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Last Updated : 2021-01-24 10:40:00
Last Updated : 2021-01-24 10:40:00
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China had agreed to write off US$ 30 million from the total amount which it had lent to Sri Lanka for the construction of the Outer Circular Road (OCR) which connects several highways, the Sri Lankan Government announced today.
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Batangala Thursday, 02 April 2015 07:19 AM
It is not less quality but less corruption.
Bala Thursday, 02 April 2015 07:36 AM
No $30 million commission saved from going to sub-contractors R.Family and Co.
Eds Thursday, 02 April 2015 07:48 AM
Nothing proven. Some one is assuming it is a commission. Prove it!
kumar Thursday, 02 April 2015 07:52 AM
So China knew where this "extra" funds went! Our friends!!
gune Thursday, 02 April 2015 08:06 AM
Do you think the commissions will be paid as advance of any project.
willowsd Thursday, 02 April 2015 08:23 AM
30 mil is nothing
Man Thursday, 02 April 2015 08:41 AM
The persons who took commissions must be punished as well.
dav Thursday, 02 April 2015 12:41 PM
Good Job by honest politicians
Bala Thursday, 02 April 2015 09:30 AM
Chinese quality of work and goods are not of best quality. Surely.
Sylvia Haik Thursday, 02 April 2015 06:40 PM
It is incumbant upon China to tell us who was paid this colossal commission.
Rabok Thursday, 02 April 2015 12:48 PM
When bidding for big projects always there are few items like Project Contingencies, Fuel escalation, Project Variations etc. in the BOQ - these items are inserted to cover unexpected costs that may occur during the implementations stage - naming of these items my vary from project to project - however the purpose is same - If the Client and Contractor and Consultants agrees these items can be removed from the BOQ - Regarding taking commissions inflating cost items are a possibility - however that is done by the bidders - if these bidders inflate too much then they might loose the bid so they will carefully study the local political situation and add certain % to the cost items -which will be the commission money - during the technical evaluation stage by Cabinet appointed Evaluation Committee the bidders try to influence various higher ups with promises and concessions to turn the evaluation in their favour When the project are funded by ADB or JICA or WB - the chances
From La La Land Thursday, 02 April 2015 09:48 AM
Good! this saving will cover part of the money lost on CB Bond deal.Please stop playing to the gallery and start doing some constructive work. People are getting fed up of government "talking the talk".Time to "walk the talk". You will not be able to survive only talking about misdeeds of previous government unless you actually bring perpetrators to justice and recover some of the money.
Kolannawa Kolla Thursday, 02 April 2015 09:48 AM
Hey Simon, Are you a contractor in those projects?
simon Thursday, 02 April 2015 04:01 AM
This means it will be less $30 million quality work !
ferdi Thursday, 02 April 2015 08:43 PM
Bullshit !, the scope was reduced. six lanes became four. elevated became filling the marshes.Now you will get less for more.
Manel Thursday, 02 April 2015 05:46 AM
We have guessed where the money went. Now make everyone in this country aware as to who robbed peoples money.
Don Thursday, 02 April 2015 08:51 PM
What is $30 million compared to the $700 million Chandrika borrowed from Japan to construct the Colombo Katunayake Express Way, when she was the President? The Express way never came up and still no one knows what happened to that $700 million. But Sri Lanka is still paying back the loan to Japan.
sathish Thursday, 02 April 2015 06:13 AM
Good start....but a long way to go to right size the deals for Ports and highways. USD 30 mn is like a drop in the ocean via DM Android App
ranga Thursday, 02 April 2015 06:36 AM
@Manel
Ajith Kumara Thursday, 02 April 2015 11:07 AM
Well done Rajitha. Now you, Ravi, Ranil, Rahuf can share $50M. How $50M.? Why china reduce it by $80M. You show people $30M right? China will give you cheap work. Chinese have any item for your price. You name the price china is ready to diliver cheap work. Please do the same thing for port city and sell MR and put the money in your pocket.
ranga Thursday, 02 April 2015 06:45 AM
Is it via a mail from chinaocr@gmail.com dear Minister?
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