Ravi K Says Actual Cost Of Hambantota Cricket Stadium Is Rs. 852 Million, And Not Rs. 4.5 Billion As Claimed By Rajapaksa

July 23, 2016

Finance Minister Ravi Karunanayake has disclosed that the actual cost of the infamous Mahinda Rajapaksa International Cricket Stadium in Sooriyawewa, Hambantota is only Rs. 852 million, contrary to claims made by the former Mahinda Rajapaksa led government which said that the stadium was built at a cost of Rs. 4.5 billion.

Karunanayake said that the fresh valuation was received last week from valuation officers and they have estimated the total cost of the cricket stadium to be at Rs. 852 million.

The fresh valuation was called amidst claims by the previous government which said that they had spent Rs. 4.5 billion to construct the stadium, and with the Chinese company now requesting for payment from the Sri Lankan government for carrying out the stadium construction work which was carried out during Rajapaksa’s term.

“There is absolutely no basis for the previous government’s claim that they spent Rs. 4.5 billion to construct this stadium,” Karunanayake added.

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