At the opening ceremony of the modernized milk factory in Ambewela yesterday, Prime Minister Wickremesinghe said: “the Rajapaksa regime had spent US $ 1500 million for the construction of the Hambantota port. But when we were signing latest deal, we selected the company who offered the highest bid which is US $ 1400 million. That means the port’s value is only US $ 1400 million.”
Who pocketed the balance US $ 100 million which is equivalent to Rs 15,000 million the Prime Minister asked.
Last week the government signed a tripartite agreement to ease the debt ridden port. The agreement was signed between the China Merchant Port (CMP), Sri Lanka Ports Authority and the Ministry of Ports and Shipping. The signed deal gave the Sri Lankan government US $ 1.4 billion. (Jacqueline Senanayake)