Colombo, November 6
A Sri Lankan commercial court here has extended the order to block a payment of USD 4.9 million to a China-based company over the shipment of organic fertiliser, which was found to be contaminated.
The extension of the enjoining order on Friday means that the local People’s Bank cannot make payment to the Chinese company until November 19.
Ceylon Fertiliser Company Limited had obtained the court order on October 22 to block payment to China-based Qingdao Seawin Biotech over shipment of organic fertiliser. Sri Lanka refused to accept the shipment after it was found to be contaminated. The Chinese embassy here protested the decision and said the Chinese seller requests both parties to entrust the Swiss SGS group to do resampling to test if the shipment had been contaminated. — PTI
(The article is generated from The Tribune via feeds, The Chenab Times staff didn’t wrote this news.)
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