SUBSCRIBERS
Sri Lanka plans criminal probe into Airbus deal
Inquiry finds corruption in Sri Lankan Airlines' US$2.3b purchase under previous govt
Add BT as a preferred sourcePublished Sun, Apr 5, 2015 · 09:50 PM
Colombo
SRI LANKA'S new government has announced a criminal investigation into the US$2.3 billion purchase of 10 Airbus aircraft for the island's loss-making national carrier under the former government.
Prime Minister Ranil Wickreme-singhe's office said an independent board of inquiry found gross violations of financial regulations and procurement procedures in state-owned Sri Lankan Airlines's deal, and said they warranted criminal prosecutions against former executives.
Share with us your feedback on BT's products and services
