How did the Sugar Scam take place? During the same period 67 companies imported sugar to Sri Lanka and Pyramid Wilmar Pvt Ltd had imported 40% of the total sugar imports to the country. Doesn’t this also relate to sensitive Insider Information being released to one particular party, as committed in the Bond Scam? In the Sugar Scam, Pyramid Wilmar Pvt Ltd sold more than 2000 MT of sugar imported under the Rs. Considering the fact that, Insider Information was used and public funds were made to lose, it is clear there are similarities between the Sugar Scam and the Bond Scam.

Source: The Nation March 15, 2021 14:03 UTC