University lecturers face Rs. 30 billion in outstanding bond payments, COPE reveals
Sri Lanka, Nov. 10 -- Nearly Rs. 30 billion is due from university lecturers across Sri Lanka for failing to honour their contractual agreements and bonds, according to the Committee on Public Enterprises (COPE).
The committee, chaired by MP Dr. Nishantha Samaraweera, has instructed officials to establish a systematic mechanism to recover the outstanding funds from lecturers who have breached their bonds and left the country.
The matter was discussed at a COPE meeting held on November 4, which reviewed the performance and audit reports of the Eastern University of Sri Lanka for 2023 and 2024.
During the meeting, COPE also uncovered several financial and administrative irregularities at the university. Despite receiving nearly Rs. 3 bil...
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