Discover and read the best of Twitter Threads about #CEPIII

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While we are all raging against past corruption and, hopefully, blaming ourselves over why we did nothing about it, why don't you also read about a real-time case that's happening as we watch? Central Expressway Project Section III or #CEPIII #corruption #SriLanka
A contract to award part of #CEPIII's third section to a local consortium at a price higher by US$ 822mn (Rs 166.4bn) than its competing bid is to be pushed through Cabinet in the coming weeks. This means it's Rs 166.4 BILLION rupees higher than the competiting bid.
This has upset this second bidder, China's Metallurgical Corporation (MCC) which claims its bid was priced at US$ 1.05bn (Rs 212bn) while the controversial offer, which has Highways Minister Johnston Fernando's backing, is US$ 1.87bn (Rs 378bn).
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