Main reason for the non participation of the American New Fortress Company in the tender process for the Yugadanavi power plant was that the company was a bankrupt company in the United States, Samagi Janabalawegaya MP Champika Ranawaka stated in Parliament today.
He also said that the catastrophe that this government is going to wreak through this company is not serious enough to be reversed.
He pointed out that the American company was investing $ 250 million in the deal and that it was attracting $ 250 million annually to his company.
He also said.
“Although they tried to show us that the Yuga Danavi power plant is a big foreign investment, it is not a big foreign investment. Foreign investment must be able to bring in the much needed foreign exchange at this moment. It should be possible create Jobs. Must be able to bring technology back. ”
“Yugadanavi investment is not possible. Just another clear racket. This is a situation that could lead to “Gunboat diplomacy” that will put this country at serious risk in the future. This company was brought on top of the formal procurement process carried out by the government itself. They did not join the procurement process. ”
“Why didn’t this company get into the procurement process? After looking at the financial balance sheet of this company, the United States has incurred losses over and over again. The company took out a $ 800 million loan last year. At Libor rate + 6.65. These loans are given to the last bankrupt companies. Are we going to tie up the bankruptcy debt of this company? ”
“We are reminded of the California Electric Mafia. In 2001, the governor of California was brought to his knees by the power mafia. Is it going to betray this energy sovereignty by allowing such an electricity mafia?
