Why are Board Directors of loss-making SriLankan Airlines trying to resign? (VIDEO)

Why are Board Directors of loss-making SriLankan Airlines trying to resign? (VIDEO)

Written by Lahiru Fernando

24 Dec, 2017 | 11:10 pm

Six board members of the loss-making national carrier ‘SriLankan Airlines’ have written to the Prime Minister, offering to resign at his request.

Who are the six?

  • Chairman – Ajith Dias

Executive Directors

  • Rakhitha Jayawardena
  • Chanaka de Silva
  • Joseph Rajan Britto
  • Niranjan de Silva Deva Aditya
  • Mahinda Haradasa

According to The Sunday Times newspaper, the letter states that they are willing to resign in order to facilitate a proposed restructuring of the company.

Committee of public officials

The Cabinet Committee on Economic Management, headed by the Prime Minister, recently appointed a committee of public officials to oversee the airline’s restructure.

This committee compiled a preliminary report, which was submitted on December 20, 2017.

According to a senior official at the Ministry of Public Enterprise Development, the report had noted the need for changes in the airline’s management.

The committee in question had recommended the removal of the current management.

A Presidential Commission

Meanwhile, President Maithripala Sirisena has announced that the ‘Presidential Commission of Inquiry into fraud and corruption at SriLankan Airlines and Mihin Lanka’ will be appointed in the first week of January 2018.

“Today, SriLankan Airlines has fallen to a state where it cannot function any further. There is a debt of about 60 to 65 billion. These are public funds, public property has been severely damaged because of SriLankan Airlines.” said the President

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