Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Sri Lanka Equity Analytic
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» ALHP WILL MOVE UP SOON
by The Hunter Today at 8:10 am

» VONE , is it time to sell or holds
by sameboy Yesterday at 11:42 pm

» Tips For Avoiding Excessive Trading ;)
by CubedSol Yesterday at 2:15 am

» IMPACT OF ELECTION RESULTS - one more hour to analyse
by soileconomy Fri Feb 16, 2018 9:22 pm

» Keep Eye on RIL
by Ran49 Fri Feb 16, 2018 5:52 pm

» Risk Management !!!!!!!!!!!!!!!!!!!>>>>>>>>>>>>>>>
by wiser Fri Feb 16, 2018 3:53 pm

» Wiser's TA Chart Room
by wiser Fri Feb 16, 2018 3:01 pm

» GREG & TAP DISCLOSE
by wiser Fri Feb 16, 2018 2:03 pm

» SCAP - SOFT LOGIC CAPITAL
by Ran49 Fri Feb 16, 2018 7:08 am

» Thx for all...
by Uaecoindubai Thu Feb 15, 2018 7:07 pm

» Implication to CSE if UNP form a government its own??
by samaritan Thu Feb 15, 2018 4:51 pm

» A free mastercard and free 10 coins...hurry up
by Uaecoindubai Thu Feb 15, 2018 3:08 pm

» New ICO..earn 400 USD free
by Uaecoindubai Thu Feb 15, 2018 1:07 pm

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Thu Feb 15, 2018 8:37 am

» Does anyone know the website to get the stock forecast, finance and other details
by noels Wed Feb 14, 2018 8:13 pm

» Ainv and building collapse
by TuTanKaman Wed Feb 14, 2018 7:17 pm

» LIOC share future
by TuTanKaman Wed Feb 14, 2018 6:40 am

» srilankan politics
by sureshot Tue Feb 13, 2018 9:48 pm

» What happened to Janashakhi.... I sold 2 weeks ago. Total gain i lost over 150000
by Harry82 Tue Feb 13, 2018 9:44 pm

» Why locals still hesitate to buy?
by mark Tue Feb 13, 2018 9:26 am

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Minister Kabir Hashim

Minister Kabir Hashim

Go down  Message [Page 1 of 1]

1 Minister Kabir Hashim on Thu Jan 19, 2017 8:20 am

PrasannaMani

avatar
Manager - Equity Analytics
Manager - Equity Analytics
JO lodges complaints with BC and CID
2017-01-19 02:06:58 3 1128


The Joint Opposition yesterday lodged a complaint with the Bribery Commission and the CID against Public Enterprise Development Minister Kabir Hashim, management of the SriLankan Airline and Prime Minister's Advisor Charitha Ratwatte.

In its complaint, the JO alleged that the government had incurred a loss of Rs. 150 billion when cancelling an order to purchase three Airbuses for SriLankan Airlines from the AerCap Company.

“Minister Hashim, SriLankan Airline Chairman, its CEO and members of the Director Board are responsible for this colossal loss. Prime Minister's Advisor Charitha Ratwatte is responsible for aiding and abetting in this fraud. It was reported that a government bigwig had obtained a commission of US$ 10 million by cancelling the Airbus deal,” MP Kanaka Herath, who lodged the complaint, said.

He said the new government cancelled the order made by the previous government to purchase three Airbuses in an attempt to restructure the national carrier. The cancellation had resulted in the AerCap asking for a compensation of US$104 million from Sri Lanka since the aircraft had already been made.

“The subject ministry was in discussions with the said company to sell the ordered aircraft to another airline service so that we don’t have to pay any compensation. Despite these attempts, the SriLankan management had entered into an agreement with the company to pay Rs. 150 billion as compensation based on an email by Charitha Ratwatte. This agreement had been signed without any approval from the ministry, Cabinet or the Attorney General,” MP Herath said.

He said President Maithripala Sirisena had issued an order saying any decision on paying compensation to the AerCap should be taken by the subject ministry. “SriLankan has disregarded President’s orders,” he said.

The MPs of the JO requested the Bribery Commission and the CID to take action against those who are responsible for the grave loss. (Lahiru Pothmulla)

- See more at: http://www.dailymirror.lk/article/JO-lodges-complaints-with-BC-and-CID-122383.html#sthash.Nse8KI6b.dpuf
2017-01-19 02:06:58 3 1128


The Joint Opposition yesterday lodged a complaint with the Bribery Commission and the CID against Public Enterprise Development Minister Kabir Hashim, management of the SriLankan Airline and Prime Minister's Advisor Charitha Ratwatte.

In its complaint, the JO alleged that the government had incurred a loss of Rs. 150 billion when cancelling an order to purchase three Airbuses for SriLankan Airlines from the AerCap Company.

“Minister Hashim, SriLankan Airline Chairman, its CEO and members of the Director Board are responsible for this colossal loss. Prime Minister's Advisor Charitha Ratwatte is responsible for aiding and abetting in this fraud. It was reported that a government bigwig had obtained a commission of US$ 10 million by cancelling the Airbus deal,” MP Kanaka Herath, who lodged the complaint, said.

He said the new government cancelled the order made by the previous government to purchase three Airbuses in an attempt to restructure the national carrier. The cancellation had resulted in the AerCap asking for a compensation of US$104 million from Sri Lanka since the aircraft had already been made.

“The subject ministry was in discussions with the said company to sell the ordered aircraft to another airline service so that we don’t have to pay any compensation. Despite these attempts, the SriLankan management had entered into an agreement with the company to pay Rs. 150 billion as compensation based on an email by Charitha Ratwatte. This agreement had been signed without any approval from the ministry, Cabinet or the Attorney General,” MP Herath said.

He said President Maithripala Sirisena had issued an order saying any decision on paying compensation to the AerCap should be taken by the subject ministry. “SriLankan has disregarded President’s orders,” he said.

The MPs of the JO requested the Bribery Commission and the CID to take action against those who are responsible for the grave loss. (Lahiru Pothmulla)

- See more at: http://www.dailymirror.lk/article/JO-lodges-complaints-with-BC-and-CID-122383.html#sthash.Nse8KI6b.dpuf

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum