Sunday Observer
Seylan Merchant Bank
Sunday,13 November 2005  
The widest coverage in Sri Lanka.
  Sports
News

Business

Features

Editorial

Security

Politics

World

Letters

Sports

Obituaries

Oomph! - Sunday Observer Magazine

Junior Observer



Archives

Tsunami Focus Point - Tsunami information at One Point

Mihintalava - The Birthplace of Sri Lankan Buddhist Civilization

Silumina  on-line Edition

Government - Gazette

Daily News

Budusarana On-line Edition


Constitution flouted by NOC officials

by Lal Gunesekera

It looks as if the National Olympic Committee (NOC) of Sri Lanka has not confirmed the minutes of the annual reports for four years (2001, 2002, 2003 and 2004).

This is clearly stated in the notice sent to members on October 28 regarding the annual general meeting to be held tomorrow (Monday) at the Sugathadasa Sports Hotel at 5.30 p.m. The agenda also goes on to state that the audited statement of accounts for the same years (2001, 2002, 2003, and 2004) will be adopted at tomorrow's annual general meeting.

Why are they circulating only the annual report of 2004? What about the reports of 2001, 2002, and 2003?

These reports, according to the NOC constitution, should be reviewed and adopted.

Also, the NOC, has circulated a "draft balance sheet" for the year ending 2004. What does this mean? It means that the accounts of the NOC have not been audited, otherwise why is it a "draft"? Where in the world do you adopt "draft" reports?

The NOC constitution (14.5 (d) says that the Treasurer shall table a half yearly balance sheet and quarterly statement of income and expenditure.

Also among the long list of debtors included in this so-called "draft" report of the NOC balance sheet, includes a credit card deposit of Rs. 797,399.26 as well as Rs. 7,886.00 from the Secretary General's account!!

www.lankanewspapers.com

www.eagle.com.lk

www.ceylincoproperties.com

www.aitkenspencehotels.com

www.peaceinsrilanka.org

www.helpheroes.lk


| News | Business | Features | Editorial | Security |
| Politics | World | Letters | Sports | Obituaries | Junior Observer |


Produced by Lake House
Copyright 2001 The Associated Newspapers of Ceylon Ltd.
Comments and suggestions to :Web Manager


Hosted by Lanka Com Services