ECONOMYNEXT – Sri Lanka’s President Maithripala Sirisena said a commission go inquire into alleged corruption a SriLankan Airlines and Mihin Lanka will be formally appointed and published in the government gazette Friday night.
President Sirisena told an election rally in Hettipola that people who engaged in large scale corruption can no longer escape, his office said in a statement.
Mihin Lanka, a budget airline named after ex-President Mahinda Rajapaksa made massive losses and left debts to the airport and petroleum utility, until it was taken over by SriLankan Airlines, which was also making losses.
Rajapakse also re-nationalised SriLankan Airlines ending a management contract with Emirates Airlines and appointed his brother-in-law Nishantha Wickremesinghe as chairman. The airline which was making profits under Emirates, has lost over a billion US dollars since then.
There have been allegations over a massive aircraft deal – a part of which has since been cancelled.
The board was replaced and new chief executive was appointed by the current administration. The new chief executive also made billions of rupees of losses. (Colombo/Feb02/2018)