Coal turned to gold during Rajapaksa regime
Audit reports carried out regarding supply of coal to Norochcholai Thermal Power plant, built during Rajapaksa regime, has revealed there had been a financial irregularity to the tune of Rs.36,947.57 million during the 2014 – 2015 period only.
This was revealed when audit investigation was carried out regarding financial irregularity behind the controversial coal tender. In the investigation carried out by the Auditor General it has been revealed that a stock of 181,016 metric tons too has not been entered in accounts.
The coal power plant at Norochcholai was built during Rajapaksa regime with a huge loan from China and it has been revealed that with the construction of the power plant massive frauds and corruption have been committed. There are also reports that frauds and corruption continue under the present Maithri – Ranil ‘yahapalana’ regime as well.