Ceylon Petroleum Storage Terminals Ltd (CPSTL) was briefed to me this afternoon.
The forensic audit was initiated based on a complaint that I made to the CID in August 2022 on irregularities at CPC & CPSTL. CID after their initial investigations advised the Ministry to conduct a full forensic audit to further investigate.
KPMG & CPSTL audit investigation officials briefed me today that they have found that
1. More than 1.3 Million entries on SAP data has been changed or deleted since 2010 and most has occurred in 2022 during the height of the fuel crisis
2. After the complaint was lodged in August 2022 the number has significantly reduced in 2023
3. Massive losses has been recorded from stock holding in 2022 amounting to Rs 28 Billion & after the complaint was lodged it has come down to Rs 4 billion in 2023
4. Use of outdated circulars & procedures and no adequate data available or kept to determine certain irregularities
The full report will be handed over next week by KPMG and I will handover the complete report to the CID for further investigations & to take appropriate legal steps. It will also be shared with the Cabinet of Ministers, Parliament, Audited General and Attorney Generals Department to pursue the next steps.


English














