Rs.700mn for Commonwealth Games bidding is missing

22 November 2017 01:28 am - 15     - {{hitsCtrl.values.hits}}

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It was revealed in parliament yesterday that over Rs. 700 million including nearly Rs.200 million State funds deposited in a current account by the CWG Hambantota 2018 Pvt. Ltd. for the purpose of bidding to host the Commonwealth Games in Hambantota had been spent without any trace of the transactions.

In response to a question raised by JVP MP Nalinda Jayatissa, Public Enterprises Development Minister Kabir Hashim told parliament that a large amount of money had been deposited by several State institutions and several private companies in the account.

He said there was no money found in the account by now and added that there was no trace of information how the money was spent.

He said they failed to obtain more information from the bank as an order from the CID was required for that.

Mr. Hashim said he learnt that a group of more than 100 people including the former Central Bank Governor had gone to the Saint Kitts Island and hosted a party from the funds.

In response to a question raised by Mr. Jayatissa regarding the expenditure on bidding for the Commonwealth Games, the minister said they could not obtain more information under the purview of the ministry adding that a Commission is required to be appointed to do so.

Mr. Jayatissa said billions of rupees would have to be spent if the games were hosted by Sri Lanka and asked who decided to take such a decision.

The minister said a national event held at State level should be usually organized by the Sports Ministry but CWG Hambantota 2018 Pvt. Ltd. had opened the account for bidding purpose for the Commonwealth Games. (Ajith Siriwardana)

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  Comments - 15

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  • Unchikun Wednesday, 22 November 2017 06:55 AM

    Is is always the JVP that highlights these miss use of pubic funds. What was the minister doing for the last 2 1/2 years. These two parties the UNP and the SLFP has to be shown the door.

    sss Wednesday, 22 November 2017 04:04 PM

    That is why the people vote les and less for JVP

    Yeti Wednesday, 22 November 2017 07:38 AM

    Not really missing, not in the sense of the word but stashed away in some bank, probably in a foreign one gathering mega interest in the name of some crooked politician.

    DJ Wednesday, 22 November 2017 07:40 AM

    Continue to play to the gallery and more will be lost. JVP take to the streets and get these 2 parties out petmanently

    Yeti Wednesday, 22 November 2017 07:40 AM

    It's become 'common' wealth of unscrupulous politicians, that's all!

    nick Wednesday, 22 November 2017 07:39 AM

    ask namal baba via DM Android App

    vasaliya Wednesday, 22 November 2017 10:09 AM

    Black Coffee Tie Coat will protects the culprits while dragging himself and others in his party in front of commissions and getting ridiculed. Who said the man has brains.....

    daham Wednesday, 22 November 2017 10:51 AM

    What JVP's intention is to turn the public displeasure on this government to other side, since they are too, responsible for bringing in this corrupt government.

    VJ Wednesday, 22 November 2017 10:58 AM

    Ask Cabral, he knows for sure.

    Premalal Wednesday, 22 November 2017 11:33 AM

    Did you find that out yesterday?

    voter Wednesday, 22 November 2017 01:44 PM

    Must've gone towards helping Hambantota. Why are these crying so much 2018 is yet to dawn.

    voter Wednesday, 22 November 2017 01:45 PM

    A commission will come inquiry done charged in court bail given end of story.

    Sanath Wednesday, 22 November 2017 01:53 PM

    There are so many fraudes we are talking about. But what action is being taken to address those and bring culprits to book???

    gamini Wednesday, 22 November 2017 02:02 PM

    part of it was entertain fee paid to Anarkali who accompanied the bid party

    Kumara Wednesday, 22 November 2017 04:00 PM

    Timely attack to safeguard PM from bond scam by rathu ali patiyas


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