Rishard to appear before PRECIFAC | Daily News

Rishard to appear before PRECIFAC


Industry and Commerce Minister Rishard Bathuideen has been summoned to appear before the Presidential Commission Investigating Fraud and Corruption Abuse of Power State Resources and Priviledges (PRECIFAC) on August 29 to record a statement regarding an alleged fraud involving Rs 5 billion in the import of rice by the Sathosa during the previous regime. A statement from him has become necessary in this regarding as he is currently in-charge of the Sathosa in his capacity as Minister of Industry and Commerce. The rice had been imported during the previous regime notwithstanding the availability of a surplus stock of rice locally. 


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