President orders full probe into allegations over Airbus deal

SriLankan-Airlines-Airbus

Feb 03, 2020 (LBO) – President Gotabaya Rajapaksa has ordered a comprehensive investigation into reports of allegations over financial irregularities said to have committed during the deal between SriLankan Airlines and Airbus SE for the purchase of aircrafts.

An English language weekly and few websites have published reports describing alleged misdeeds relating to the transaction between the national carrier and Europe based Airbus Industries.

Upon seeing these reports President Rajapaksa immediately ordered officials to initiate a full inquiry into these allegations, covering all aspects of the deal and report back to him.

News reports over the weekend revealed documents stated that Airbus employees offered up to 16.84 million dollars to the company of Intermediary 1 to influence the purchase of 10 Airbus aircraft and the lease of an additional 4 aircraft to the national carrier.

Sri Lanka also cancelled some aircraft after 2015 and paid penalties to re-negotiate leases of several aircraft.