He told the media today (25) that the prime minister had come to know the identity of the investor only on the day the foundation was laid for the project.
Senaratne strongly criticized a decision to handover the land for the factory at a rate of Rs. 100 per acre, but refrained from mentioning the ministers responsible.
Stressing that land would not be provided at such a rate, he said the deal would be renegotiated.
The president ordered the suspension of the project after receiving complaints with supportive evidence that a massive financial fraud had occurred.
According to these complaints, an underhand deal had taken place in granting tax concessions for the project by Nandana Lokuwithana, accused of being the front-man to launder black money of the Rajapaksas, and that top government figures had misled the PM about the project.