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Sri Lanka state Porsche, SUVs auctioned above valuation raising Rs200mn: statement

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka has auctioned a range of state-owned vehicles including a Porsche sports car, at prices above those set by the government valuer, a statement from the President’s office said. The Porsche Cayenne S was sold at 13.61 million rupees, above the 13.5 million valuation. It is not clear why the car was bought by the Presidential Secretariat, but the vehicle appeared to have been made in 2013 based on the KW serial number. A Lan…
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EconomyNext broke the news in on Sunday, May 18, 2025.
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