SLPL 'white elephant' to cost millions
Submitted by Marcian on June 10, 2011 - 21:13
SLC which is reeling under the massive debts running into billions of rupees and is gasping for breath is all set to lose further millions through the forthcoming SLPL. TV Broadcast rights have been secured by Carlton Sports Network(CSN). Nishantha Ranatunga is the CEO of CSN Channel.
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8 December 2010
12 hours 49 min
The cat is out of the bag! Nishantha Ranatunga is the CEO of the CSN.
20 November 2008
15 hours 39 min
Read this from October last year: http://www.islandcricket.lk/news/7628100...
They wanted $2.75 million for the TV rights, and looks like no one was interested.
Now its in the hands of a company in which the Secretary of SLC is the CEO?? Isn't that usually grounds for termination and a fraud investigation?
8 December 2010
12 hours 49 min
Thanks for the info, Hilal. It's definitely grounds for termination, and has to be investigated for fraud, but SLC and this government work on a completely different set of rules.
I have sneaky feeling this deal had the blessings of politicians or at least the sports minister knew about it but had no objection.
If I'm not mistaken Namal Rajapakse is involved with CSN - a major share holder, but I'm not sure?
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