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Home LOCAL

Unions reveal of conspiracy to increase diesel price

Unions claim certain factions are conspiring to increase diesel prices once again.

Oshadha Dammearachchi by Oshadha Dammearachchi
2 months ago
in LOCAL
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Ananda Palitha taken into CID custody to record statement
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Unions claim certain factions are conspiring to increase diesel prices once again.

Speaking to NewsRadio, trade union leader Ananda Palitha said authorities have failed to take any action when the Lanka Indian Oil Company has clearly violated its main license condition.

He said Lanka IOC only has a license to operate in the country and decision-making powers regarding fuel supply are with the subject Minister.

Ananda Palitha said the main condition of the operating license of the Lanka IOC is to ensure uninterrupted supply of good quality fuel at a reasonable rate.

He said the condition has been violated by LIOC but the officials, the Secretary to the Ministry and the subject Minister who are vested with powers to take action, have remained silent.

Palitha said since the Minister or authorities are not taking action, they believe that it is a conspiracy to increase prices at CPC filling stations as well.

He said by attributing the rupee’s depreciation, Lanka IOC has increased the price of a litre of petrol by Rs. 49 which will be followed by an increase in the price of diesel.

Oshadha Dammearachchi
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