• Milco is losing a lot of money due to corruption and fraud, and hence the company is in a state of constant loss

By Chaturanga Pradeep Samarawickrama  

Although many government institutions have been called before the COPE and COPA Committees, the state company Milco has not been audited so far.  The Minister held a discussion with all trade union representatives of Milco last Friday (15) and the representatives spoke about the weaknesses of the governing authority of Milco and exposed many corrupt activities.  They stated that Milco is not performing proper services that should be provided to the people, that the company is losing a lot of money due to corruption and fraud, and hence the company is in a state of constant loss.  

The Minister promised the trade union representatives that a full audit of Milco will be conducted as per their request and that the top management of the company will be immediately called before the COPE and COPA committees and questioned.