Govt holds auction for luxury vehicles and spare parts to cut expenditure

Date:

March 01, Colombo (LNW): In an effort to reduce public spending and enhance financial transparency, an auction was held on Friday (28), for 14 luxury vehicles, six decommissioned vehicles, and various spare parts, a statement from the President’s Media Division (PMD) disclosed.

The decision to auction these assets is part of a broader initiative to optimise government resources and ensure more responsible financial management within state institutions.

A total of 15 vehicles were auctioned, including nine Defender Jeeps, a Volvo Jeep, a Chrysler, a Mahindra Bolero, a Rosa bus, a Land Rover Discovery, and a Toyota car.

The vehicles in question were not part of the Presidential Secretariat’s permanent fleet but were instead assigned to advisors and other personnel appointed by the former President under Article 41(1) of the Constitution during his time in office.

The PMD clarified that the vehicles were primarily used by temporary appointees to the President’s Office, not by permanent staff.

The auction drew considerable interest, with approximately 199 business representatives placing bids. Submissions for the auction closed at 12:00 p.m., and the bidding process continued until 8:00 p.m.

Due to the high demand for the vehicles, it is expected that the remaining vehicles will be auctioned in the near future, with further details to be announced shortly.

Share post:

spot_imgspot_img

Popular

More like this
Related

Government Dismisses Fears of Rice Shortage, Vows Action Against Market Manipulation

Government Dismisses Fears of Rice Shortage, Vows Action Against Market Manipulation

Sri Lanka Clinch Second Victory in Asia Cup with Confident Win Over Hong Kong

Sri Lanka Clinch Second Victory in Asia Cup with Confident Win Over Hong Kong

Customs Surpasses Revenue Targets with Record Collections

Customs Surpasses Revenue Targets with Record Collections

Islandwide Police Operations Lead to Arrest of 24 Wanted Suspects

Islandwide Police Operations Lead to Arrest of 24 Wanted Suspects