Corruption in Sri Lanka
[3] Corruption directly affects the welfare of citizens by decreasing public investments in health, education, infrastructure, security, housing and plantations.
These were massive demonstrations against the administration of Gotabaya Rajapaksanand their impetus stemmed from the inability of general public to fulfill their basic needs and wants due to shortages, rolling power cuts, hyperinflation, the decline in disposable income and the lack of foreign reserves to import basic essentials.
[14] The Sri Lanka Air Force announced that Mahinda Rajapaksa and his family had used military aircraft for the election campaign, using $17,300[clarification needed] (Rs.
Rajapaksa and his family were the subjects of numerous state resource abuse complaints from organizations and election monitors, including claims of their involvement in fraud, misuse of powers, murder, and money-laundering activities said to have taken $5.31 billion[clarification needed] (Rs.
[15] In 2015, the Sirisena-led government started investigations of China Harbour Engineering Company on suspicion of offering bribes to Mahinda Rajapaksa's failed presidential re-election campaign.
[16][17] The company also apparently landed a $1.4 billion contract to establish the Port City in Colombo, which was suspended when the Sirisena regime took over.
However, the Yahapalanaya government itself was embroiled in a huge Central Bank of Sri Lanka bond scandal within a month after taking office.
Arjuna Mahendran was appointed as the Central Bank governor, replacing Ajith Nivard Cabraal, who was involved in the bond scandal.
The issuing of ten times the advertised bonds, and at a higher than expected rate, was alleged to cost the Sri Lankan government an additional Rs.
[34][35] The primary dealer had also appointed the sister of the former Central Bank Governor Ajit Nivard Cabraal onto the Board of its holding company.
The overseas staff members of Snowy Mountains Engineering Company had bribed officials to secure a $2.3 million sewerage project in 2011.
As a result, the sugar scam cost Sri Lanka a whopping 15.9 billion rupees in tax revenue.
[38][39] On 14 April 2021, the official Twitter account of SriLankan Airlines, the country's flag carrier, claimed that the airline's cargo division had made history by operating three successive cargo charter flights to Entebbe International Airport, Uganda's sole international airport, airlifting over 102 metric tonnes of printed paper in February 2021.
[42][43] The Biyagama branch of the De La Rue company prints currency notes for countries, which include Uganda.
