271 gemstones in Dept. of Geology remain unassessed since 1964
- 5opn1
- October 31, 2024
- Banking and Financial
- gemstones
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The Department’s Geology division is in possession of 271 gemstones which have been securely deposited at the Metropolitan Branch of the Bank of Ceylon since September 18, 1964, remains unassessed, the National Audit report in 2023 revealed.
After the physical inspection conducted in 1993, one of the gemstones was found to be an artificial stone, and it was deposited in the Geology division.
“The value of these remaining 271 gems had not been assessed with the help of a gemologist from the National Gems and Jewellery Authority.
Also, this matter was discussed in the departmental audit and management committee meeting where the Treasury representative stated that it is not appropriate to hand over these materials to an external agency for assessment.
