In an almost unbelievable development, as per the official bid book, ERI had agreed to build the 2018 Hambantota Commonwealth Games Village along with Sri Lanka Insurance Corporation and become the largest private sector investor of the Games while the SEC was investigating the company for alleged securities fraud and or disclosure offences. This almost seems like buying oneself out of trouble...
http://groundviews.org/2011/09/03/sec-must-safeguard-credibility-of-cse-to-build-investor-confidence-in-sri-lanka/