12 institutions taken over by Finance Ministry

By: Isuru Parakrama

Colombo (LNW): 12 government-affiliated institutions including Sri Lanka Telecom PLC, its controlled companies and associated institutions, and the Colombo Lotus Tower Company which belongs the Lotus Tower have been taken over by the Ministry of Finance, Economic Stabilisation and National Policy.

The Presidential Secretariat has issued an extraordinary gazette in this regard.

Other institutions taken under the Finance Ministry include the Sri Lanka Triposha Company, the National Salt Company, the Sri Lanka Cement Corporation, the State Engineering Corporation, North Sea Limited, Galoya Plantation Pvt Ltd., Paranthan Chemicals Limited, ECC Company Limited, Mahinda Rajapaksa National Tele Cinema Park and Ceylon General Trading Company Limited.

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