header logo
Latest
VIDEO: Large-scale misappropriations in railroad projects - Dayasiri
Aug 03, 201101:37 PM
VIDEO: Large-scale misappropriations in railroad projects - Dayasiri

Instead of gaining the tag of ‘Wonder of Asia’, Sri Lanka is fast earning the right to be called the ‘Wonder of corruption’, the UNP stated.

 

Speaking at a press conference held today (August 3) in Colombo, UNP MP Dayasiri Jayasekera stated that there were clear signs of large scale misappropriations in the recent laying of railway lines.

 

He reminded the public that with the use of domestic engineers, domestic resources and local raw materials the laying of the railway lines in the South that were destroyed in the tsunami took 56 days while costing around Rs.60 million per kilometre.

 

He revealed that following the project, the estimated cost was as low as Rs.40 million per kilometre.

However, MP Jayasekera said that despite these obvious advantages, the government had contracted foreign companies to handle the laying of these railroads.

 

The MP further explained how the construction of the coastal railroad was handed over to India in 2005 while it took until March in 2011 for the project to be completed while the promise of 100km per hour travel speed only lasts for five minutes.

 

The Medawachchiya-Talaimannar railroad restoration was handed over to a Chinese company outside the usual tender process while the project cost around Rs.230 million per kilometre where as it would have cost around Rs.60 million if domestic resources were used, he said.

 

The MP went on to explain how several other railroad projects were handled likewise.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Colombo streets illuminated with lanterns and pandols  as Sri Lankans celebrated Vesak festival

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Lassana Flora