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SriLakan Airlines Commission: No Board Paper on Suren’s appointment

25 July 2018 09:45 pm - 11     - {{hitsCtrl.values.hits}}

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Suren Ratwatte had been appointed as the CEO of the SriLankan Airlines without a Board Decision, Airlines Company Secretary Dalarene Thirikumar told the Presidential Commission of Inquiry (PCoI) today.

“There is Board Paper and the appointment was made without a board decision,” she told the Commission of Inquiry (PCoI) on irregularities at SriLankan Airlines, SriLankan Catering and Mihin Lanka today.

She informed the Commission that another Board Paper mentioned that SriLankan Airlines Board of Directors had shortlisted fourteen potential candidates for the CEO’s position but the list sent to her by the SriLankan Airlines Chairman’s Office mentioned only eleven foreign candidates as shortlisted to the position.

During her testimony, she also informed the Commission that the interview panel, to interview foreign candidates, was represented by the SriLankan Airlines Chairman, Acting CEO and the Board of Directors.

She informed the Commission that the Board Paper on August 25, 2018, stated that the decision to appoint a new CEO is differed by the Board of Directors, but by that time all the interviews had been held.

However, on September 21, 2015, the Director Board had noted an appointment letter to appoint Suren Ratwatte as CEO of SriLankan Airlines and he would be effective in this position from October 15, 2015, onwards, she informed the Commission.

“The period of August 25, 2015, to September 21, 2015, there was no board meeting held by SriLankan Airlines Directors board,” She said to the Commission.

She also informed the Commission that according to the Board Paper on September 21, 2015, the Board of Directors had decided to pay monthly taxable remuneration of Rs. 3 million and if the target budget achieved by the Company, the SriLankan Airlines would pay Rs. 10 million as taxable Performance Bonus to Suren Ratwatte in his position as CEO.

“The board had noted his appointment letter on September 21, 2015, and it was handed over to him on September 22, 2015, by that time Suren Ratwatte had agreed to the package in his position as CEO in SriLankan Airlines,” She said.

During her testimony, she also informed the Commission former SriLankan Airlines CEO Kapila Chadrasena also worked as the CEO and a Consultant of Mobitel Ltd, while he was serving as the full-time CEO of SriLankan Airlines and it was not mentioned on his declaration letters to SriLankan Airlines. (Yoshitha Perera)


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  Comments - 11

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  • Ulmonkey Wednesday, 25 July 2018 09:56 PM

    Pilots are saying that the lady spilling the beans were promoted without a SVN process plus it is to help to cover misdeeds of former chairman and proterm ceo. Fummy land we live!

    Duminda Wednesday, 25 July 2018 10:28 PM

    All these are political appointees with no vision and mission. That's why today Sri Lankan Air lines gone to dust bin.

    Ash Thursday, 26 July 2018 12:27 AM

    End of the day due to ALL rough politicians.

    Shunmugalingham Thursday, 26 July 2018 05:11 AM

    What the people of Sri Lanka want is an airline that is safe,affordable,good inflight service,and making profit.Who or How the CEO is appointed is irrelevant.This is allcrap introduced by the Western World focusing on management structure for its own sake. See how President Trump has deviated from this Western practices and running his administration personally,both hiring and firing. The West does not like him but he is wining. So cut away the committees and minimise the administration personal and let the head run the airlines as he pleases as long as he does not break the law,not the the red tape.

    nanda Thursday, 26 July 2018 06:22 PM

    Who had the authority to pay 3 million rupees per month from peoples money that Government collects? Has PM played with our money to please his friends?

    Pradeep Thursday, 26 July 2018 05:55 AM

    This is just peanuts compared to other problem looming in the country. Ordinary people are not worried about these things. Their worry is about day to day survival in a country ruled by scandalous rulers who succeed each other.

    SAM Thursday, 26 July 2018 10:51 AM

    After all its the people who have to pay for the losses. A top Company making profits for SL was taken over to run on their own and have now turned into a total loss.

    Kingsley Wijesinhe Thursday, 26 July 2018 09:22 AM

    Is Pradeep suggesting that frauds, serious malpractices and colossal waste of public money should not be investigated as long as rice and parippu are available?

    johan Thursday, 26 July 2018 09:45 AM

    Royal College Friends why board paper for appointment

    Sally Thursday, 26 July 2018 10:47 AM

    Are the former's BILs scandals swept under the carpet? What about podi babas AL beuti who was paid in lakhs too forgotten?

    Cheers Thursday, 26 July 2018 11:15 AM

    Who is Surendra he is the brother of Charitha Ratwatte and who is charitha working for Ranil so no approvals ha. But Surendra is a good Pilot.


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