šŸ“ˆ Govt. Reopens Probe into Missing $ 17.79 Mn Legacy Overseas Payments

Source

The Government has reopened investigations into two historic overseas procurement transactions totaling $ 17.79 million, citing unfulfilled orders and previous failures to investigate. • Overall Key Figures: • Total Disputed Amount: US$ 17.79 Mn • Australian Milch Cows Procurement (2014/15): US$ 11.09 Mn for 20,000 cows (funds lost; zero cows received) • Chinese Fertiliser Procurement: US$ 6.7 Mn (funds paid; no fertiliser received) • Context & Scope: • Announced in Parliament by Public Security and Parliamentary Affairs Minister Ananda Wijepala during the debate on the CoPF report regarding Treasury cyber fraud. • Forms part of a broader financial accountability review examining historic overseas payments and financial anomalies across previous administrations to detect potential misuse of public funds.

Listen to this article

Duration: 1:01