Connect with us

News

Lucrative infrastructure projects: Australians charged for bribing Sri Lankan officials

Published

on

Suspects were arrested after an investigation involving several countries(pic released by Australian Federal Police)

Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars, Australian media reported yesterday.

Australian police arrested the pair recently after a decade-long investigation, spanning several countries. They were to be produced in Court yesterday (11).

The men, aged 67 and 71, worked for a company that has been accused of misconduct in South Asian countries. They are yet to respond to the charges.

The Australian Federal Police (AFP) say the men arranged bribes of more than A$304,000 ($190,000, £172,000) to government officials, between 2009 and 2016. The bribes were allegedly made in the pursuit of two Sri Lankan projects – which police did not name – worth A$ 14m. The charges follow an investigation into SMEC International Pty Ltd., an Australian-based engineering firm, which involved authorities from the US, Canada, India and elsewhere.

More arrests and charges are possible, the AFP said.”Corruption undermines fair competition and can have disastrous consequences for developing economies, global anti-poverty and development efforts,” the media quoted Detective Supt Helen Schneider as having said. Originally known as the Snowy Mountains Engineering Corporation, SMEC was formed in 1949 to build an iconic Australian infrastructure project. It has since grown to employ 5,400 staff in many countries.

In 2017, the World Bank temporarily barred SMEC and four subsidiaries in India, Bangladesh and Sri Lanka from bidding for any of its contracts.The World Bank said it had discovered evidence linking the company to suspected “inappropriate payments” in Sri Lanka and Bangladesh. At the time, a spokesperson for SMEC said the allegations did not relate to any Australian projects, and that the company would continue to strengthen its corporate integrity compliance programmes. Protests have erupted in Sri Lanka, this year, over corruption allegations, and the country’s worst economic crisis in history.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Heat index at ‘Caution level’ in Northern, North-central, Eastern, North-western, Western provinces and Monaragala district today [09]

Published

on

By

The Natural Hazards Early Warning Centre  of the Department of Meteorology has issued a Warm Weather Advisory for 09 April 2025

The public are warned that the Heat index, the temperature felt on human body is likely to increase up to ‘Caution level’ at some places in Northern, North-central, Eastern, North-western, and Western provinces and in Monaragala district.

The Heat Index Forecast is calculated by using relative humidity and maximum temperature and this is the condition that is felt on your body. This is not the forecast of maximum temperature. It is generated by the Department of Meteorology for the next day period and prepared by using global numerical weather prediction model data.

Effect of the heat index on human body is mentioned below is prepared on the advice of the Ministry of Health and Indigenous Medical Services.

ACTION REQUIRED

Job sites: Stay hydrated and takes breaks in the shade as often as possible.
Indoors: Check up on the elderly and the sick.
Vehicles: Never leave children unattended.
Outdoors: Limit strenuous outdoor activities, find shade and stay hydrated. Dress: Wear lightweight and white or light-colored clothing.

Note:
In addition, please refer to advisories issued by the Disaster Preparedness & Response Division, Ministry of Health in this regard as well. For further clarifications please contact 011-7446491.

Continue Reading

News

Sajith asks govt. to submit its MoUs with India to Parliament

Published

on

Prof. Jayasumana raises possibility of Lanka ending up with “Quad’

Opposition and SJB Leader Sajith Premadasa has said it is the responsibility of the NPP government to submit the MoUs/agreements that were recently signed with India to the respective Sectoral Oversight Committees (SOCs).

Premadasa said so when The Island raised the issue with him. He said that during his meeting with Premier Modi his focus had been on opening the Indian market for Sri Lankan garment exports.

The seven MoUs/agreements signed on 05 April included defence cooperation, energy, Eastern Province development and digitalisation.

Meanwhile, the Vice President of Sarvajana Balaya and former lawmaker Prof. Channa Jayasumana said that the government owed an explanation whether the recently signed MoU on defence cooperation directly or indirectly attached Sri Lanka to the Quad security alliance, consisting of the US, Australia, Japan and India.

The former SLPPer raised the issue at a meeting held at Boralesgamuwa on Monday (07) in support of Sarvajana Balaya candidates contesting the May 6 LG polls.

Prof. Jayasumana urged that the MoU on Defence Cooperation be placed before Parliament, and the people, without further delay. The academic who served as State Health Minister during President Gotabaya Rajapaksa’s tenure said that President Anura Kumara Dissanayake’s foreign policy direction should be dealt with.

By Shamindra Ferdinando

Continue Reading

News

Govt. won’t extend suspension of ‘parate executions’

Published

on

The government would not extend the suspension of ‘parate executions’ that was now effective, Deputy Minister of Finance Harshana Suriyapperuma told Parliament yesterday.

Suriyapperuma said so in response to a question raised by Opposition Leader Sajith Premadasa, who asked about the government’s plans regarding a relief package to assist small and medium-scale enterprises (SMEs) struggling to repay loans.

Pointing out that about 263,000 SMEs had closed down, Premadasa asked what action the government would take to address the grievances of these SMEs.

He said that from 01 Jan., 2019, to 01 Dec., 31, 2023, licensed banks had collected Rs. 113.7 billion through 2,263 parate executions. As of 31 Dec., 2024, Rs. 1,380 billion had been recovered from Stage III defaulters.

The government has introduced loan schemes to assist SMEs impacted by the economic crisis. They included capital loans of up to Rs. 10 million, with a six-month grace period and a three-year repayment term at 8% interest, Suriyapperuma said. Additionally, another loan scheme under the consolidated fund aimed to help SMEs that werecurrently paying their loans. That scheme offered loans of up to Rs. 15 million, which must be repaid over ten years with a one-year grace period and a 7% interest rate. For SMEs that had defaulted on their loans, a loan of up to Rs. 5 million is available at 8% interest, with a six-month grace period and a five-year repayment term, Suriyapperuma said.

By Saman Indrajith

Continue Reading

Trending