BBC: Sri Lankan Airlines accused of ‘culture of corruption’

A LoyaltyLobby reader sent me a link to an article on BBC’s website about corruption charges on Oneworld affiliated SriLankan Airlines.

BBC Sri Lankan Airlines accused of 'culture of corruption'

Emirates was managing the airline for a long time but the agreement came to an end shares sold to Sri Lankan government back in 2010.

You can access BBC’s article here of which below is an excerpt:

The Sri Lankan government has launched a criminal investigation into the country’s national airline over allegations of “shocking” corruption.

A statement from the prime minister’s office said that an inquiry had unearthed “major security breaches” at Sri Lankan Airlines.

The statement alleges irregularities in a $2.3bn purchase of 10 aircraft made under the previous government.

The loss-making airline is 95% state-owned and 5% owned by staff.

It is the latest in a string of corruption allegations made against the administration of former President Mahinda Rajapaksa.

Conclusion

This could be just an rift with the old and the new governments (political rivalries) or a real issue. It wouldn’t surprise me that the airline would be bleeding money considering the location and the air fares that tend to be the absolute lowest from Colombo.

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