No insurance for 28 vehicles at President’s Office

September 20, 2023 at 4:24 PM

A recent audit report reveals that at least 28 vehicles attached to the President’s Office are uninsured, it was reported. 

According to Lankadeepa, the audit report states among the vehicles 13 are high security vehicles, with each estimated to cost between Rs. 250 to 350 million.

The audit report further states that a sum of Rs. 20 million is required as insurance payment per vehicle annually due to the high value of the security vehicles.

An officer of the Presidential Secretariat has informed the Auditor General that the vehicles had not been registered for insurance considering the high costs. 

Stating that if they do not act according to the existing laws of the country, alternative policy decisions should be introduced to meet those needs, the audit report points out that the Presidential Secretariat has failed to do so. (NewsWire)