Fag money up in smoke: Bandula

4 October 2016 09:42 pm Views - {{hitsCtrl.values.hits}} 6 Bookmark

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A major cigarette manufacturing company had sold over 200 million cigarettes prior to the price hike, Joint Opposition MP Bandula Gunawardane revealed in Parliament today.

Mr. Guawardane said these had been sold to the whole sale traders on September 29 and on the 30th.

"The Government is slated to lose Rs 1.3 billion as a result of this sale," he added.

Minister of Finance Ravi Karunanayake, who responded, said it was the whole sale traders who had wanted to purchase these cigarettes. (Yohan Perera)

Comments - 6

vasaliya Tuesday, 04 October 2016 10:45 PM

Bandula, what is 1.3 billion compared to the trillions your cronies stole from us?????

2 20

jinadasa Tuesday, 04 October 2016 11:02 PM

Can a country be run by the cigarette taxes that keep on increasing, common, let people enjoy a cigarette

2 16

Mevan Wednesday, 05 October 2016 02:26 AM

Before this sale explain the losses of Sri Lankan and Mihin Air, Petroleum Hedging deal, breakdown of Norrochchole brand new coal fired power plant etc etc. during MR regime.

2 19

Leo Wednesday, 05 October 2016 05:58 AM

This is nothing new. When a price hike is on the horizon cigarettes are stacked up so that the vendor gains by selling at the higher price. This is a usual practice not surprising that the champion economist did not know this before. via DM Android App

0 19

rajasinghe Wednesday, 05 October 2016 06:00 AM

So What??

1 15

Piyal Wednesday, 05 October 2016 04:07 PM

Everybody in SL can understand that. We don't need a former ECON master to teach us!

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