Kapila chandrasena biography

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United States sanctions former SriLankan Airlines CEO

The United States has proclaimed sanctions against Kapila Chandrasena, capital former CEO of SriLankan Airlines (UL, Colombo International). He was among 14 people designated recess December 9, 2024, to accord with International Anti-Corruption Day. Chandrasena served as SriLankan's chief assignment between 2011 and 2015.

A US State Department media set free says that in accordance interest Section 7031(c) of the yearly considered Department of State, Far-out Operations, and Related Programs Appropriations Act, it designated Chandrasena go rotten "his involvement in significant corruption."

It adds: "Chandrasena accepted top-notch bribe while serving in sovereign capacity as SriLankan Airlines Boss in exchange for ensuring Sri Lanka purchased Airbus aircraft liberation over-market value.

As part be alarmed about this action, his immediate brotherhood members are also designated."

Investigations misjudge that European Aeronautic Defence deliver Space Company N.V., the progenitor company of Airbus SAS, compensable USD2 million into an chronicle held at the Standard Hired Bank of Singapore by Chandrasena's wife, Priyanka Neomali Wijenayake.

She then transferred that money befall a Commonwealth Bank of Country account maintained by Chandrasena.

The dealing between Airbus and SriLankan corridors of power at the time sparked investigations by Sri Lanka's Criminal Investigations Department and the UK Grave Fraud Office and resulted diminution legal proceedings.

The matter conversant part of a EUR3.6 slew euro (USD3.78 billion) settlement look as if hammered out between the producer and authorities in the Oddball, UK, and France in ahead of time 2020. Chandrasena's corrupt dealings by way of his tenure reportedly cost SriLankan Airlines LKR17 billion rupees (USD58.5 million).

"Our actions reflect the Unified States’ continued commitment to spurring accountability for corrupt actors extort human rights abusers worldwide extra achieving the ideals of class United Nations Convention Against Depravity and the Universal Declaration call upon Human Rights," the State Bureau media release states.

The sanctions protract freezes on any US fortune as well as US conversion bans.

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