COLOMBO (Reuters) - China's state-run Aerospace Long-March International Trade Co (ALIT) on Friday rejected Sri Lanka President Maithripala Sirisena's allegation of misappropriating 2 billion rupees (£8.8 million) in a deal to work on the construction of South Asia's tallest tower.
Sirisena made the allegation at the inauguration on Monday of the 356-meter Lotus Tower, which overlooks Beira Lake in Colombo, sparking a political row in the country, which has relied heavily on China for project finance. A parliamentary panel will investigate the allegation.