PoliticsEconomyHOT10h ago

Minister Reveals Rs. 4.61 Billion Expressway Financial Leak, Rs. 380 Million Duplicate Payments

TLDR

Rs. 5.18B annual expressway maintenance revealed by Minister Bimal Rathnayake.
Rs. 4.614B gap in vehicle entry/exit suggests major financial leak.
Rs. 380M in duplicate payments also identified in expressway system.

Minister of Transport, Highways, and Urban Development, Bimal Rathnayake, announced in Parliament that the total annual maintenance cost for Sri Lanka's 312.57-kilometer expressway network amounts to Rs. 5,180.90 million. He made this statement on May 20th while responding to a question from Member of Parliament Ravi Karunanayake. The Minister detailed that the Southern Expressway (E01), covering 200.45 km from Kottawa to Mattala, incurred maintenance costs of Rs. 2,024.5 million. Additionally, the Outer Circular Highway (E02), spanning 28.86 km from Kottawa to Kerawalapitiya, cost Rs. 767.6 million for maintenance.

Story Update

Update #2\u00b7 May 20 · 10:47 AM

Transport and Highways Minister Bimal Ratnayake has revealed significant financial irregularities concerning the country's expressway system. In addition to the previously reported Rs. 5.18 billion annual maintenance cost, audit reports indicate a Rs. 4.614 billion gap between vehicles entering and exiting expressways, suggesting a financial leak. Furthermore, Rs. 380 million in duplicate payments have been identified.

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