BY Pamodi Waravita
The Commission to Investigate into Allegations of Bribery or Corruption (CIABOC) is currently studying the documents received from the Inland Revenue Department of Sri Lanka (IRD) and local banks related to the investigation into former Deputy Minister Nirupama Rajapaksa and her husband, Thirukumar Nadesan, The Morning learnt.
Official sources told The Morning that depending on what is learnt in the investigation of these documents, a date on when Rajapaksa will be summoned before the Commission will be decided. Nadesan already made two statements before the Commission on 7 and 15 October, respectively.
Nirupama Rajapaksa – the niece of President Gotabaya Rajapaksa, Prime Minister Mahinda Rajapaksa, and Finance Minister Basil Rajapaksa – and Nadesan, have been named in the recent International Consortium of Investigative Journalists (ICIJ) Pandora Papers files leak. The documents allege that the couple were involved in shell companies (inactive companies used as vehicles for various financial manoeuvres or kept dormant for future use in some other capacity) located in tax havens, which in turn obtained lucrative consulting contracts from foreign companies doing business with the Government of Sri Lanka.
The ICIJ further said that Asiaciti Trust, a Singapore-based offshore services provider which managed some of Nadesan’s offshore accounts, had stated in confidential electronic mails that as of 2011, Nadesan’s overall wealth was $ 160 million. An analysis by the ICIJ has found that the Asiaciti Trust alone managed assets valued at about $ 18 million for Nadesan.
President Gotabaya Rajapaksa, on 6 October, instructed the CIABOC to launch an immediate investigation into the allegations against Sri Lankans implicated in the Pandora Papers files leak in connection with transactions, including the maintenance of large cash deposits. Presidential Secretariat Legal Affairs Director General and Attorney-at-Law Harigupta Rohanadheera, in his letter to the CIABOC, has requested a report regarding the matter within a month from 6 October. However, neither Nirupama Rajapaksa nor Nadesan were named in the letter.
Pandora Papers investigation: CIABOC probing docs from Inland Revenue Department/banks
19 Oct 2021
Pandora Papers investigation: CIABOC probing docs from Inland Revenue Department/banks
19 Oct 2021
Kapruka
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!