Sunday, April 24, 2016

India disapproves Pakistan aircraft deal & also Cogs within Cogs!!

From AM
A cabinet paper has been presented with regard to obtaining combat aircraft for Sri Lanka Air Force, the internal sources of the government report.
Though it has not been approved yet, it is said that there is a risk of a deal on a huge commission taking place through the purchase.
Furthermore, India is making diplomatic interventions to prevent the purchasing of combat aircraft from Pakistan, which is being backed by several higher officials attached to island's defence.
There had been a huge speculation that government of Sri Lanka was intend to buy 8 JF-17 Thunder which jointly manufactured by Pakistan Aeronautical Complex (PAC) and China’s Chengdu Aircraft Industry Corporation (CAC).
However, a huge objection was raised by India with regard to the purchase and India compelled Sri Lanka to purchase the Tejas Light Combat Aircraft manufactured by Hindustan Aeronautics Limited.
Though Tejas Light Combat Aircraft are better in quality compared to Pakistan aircraft, the government does not posses sufficient funds to purchase them.
The aircraft are higher in price and India is not providing loans to assist the transaction.
Under these circumstances an intermediary, who is a local businessman, has volunteered to assist the process where the aircraft are purchased through a Chinese company along with loan facilities.
He, who had been involved with all previous governments starting from President R. Premadasa's regime, was one of the most powerful businessmen during President Rajapaksa's regime.
He is maintaining a  close relationship  with the current government as well and has secured number of large business deals.
Hence there is a high possibility of his company handling the particular transaction.
Though another company owned by a relative of Minister Sarath Fonseka has expressed its interest in facilitating the purchase directly from Pakistan for half price along with loan facilities , the higher officials attached to nation's defence have ignored the opportunity due to their greed towards obtaining a commission.
Accordingly purchasing of the Pakistan aircraft will be another disadvantageous deal for Sri Lanka which will only increase the wealth of few individuals.

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