How did govt. earn from Hambantota Port

UPFA Hambantota District MP Namal Rajapaksa today asked how the Hambantota Port, which was branded as a ‘white elephant’ by the United National Party (UNP) when in the Opposition, had now become a paying concern good enough to be sold to a private company. He condemned the Government’s decision to handover some 80 per cent of the Port to China Merchants Port Holdings Company and said the government was to receive US$1.1 billion by doing so. “If the port was making a loss, the government should clarify how it was able to estimate its value at US$1.1 billion,” Namal told a news conference.