Australia documentary reveals major corruption in multi-million dollar hospital project in Hambantota

May 2, 2022 at 5:29 PM

Australia’s leading Investigative journalism program, Four Corners has revealed major corruption pertaining to the multi-million dollar hospital project in Hambantota, Sri Lanka.

A documentary by Four Corners establishes that Australia- based Aspen Medical has been embroiled in a top-level money laundering investigation after its involvement in the multi-million-dollar hospital project in Hambantota.  

Stating that it was a 2012 project, it said the company had obtained formal Australian government support through an $18.8 million insurance guarantee from the then-Export Finance and Insurance Corporation (EFIC — now Export Finance Australia).

Four Corners said Aspen Medical’s first transaction in Sri Lanka was a payment of 1.4 million euros ($2.1 million) to a mysterious British-Virgin Islands-domiciled company called Sabre Vision Holdings owned by a Sri Lankan. (NewsWire)