Palm Oil & Fatty Acids 24 Containers Seized

Jul 4, 2016byFastnews

A leading palm oil importer has submitted falsified documents and imported 24-container loads of palm oil containing fatty acids, which has a fatty acid content of 23 per cent far above the level fit for human consumption. These 24 containers were seized by the Customs.

The unrefined palm oil imported to the country should contain a maximum of 5 pc of fatty acids, which should be brought down to 0.1 pc by refining for release in the local market.The Sri Lanka Standard Institution has not received samples of this palm oil consignment, as the customs had been told an acid was being imported.

The customs revenue thus lost is Rs. 755 million.The customs has made inquiries from the Malaysian Palm Oil Board, which has responded by saying they have been told that palm fatty acid for use in industries was being imported to Sri Lanka.