Sri Lanka, March 21 -- A media firestorm has erupted over a US$3.85bn refinery project that was trumpeted by Sri Lankan government politicians as the largest FDI in the history of Sri Lanka. The Indian 'Hindu' newspaper reported on the deal yesterday:

#Srilanka: An overseas joint venture has committed a record $3.85 billion to a new oil refinery in SL. Oman will fund 30% while Singapore-based Silver Park International, owned by a business interest in India, will finance the rest: @AFP #via @the_hindu

- Meera Srinivasan (@Meerasrini) March 20, 2019

Following Reuters news story which reported a denial by the Oman Oil Company that it had agreed to invest in the project that BOI, for the first time in history, the BOI...