Lankan assets found in Dubai

 
Investigators who commenced an investigation into financial deals of the Rajapaksa regime had traced $2 billion in Dubai banks, The Economic Times has reported. Of this, one account of a Rajapaksa family member allegedly has $1.064 billion, other two by two different persons have $500 million each in two separate accounts, the source said.
The report states that India along with the US have been approached to assist in the investigation to trace this huge amount. Both New Delhi and Washington are assisting with the probe, an Indian official source added. The Dubai money is estimated to account for 20% of the total amount Lankan authorities allege has been illicitly stashed abroad by the former president and his family. The family, however, has denied any wrongdoings and described the allegations as baseless.
President Maithripala Sirisena had during his visit to New Delhi last month shared details of the amount allegedly stashed away by Rajapaksa family in St Martin Islands, Hong Kong, Macau, Seychelles. He had also shared details about the huge investments allegedly made in real estate projects in Dubai, Uganda and Kenya.

http://lankaherald.com/2015/03/23/lankan-assets-found-in-dubai/

Comments

  1. Anonymous31 March 2015 at 22:23

    Where is Seychellloisx 3,4 billions stolen by Michel?

    ReplyDelete

Post a Comment

Popular posts from this blog

IS SEYCHELLES THE NORTH KOREA OF INDIAN OCEAN?

Image
Jean-Paul David says he was hit in the face with a baton during a late-night raid. A young man was hospitalized on Monday evening after sustaining serious injuries from what he says was a police beating. Jean-Paul David, 25, who lost teeth and hurt his right leg in the incident, now says he is planning to lodge a court case against the authorities. The police have launched an investigation in the allegation of police brutality, confirmed Police Public Relations Officer, Jean Toussaint. TODAY visited Mr David in the D’Offay Ward yesterday afternoon. Speaking through his friend, on account of the heavy swelling around his mouth, he said the incident unfolded at 8:00 pm in Roche Bois, Belonie. A group of 15 people were hanging around the area, when he says a small pickup and a Terios pulled up. Without identifying themselves, police then shot a canister of teargas at them, sending the group running in every direction, he recounts. Along with everyone else, he set ...
Read more

Etihad Turning Seychelles Into A Big Spoke When it Should Be A Hub

Image
Did everyone hear about the great news of Air Seychelles acquiring under lease, a Airbus 320 to fly regionally 115 passengers at a time to Madagscar, Dar E Salaam? This recent announcement adds Jo’burg  South Africa to a regional spoke controlled by Etihad using Air Seychelles name and position in Africa for front door entrance into the market. Feed The Hub-Feed The Hub The business model proposed by Etihad and Minister Joel Morgan, Chairman of Air Seychelles, [seems to be playing along], is to use secondary regional feeder routes via Seychelles to increase traffic into the Abu Dhabi, UAE hub, by- passing the Dubai hub or La Reunion hub, or South Africa for Eastern Africa. All this is just wonderful news for Seychelles, according to Etihad/Air Seychelles Monoj Papa. Tourism Not A Priority To Etihad- Air Seychelles The message of this new regional routes declaration is clear and no one should be fooled by the declaration: “Tourism is not a priority For Etihad-Air Seychelles”. The...
Read more