Thursday Dec 12, 2024
Thursday Dec 12, 2024
Thursday, 29 August 2019 01:35 - - {{hitsCtrl.values.hits}}
Cabinet yesterday approved a proposal presented by President Maithripala Sirisena to forward the report of the Presidential Commission appointed to investigate irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka to the Attorney General.
The Cabinet of Ministers approved the proposal presented by the President to present in Parliament the report of the Presidential Commission appointed to investigate alleged irregularities at SriLankan Airlines, SriLankan Catering, and Mihin Lanka from 1 January 2006 to 31 January 2018, and to refer the relevant report to the Attorney General for legal action to be taken, as per the recommendations therein, the Government Information Department said.
The Presidential Commission of Inquiry (PCoI), which investigated into SriLankan Airlines and Mihin Lanka operations from 2006 to 2018, is reported to have slammed politicians for interfering with the management of the two airlines, incompetent boards that flouted the companies’ law, and widespread corruption among a host of other issues in its report. The report was presented to President Sirisena in early July.
The report had called for the restructuring of the national carrier by floating it in the Stock Exchange, while concentrating as a regional airline.
The extensive 800-plus page report with annexures, has broken down its findings to Abuse of Power, Influence and Interference; the Duties and Liabilities of the Directors; the Business Plan of the Airline; Engineering; Termination of Agreements; Malpractices in Selection and Promotions; Human Resources Management; Purchase of Flight Simulators; Revenue; Government Intervention; Charter Flights; Open Sky Policy; GSAs; Baggage; Procurements; Mattala Airport; Contract Agreements; Delivery of Wines and Champagne; Annual Reports; Financial Reporting; Borrowings; Issuance of Treasury Bonds; Credit Card Transactions; and Capital Infusion. Approval also given to present report to Parliament
