Why Sri Lanka Must Rethink its Engagement with Adani Group

Quick Summary:

For the new government, acting upon deals with Adani is more than a legal or economic issue.

It is a test of its commitment to fighting corruption.

Reports suggest that former President Gotabaya Rajapaksa was pressured by Indian Prime Minister Narendra Modi to bypass competitive bidding processes in favor of Adani, a claim corroborated by a senior official of the Ceylon Electricity Board in 2022.

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Article Details

Author / Journalist: Rathindra Kuruwita

Category: Economy

Markets: United StatesAustraliaBangladeshChinaGermanyIndiaJapanKenyaMozambiqueMyanmarPakistanSri Lanka

Topics: Indian Project Government Economic Lanka Group Mannar Projects Power Transparency Adani

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 21:35:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1985 words

Reading Time: 12 minutes read

Sentences: 96 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23989919

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Official Website: thediplomat.com

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