The Auditor General has observed that although the Company is running at a continuous loss, the annual remunerations paid to the six-member Board of Directors have increased over the years.
Rs.11 million has been paid to directors as remunerations last year -- an increase on Rs.4.9 million paid for the previous year.
According to the Auditor General’s report the Mihin Lanka Chief Executive Officer (CEO) who is also the CEO of Sri Lankan Airlines is paid Rs.500,000 a month by each of the institutions as rumeneration.
The cash-strapped budget airline ‘Mihin Lanka’ has suffered a loss of two billion rupees during this financial year alone and an accumulated loss of a staggering Rs.8.5 billion since its inception in 2007, the Auditor General reveals.
A report by the parliament's bipartisan Committee on Public Enterprises (COPE) said Mihin Lanka had lost 1,300 million rupees in 2009, 1,221 million rupees in 2010 and 940 million rupees in 2011.
In the meantime its directors who were paid 5.4 million rupees in 2008 had been rewarded with 11.2 million rupees in 2011.
Darüber hinaus werden sechs weitere staatliche Unternehmen, darunter Mihin Lanka, Lanka Fabric Ltd, CWG Hambantota, Rajarata Food Grain Ltd, State Resources Management Company und Janatha Fertiliser Company, das gleiche Schicksal erleiden.