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COPE uncovers massive losses in BIA expansion

Daily FT

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April 11, 2025

Exposes misuse of billions in public funds due to poor planning and overpayments Conducts field investigation at BIA THE Committee on Public Enterprises (COPE), chaired by MP Dr. Nishantha Samaraweera, has unearthed significant financial mismanagement in the Bandaranaike International Airport (BIA)

COPE uncovers massive losses in BIA expansion

Development Project, revealing a misuse of billions in public funds and flawed execution of critical infrastructure developments.

Following a field investigation at BIA on Wednesday, prompted by its recent review earlier this month of the Auditor General's Reports for 2022 and 2023, COPE exposed a trail of costly errors and avoidable expenditures by the Airport and Aviation Services (Sri Lanka) Ltd. (AASL).

Members of Parliament M.K.M. Aslam, Samanmali Gunasinghe, Lt. Commander (Retd.) Prageeth Madhuranga, Ruwan Mapalagama, Sunil Rajapaksa, Thilina Samarakoon, and Chandima Hettiarachchi participated in the inspection visit, alongside Parliamentary and institutional officials.

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Dialog launches Sri Lanka's largest 5G network, connecting over 1.5 m subscribers

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Daily FT

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Namal's Krrish case fixed for Feb. over alleged Rs. 70 m misappropriation

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SSC certainly mean business

TIER B 3-DAY LEAGUE

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CSE ends in red on profit-taking, subdued activity

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Rajinikanth saga: From Bengaluru bus conductor to Tamil cinema superstar

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Darin clinches Gold at Sri Lanka Powerlifting Nationals with record-breaking performance

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time to read

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A fit-for-purpose Disaster Management Act

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time to read

6 mins

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