[1] Sathosa was incorporated as a state-owned enterprise under Companies Act no 7 of 2007 and it is regulated by the Ministry of Trade, Commerce & Food Security.
The main function of Lanka Sathosa Limited is to set prices of many essential items in the domestic retail market.
[3] Lanka Sathosa has also guaranteed to sell essential items at concessionary prices during tough times including the coronavirus pandemic in the country.
[4] Johnston Fernando was arrested on 5 May 2015 in relation to the non-payment for goods worth more than 5 million rupees but was released on bail amounting to Rs.
[5] On 5 June 2019, the All-Island Canteen Owners' Association Chairman (AICOA) complained that Rishad Bathiudeen abused the Consumer Affairs Authority (CAA) to mistreat Sinhalese businessmen and also distributed food commodities unfit for human consumption through Lanka Sathosa.