कोशिश गोल्ड - मुक्त
How bacteria exposed a scandal
Daily FT
|August 01, 2025
WE'RE all familiar with the Sinhalese phrase 'nangi pen-nala akka dunna wage'. Which is a story of deception in which a prospective bachelor is promised the pretty younger sister but ends up being married off to the unattractive older sister. But who would have thought to do such a thing in pharmaceutical procurement?
As the investigation went on, more and more findings were brought to light. But fortunately, or unfortunately, the answers we received have left us with more questions than when we startedsimilar to how the medicine that the patients were given left them worse off than they were before receiving treatment. Let us look at some of the pertinent questions coming out of the newest revelation in this maniacal medical mishap.
Where did oversight fail and who approved this purchase?
This wasn't your regular procurement. The Health Minister at the time allegedly pushed this procurement through using a 'waiver of registration', which is a fast-track process that skips the usual regulatory checks. Worse, the consignment was bizarrely classified as birth control substances to slip through Customs. The National Medicines Regulatory Authority ('NMRA') is responsible for regulating medicine and medical equipment. All power vests with this singular authority; but when asked about the matter, the NMRA said that it had neither issued a certificate nor a waiver of registration.
Two doors were left wide open. The first is a result of the regulatory failure. The NMRA's waiver process was applied without verifying supplier credentials or product origins, and it was reported that forged documents were accepted at face value. The second is the procurement shortcut. Emergency procurement was used to sidestep competitive bidding, allowing cronies to bring in substandard products at inflated prices.
यह कहानी Daily FT के August 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Daily FT से और कहानियाँ
Daily FT
US Fed delivers third rate cut of the year
THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.
1 min
December 12, 2025
Daily FT
ADB grants $ 200 m loan for water, food security in North Central Province
THE Asian Development Bank (ADB) yesterday said it has approved a $ 200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multi-use water resources development initiative.
2 mins
December 12, 2025
Daily FT
Banking assets up 16% YoY to Rs. 24.5 t in 9M
THE banking industry expanded its balance sheet in the nine months to end-September 2025, with total assets increasing to Rs. 24.5 trillion and Profit After Tax (PAT) rising to Rs. 279 billion, according to Central Bank data.
1 min
December 12, 2025
Daily FT
Cabinet green lights procuring range of vehicles and equipment to boost primary health care system
THE Cabinet of Ministers on Wednesday approved the procurement of a wide range of vehicles and equipment to improve the country's primary health care system.
1 mins
December 12, 2025
Daily FT
Cabraal discharged on condition he compensates Central Bank in three months
Lawyer argues his client had no intention of causing financial loss to GoSL
2 mins
December 12, 2025
Daily FT
Softlogic Finance to reduce stated capital and write off Rs. 7.6 b retained loss
Finance PLC yesterday announced that its Board of Directors has resolved to reduce the company's stated capital to write off accumulated losses of over Rs. 7.6 billion, which have constrained its ability to pay dividends.The retained loss figure is as at 31 July 2025.
1 min
December 12, 2025
Daily FT
UN appeals for $ 35.3 m to aid Ditwah-hit Sri Lanka
THE United Nations and humanitarian partners yesterday launched a Humanitarian Priorities Plan (HPP) seeking $ 35.3 million (around Rs. 10.9 billion) to scale-up lifesaving assistance for communities devastated by Cyclone Ditwah.
3 mins
December 12, 2025
Daily FT
Manchester City defeat Real Madrid to pile pressure on Xabi Alonso
ERLING Haaland scored his 34th goal for club and country this season to give Manchester City a 2-1 win at Real Madrid and leave Xabi Alonso’s position as coach of the Spanish giants in grave danger.
1 min
December 12, 2025
Daily FT
A call to protect Sri Lanka’s tourism investors
SRI Lanka’s tourism sector which is often hailed as the lifeline of rural economies has once again been struck by severe weatherrelated devastation.
4 mins
December 12, 2025
Daily FT
UN warns...
“IT would say that the world is not very well prepared for this.
1 mins
December 12, 2025
Listen
Translate
Change font size
