![]() ![]() Therefore, the COPE chair recommended that the board vacancies be filled with immediate effect to ensure stability and proper institutional mechanism. While strongly condemning the actions of the General Manager in steering the institution, COPE emphasized that the neglect and inaction of respective officials have resulted in the failure of reaching the set objectives of the institution as per the Act. Moreover, COPE also inquired as to why 05 main positions of the director board including finance remain vacant. Accordingly, the Committee instructed the officials present to take immediate measures to present a corporate plan as soon as possible. The Committee questioned the General Manager of the institution as to why a corporate plan was not prepared for over a time period of 10 years and on what basis the administration process of this institution has been carried out in the absence of a corporate plan. The Committee on Public Enterprises highlighted the failure of the Sri Lanka Export Credit Insurance Corporation to table Annual Reports and expressed displeasure over the lack of assistance provided to the Auditor General as a responsible government institution. The Committee Chair highlighted that this was the first time in a decade that the Sri Lanka Export Credit Insurance Corporation which is established to promote and develop international trade and to support and protect exporters, banks, importers and other financial institutions, made an appearance before COPE. Ranjith Bandara to examine the Auditor General’s Reports of the years 20 and the current performance of the Sri Lanka Export Credit Insurance Corporation, expressed its absolute displeasure over management and structural irregularities of the institution. ![]() Mar 10, Colombo: The Committee on Public Enterprises (COPE) which met recently (Mar. ![]() COPE calls for an immediate probe on irregularities at Sri Lanka Export Credit Insurance Corporationįri, Mar 10, 2023, 12:24 pm SL Time, ColomboPage News Desk, Sri Lanka. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |