Sri Lanka pays high price for north-south friendship

[ Sunday Times ][ Oct 19 12:17 GMT ]

Railway trade unions alleged that the construction work carried out by two Indian companies, IRCON has been tainted with financial misappropriation, waste corruption and commission taking of influential persons with links to the government’s top rank. That is why the department has to seek an additional sum of money to meet the expenses, they charged. The Northern Railway line project was completed in three stages.If the Railway Department had undertaken the project with local manpower and expertise the cost could have been reduced to Rs. 80-100 million per km from its previous estimate of Rs.40 million, a trade union official said. [ full story | comments ]

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