1330/’16
Hon. Buddhika Pathirana,— To ask the Minister of Power and Renewable Energy,—
(a) Will he inform this House—
(i) of the date on which LTL Projects Company was established as a subsidiary of Lanka Transformers Limited (LTL);
(ii) whether LTL possesses 100% of the ownership of LTL Projects Company;
(iii) of the names of the present owners of the LTL Projects Company;
(iv) whether LTL possesses shares of LTL Projects Company at present; and
(v) of the names of the persons who granted the right to alienate or transfer the number of shares of LTL Projects Company that belonged to LTL Company?
(b) Will he also inform this House—
(i) whether he is aware that LTL Projects (Pvt.) Ltd, the subsidiary of LTL Company, has not been included in the audit reports after 2006 due to which government has not received dividends from that company; and
(ii) whether an investigation will be carried out into this and whether action will be taken to recover from the aforesaid company the amount that government has lost since 2006 to date?
(c) If not, why?
Asked Date
2018-06-05
Asked by
Hon. Buddhika Pathirana, M.P.
Ministry
Power and Renewable Energy
Legislature
Eighth Parliament of the D.S.R. of Sri Lanka
Session
2
LTL Projects (Pvt) Ltd. and LTL company
Answered Date
0000-00-00
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