$900,000 embezzled from the fertilizer importation scam - Account at the People’s Bank Suspended

$900,000 embezzled from the fertilizer importation scam - Account at the People’s Bank Suspended

22 October 2021 07:15 pm

We have previously revealed that a massive financial fraud has taken place through the importation of nano nitrogen liquid fertilizer from India and that the Secretary to the President has been directly involved in this.

Jathika Jana Balawega MP Vijitha Herath stated in Parliament today that out of the US $ 1.2 million allocated for the fertilizer, only US $ 800,000 has been given to the fertilizer company. However, according to the reports, the amount paid to the Indian company is $ 300,000.

At a time when the country is facing a massive economic crisis, ministers, politicians, government officials and crooked businessmen are coming together to embezzle public funds. While farmers are taking to the streets to demand fertilizer due to the lack of fertilizer, money is being embezzled from fertilizer imports as usual.

Meanwhile, it is reported that steps have been taken to suspend the account of the Town Hall branch of the People's Bank which is said to have credited the money related to the importation of these fertilizers.

Related News: Importation of nano nitrogen fertilizer is a scam: 1/3 of the money has been embezzled!