30 November, 2020

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Rajapaksa Bigwig Misappropriated US $400,000 Annually From SriLankan Aircraft Lease Deal

A bigwig is alleged to be involved in a massive financial fraud during the term of President Mahinda Rajapaksa with a recent investigation revealing that someone of authority has misappropriated US$ 400,000 annually in an aircraft lease deal in connection to SriLankan airlines.

Rajapaksa

Rajapaksa

The investigation has further revealed that the sum of US $400,000 was ‘pocketed’ for several years. The disclosure comes amidst reports that the government was also in discussion with Pakistan International Airlines (PIA) to lease a SriLankan airlines aircraft to PIA in an effort to help generate income for the national career due to it’s massive debt.

State Enterprise Development Minister Kabir Hashim disclosed that under the previous management several aircrafts were leased for a cost of US $ 1.4 million annually, even though they could have been leased for US $ 1 million. “So we wonder who has pocketed the money and why an additional US$ 400,000 was paid when it was possible to get it for lesser,” Hashim said.

Meanwhile, in an effort to streamline the airline further the national carrier has also decided to suspend several European flights. The government is still hunting for a foreign airline to partner with, which will take over and manage the country’s debt ridden national carrier.

In April, Prime Minister Ranil Wickremesinghe announced that the government had decided to absorb the SriLankan Airlines debts amounting to a staggering US$ 3.2 billion, in a last ditch attempt to ‘save’ the carrier.

SriLankan which recorded a profit of Rs. 4.4 billion in 2008, took an appalling nosedive having suffered a whopping loss amounting to Rs. 107 billion, when the airline’s administration was under Nishantha Wickramasinghe, the brother-in-law of former President Mahinda Rajapaksa.

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Latest comments

  • 37
    15

    If Kabir Hashim knows $400,000 gone into someone’s personal account, he must know who is that “someone”. Just dropping sensational news here and there without names and solid evidence is not expected from a government minister. This fellow Hashim is nothing but a publicity seeker. He believes, similar fabricated stories got them elected, but so far this fellows haven’t shown any evidence or no one has been punished or caught.
    Hashim and Ranil alike think they can play this tune and enlist as many as UNP cardholders into UNP ranks. The bloody fool does not realize, they have to play the tune until 2020. The effect will be worn off.
    The people must gear-up now to send all the rogues (UNF and UPLF), the rogues who misappropriate peoples money/assets and those incompetent equally corrupt agents of massive cover-up home in 2020.
    Hashim your time is up either to shut-up or show results.

    • 32
      1

      We are sick of all these expose`s. They even know the amount played out but not the name of the culprit. Please stop treating us like idiots. So much has been sent out of the country and all we do is pay the increased VAT and wait like monkeys.

    • 23
      1

      oonmmonn, charge these crooks without talking cock. We have had enough of your b… sh..

    • 3
      0

      Ramakrishna

      You are right, the news is still hot when Ranil Wickremasinghe had lambasted the journalist for spreading rumours. This is exactly what rumours are, passing on unsubstantiated news to the public and am sure Rajapakse would deny these stories.

      Ranil is doing the same for which he accused the journalists. The proof of the pudding is to convict them for what they have been accused for. Otherwise Ranil has no right to accuse the journalist.

      I have also read the news where Gotabaya had claimed all that has happened is he was been summoned for inquiry and nothing further happened. If he was guilty he would have been convicted by now and this itself a proof of his innocence. Knowing Gotapaya what he did quite openly he is certainly guilty but the Government lacks the tact and the courage to deal with them.

  • 42
    2

    No amount of insults will stick on Mahinda Rajapakse.

    He does not know the meaning of the word ‘SHAME’. Neither does his son Namal or that other buffoon once the pride of the Navy.

    Nor that goon Basil. What a blight, that lot are on society!!

    I recognize they cannot be changed. Possibly they grew up that way. So I only say ‘SHAME ON YOU’ to all those who still go behind these third raters.

    Did anyone say the Rajapakse sons were educated at St Thomas?

    • 21
      2

      YES the sons did go to St Thomas’. Sadly, it was an unavoidable situation; to refuse people who believe in entitlement would have courted a backlash. Which meant that these unworthy trouble-making louts passed through the hallowed doors leaving a bad-smell and a blot on the college history.

      The truth is that 75% of our political class are ‘not fit for purpose’. They wheedle their way into party politics, to serve themselves (now seen as an opportunity to ‘print your own money’) rather than serving the country.

      The country is littered with those who got rich quick without producing one bit of benefit to the country.

      The truth is that Gods still have it in for us. They gave us a thirty-year-war, and followed it with a rash of incompetent and thieving politicians. Next they will infest us with a plague of racists priests who will not rest until we have (once again) blood flowing into our rivers.

      No wonder, anyone who can get out, does – quickly!

      • 6
        0

        The sons might have ‘gone’ to St. Thomas’ but were never EDUCATED there.

        That’s it.

        • 2
          0

          True, True. St Thomas has been known to perform miracles but alas, some miracles (like educating the Rajapaksa’s) is just a miracle too far. Even for St Jude!

          • 4
            0

            EDUCATION being of course a foreign word to the Rajapakses, who usually pass exams without studying/reading for them.

            Clever by half, I must admit!

    • 1
      0

      ….studied at S. Thomas’ but obviously not educated?!

  • 20
    4

    Could have? Who pocketed? Why so hard to name the names?
    Is this also like all other unsubstantiated allegations. As far as I know after 911 attack in US, it is not hard to trace where the money went and came. No bank in the world will accept bag full of hard cash anymore (not even Swiss) I think there is nothing more than paying for the gallery (55 cents worth news)

  • 26
    0

    Come on, all empty words, but no action?

    Who is protecting these sharks????

    By the way, can someone help me to calculate how many KASmalams could be paid off this money.

    • 14
      0

      ROHAN….

      The answer to: Who is protecting these sharks????

      Our political class (75% incompetent, incestuous, thieving, not-fit-for purpose bastards protect each other because everyone of them is fully aware of the mischief the others have got up to. Each crook will protect the other as an ‘insurance’ for the day when they get found out.

      WE the PEOPLE need to hold the party leaders to account for, firstly giving crooks nominations, and secondly, turning a blind eye to the fiddles that go on.

  • 29
    0

    Why isn’t Nishantha Wickremasinghe arrested and questioned about this. Also details of the tender must be available. If this allegation is true it can be verified.

    • 13
      0

      He hasn’t been arrested and questioned because nobody can find him apparently.

      • 11
        0

        He must be existing in SL itself with a new NIC card and new pp.
        Remember WW who had multiple pp’s and when trapped like a rat at the immigration barrier at the BIA. Who saved him? Why is he still free?

    • 17
      0

      Why is the PM holding on to the first Report on Lankanair since it came into
      power? The UNP is playing politics with State Assets.

  • 27
    1

    The whole family got together and robbed the nation more than a decade and conveniently hiding behind the saffron robe.
    Simple Truth!!!!!!!

  • 18
    0

    A series of serious robberies but will the money ever be recovered ?
    Think not as the rogues knew how to cover their tracks.
    So the general public keeps paying for the sins of politicians who party (even now) with the money they squeeze out from us. It’s time to wake up to realise that you are being sodomized

  • 11
    2

    Didn’t somebody pocket things from the Chinese loans too as per so called Kabir Sham. Tch Tch keep it quite the Chinese are giving money now. We are on all fours now we give the whole cake for the Chinese to eat. What loan?

  • 19
    0

    Its wondering, why Nishantha still not summoned by FCID ?

  • 14
    0

    Just curious, will the Joint Opposition
    give their view on above news on an urgent basis before going on their “patha yaathira ” to bring back Mahinda ?.

  • 12
    7

    Show us evidence,or hold your horses.As far as masses are concerned MR not guilty!. You have failed to prove your case.so don’t give us these toffee talk. The other side of the sad story is you are pulling out from main cities in Europe,saying these new aircraft operating is making losses.Why do you not say that these are the reasons for the losses and not the performance of the staff.Do you know the guys who signed these deals the legal,insurance and procurement department has to be responsible,the former CEO,has all good recommendation for the aircraft, We also hear you have made the legal manager who was involved in signing these contracts is promoted last week to a head positions.Other airlines are making folly out of the airline.you have no shame you said this airline is good only to bury now your deputy says no one will buy this for a rupee. In Your dream world you have the audacity to ask for a 5000 dollar non refundable deposit in calling for EOI..Shame on you hajji

  • 7
    4

    I thought Kabir will be better in Maths than Galleon.

    Lease payment on a 10 year old A 330 300 is USD 890.000 a month.

    2014 Model goes for USD 1.2 Million a month.

    Instead of trying to insult this commission agent, Kabiya should pay him an on going commission of another USD 400,000 a year.

    And our Mahavamasa Airlines will be still better off.

    Specially if Kabiya can work out how much his boss’s mate and SIL collect every year, on the Yahapalana Loan to the tune of LKR 200 Billion..

  • 10
    0

    If these Ministers including the Prime Minister think that they can defuse or rather HOODWINK the people by making these irresponsible statements, sad to say they are all living in the “Past” and not the PRESENT. The politics of people have changed and every move by the politicians is under scrutiny and that in turn gives the “Benefit of the Doubt” to the accused. This type of irresponsible statements will also help the accused to create public opinion in favour (by creating doubts) of them and get away with all criminal activities they have committed. So Mr. President and Prime Minister it is time to take charge of matters in more responsible and accountable manner so that the people will be fed with correct and proved FACTS and not cock and bull stories.

  • 10
    1

    I have seen similar articles like this. Blaming teh previous idiots for robbing the money. I dont see any action with the present regime. IF some person is appointed to lead an institution that person whould be liable for the loss. That person should proove how the check and balances were done. If not they should be penialized legally even though they may be friends relatives farther mother brother sista. WE DONT FKING CARE! TAKE ACTRION AND WE NEED TO SEE SOME PEOPLE GETTING PENALIZED WITH THE LEGAL SYSTEM! Not arrest then bail out then go to the hospital WHAT IS THE BULL CRAP YOU STPUID BASTARDS! Ain’t there a effecient legal system? Are Sri lanka so dumb fks they cannot proov any of these mal practices? Its just bound to rob votes from the innocent?

  • 3
    5

    Dear Rohan

    Please temper your language, do not bring down the tone of this website.

    • 6
      0

      /Dear Rohan Please temper your language, do not bring down the tone of this website /

      I will take your advice mate. Have you ever tried to say this to His Excellency Mahindapala?

  • 6
    0

    They can stop this payment by pressing UK and US govenmets. It is so simple if they have the evidence.

  • 4
    0

    If Ranil is prepared to absorb all of SriLankan Airways debts, parts of which is this $400,000 per year defrauded and I am sure there are more of them, I suspect he knows who the culprit is, perhaps a relative and cannot be charged.

  • 3
    0

    If the money has been pocketed out by “someone” as indicated by Kabir Hashim, them why is he trying to penalize the employees of SriLankan Airlines for the mistakes made by those crooks. Why should the employees suffer due to all this. Kabir Hashim should find this “someone” and get that money back and not retrench staff. Also the top management should also be cut to size in every way, be it salary, perks etc. Come on Kabir, use your intelligence and bring to the open who this “someone” is and let the country know this “someone” don’t beat about the bush because we Sri Lankans are not fools to fall for all this crap. Be honest and open about this fraud.

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