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COPE uncovers massive losses in BIA expansion
Daily FT
|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)
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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.
This story is from the April 11, 2025 edition of Daily FT.
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