header logo
Mogo Academy
Latest
Airbus deal deserves special attention – TISL
Oct 17, 201812:32 PM
Airbus deal deserves special attention – TISL
Mobitel Inner

Transparency International Sri Lanka (TISL) says it has alerted the Commission of Inquiry (CoI) into Allegations of Large Scale Fraud and Malpractice in SriLankan Airlines to alleged corruption surrounding the controversial procurement of Airbus A350 aircraft by the national carrier.

 

The German publication Der Spiegel has on repeated occasions flagged the allegations of bribery and corruption in the procurement of Airbus aircraft.

 

In a letter to the CoI in August this year, TISL highlighted that the aircraft manufacturer Airbus and its subsidiaries are under investigation in several jurisdictions for allegedly paying bribes in order to win billions of dollars of contracts.

 

TISL said it believes these investigations are of particular interest to the Sri Lankan people given the fallout following the cancellation of SriLankan Airlines’ planned purchase of Airbus A350 aircraft which led to the state having to pay in excess of Rs. 15 Billion as cancellation costs.

 

In June this year, TISL co-signed a letter along with Civil Society Organisations (CSOs) from France, Indonesia, Tunisia, the UK and the US, addressed to the Head of the UK’s Serious Fraud Office and copied to France’s Parque National Financier, the US Department of Justice and the Organisation for Economic Cooperation & Development (OECD) calling on their investigating agencies to ensure that any allegations connected to the procurement of Airbus aircraft are properly investigated and where necessary, legal action is initiated.

 

“Key among the recommendations made by the CSO’s is that in instances where it is proven that Airbus or its agents have paid bribes, the aggrieved countries are compensated for harm caused,” TISL said in a statement.

 

The CSO’s joint statement and a report compiled by Corruption Watch UK on the allegations of bribery and corruption at Airbus were also referred to the Commission of Inquiry, it said.

 

TISL Executive Director Asoka Obeyesekere said, “We respectfully call on the Commissioners to ensure a comprehensive and transparent investigation of the A350 deal, especially considering the burden placed on the country as a result of the cancellation costs. As Airbus’ parent company EADS is listed in France, the OECD guidelines for multinational enterprises apply. This provides a framework for the recovery of any monies that may have been earned through bribery or corruption”.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

Farmers struggle continues as paddy prices plummet; PMB buys over 1 million kg of ‘Yala’ paddy

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

“Final salute to a dedicated officer ”Former IGP Wickramaratne laid to rest with full police honours

 Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

Dengue situation worsening in Sri Lanka; Caseload surpasses 76,000 with 162 MOH areas at high risk

 12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

12 years at the heart of every breaking story Ada Derana News Channel marks another milestone

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

“Sri Lanka reclassified as Upper-Middle Income economy” What are the benefits for the people?

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Former Presidents, politicians pay last respects to ex-Police Chief; Final rites tomorrow in Borella

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

Women account for most dengue fatalities in 2026; PHIs take legal action against 10,000 individuals

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

“Many have lost faith and trust in God” Cardinal says modern society prefers football over religion

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Farmers raise concerns over unopened govt paddy warehouses

Farmers raise concerns over unopened govt paddy warehouses

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Lassana Flora