A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
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Thiranjala Weerasinghe sj.- One Island Two Nations
?????????????????????????????????????????????????Sunday, July 30, 2017
Asiri Hospital Wants New BOI Board To Help Facilitate Tax Evasion Whilst Continuing To Deny Free Services To The Poor
Asiri Surgical Hospital PLC has not maintained even one ward with a
minimum of ten beds nor an OPD for poor people for the past 17 years,
Colombo Telegraph reveals today.
Asiri Surgical Hospital PLC (formerly known as Asiri Medical Services
Ltd), entered into an Agreement with the Board of Investment (BOI) on
the 29th of March 2000 to set up and conduct a business for the
construction and operation of a Two-Tier Hospital at Kirimandala
Mawatha, Colombo 5.
The agreement states “….payment and recovery of income tax shall not
apply for a period of ten years in respect of the profits and income of a
new enterprise which is engaged in the construction of a hospital on a
two-tire basis i.e. one tier dedicated to free health care service for
the poor with indoor and outdoor facilities and the other as a fee-based
emergency health care service…”
The BOI has allocated 0.942 hectares of land for this project on a 99 year lease, commencing from June 2000.
In an interview with Business Management Digest, business tycoon Ashok Patdirage said: Success doesn’t happen overnight”
Former BOI Chairman Upul Jayasuriya had
decided to suspend the tax exemption granted to Asiri Surgical Hospital
PLC due to non-fulfilment of terms and conditions of the agreement
entered into with the BOI.
As
the first step Jayasuriya informed Department of Inland Revenue that
the Asiri Surgical Hospital PLC was not entitled for tax exemption. He
said that Asiri Surgical Hospital PLC had not maintained at least
one ward with a minimum of ten beds nor an OPD for poor people
according to the agreement. This was after an investigation carried out
by the BOI’s Project Monitoring Unit.
After Jayasuriya and the entire board of the BOI resigned,
the owner of Asiri Surgical Hospital PLC, business tycoon Ashok
Pathirage, who is also the Chairman and Managing Director of Softlogic
Holdings, is trying to renegotiate the deal with the newly appointed
board, an informed source within Softlogic told Colombo Telegraph.