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v2025

Rs. 15.9 billion loss to state coffers due to the sugar fraud

The alleged sugar scam has resulted in the loss of Rs 15.9 billion in tax revenue, the Finance Ministry revealed.

In a report submitted to the Parliamentary Committee on Public Accounts (COPA) today (09), it was revealed that the Rs. 15.9 billion in its entirety or a portion of it had only benefited a small group of individuals who had imported sugar.

Head of the Parliamentary Committee on Public Finance Dr. Harsha de Silva made the following observations in Parliament today.

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