Navy earns Rs. 1,000 million | Daily News


Navy earns Rs. 1,000 million


The Navy said it had earned an income of Rs. 1,000 million since November 13, 2015 from operations, which were provided by the Avant Garde Maritime Services Ltd (AGMSL) earlier.

Issuing a statement to the media yesterday, Sri Lanka Navy Media Unit sources said the Navy had carried out 2,794 moves in Galle and Colombo harbours during the period from November 13, 2015 to April 6, 2016 and earned an income of over Rs. 1,000 million.

"The revenue earned from these operations is directly deposited in the Consolidated Fund of the Government," the statement said.

"Since November 13, 2015, the Navy bears the responsibilities of receiving, holding and issuing of weapons, ammunition and equipment belonging to foreign and local On Board Security Teams (OBST) who operate for merchant shipping companies, which was exclusively handled by M/S Avant Garde Maritime Services Ltd (AGMSL) prior to that date," Navy Media Unit said.

Following an order from the President Maithripala Sirisena, the operations of AGMSL was handed over to the Navy last October.

The private security firm's operations came under scrutiny when the container-carrying vessel "Mahanuwara" docked at the Galle Harbour with a haul of arms on January 18. Following the docking of a second floating armory, Avant Garde, carrying a haul of unauthorized weapons in Galle Harbor on October 5, investigations into the firm's activities intensified.

Avant-Garde Security Services which, according to the firm, provides security to ships against the Somali pirates. 

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