The Navy today said that it had a revenue of Rs. 220 million (USD 1.55 million) through operations of the controversial Avant Garde Maritime Services Ltd (AGMSL) from November 13 to December 13.

Issuing a statement to the media today, Navy Spokesperson, Captain Akram Alavi said the Navy had carried out 652 moves in Galle and Colombo harbors during the said period. “The revenue earned from these operations is directly deposited in the Consolidated Fund of the Government,” the statement said.

Operations of AGMSL was handed over to the Navy early last month. “Since November 13, 2015, the Navy bears the responsibilities of receiving, holding and issuing of weapons, ammunitions and equipment belonging to foreign and local On Board Security Teams (OBST) who operate for merchant shipping companies, which was exclusively handled by M/S Avant Garde Maritime Services Ltd (AGMSL) prior to that date,” the statement added.