Fraudulent transaction pertaining to the Sri Lanka Institute of Information Technology (SLIIT), an organization founded to finance the Mahapola Scholarship scheme, and causing 23,000 million rupee loss to the government, by giving vouchers instead of school uniforms and incurring 538 million additional cost in 2018 under the Ministry of Education, resulting a Rs. 2300 million loss to the government through Suraksha insurance scheme, and making a loss of Rs 29 million by adding an additional page to each text book show education minister’s picture and message in 2018 are the allegations.
In 1998, the SLIIT was established at Malabe at a cost of Rs. 373 million from Mahapola Fund and by 2015 it has been developed as a private university. The value of its buildings and infrastructure exceeded Rs 20000 million, said Dr. Wijedasa Rajapaksa.
In 2015, SLIIT’s board of directors had taken over the organization without any permission from the Mahapola Trust, he revealed at a media briefing yesterday.
He said that, in this transaction, an agreement has been signed that Rs. 408 million paid to Mahapola. However, the real value of the assigned assets exceeds Rs 28000 million.
The Minster said that he inquired about the matter when he was serving as the Minister of Higher Education. He also said that he presented a cabinet memorandum to require the SLIIT to the Mahapola Fund, but was unable to get it passed due to the Finance Minister's objections.