header logo
Vallibel FD
vallible LE
Latest
Sri Lankan politicians named in Panama Papers – Ranjan
Apr 06, 201601:43 PM
Sri Lankan politicians named in Panama Papers – Ranjan
Mobitel inner 1278

Deputy Minister Ranjan Ramanayake says that the names of three Sri Lankan politicians are featured in the Panama Papers revelations, the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous.

 

The leaked documents have shone a light on the finances of politicians and public figures from around the world, causing public outrage over how the powerful are able to hide money and avoid tax.

 

“The Prime Minister said that names of 3 Sri Lankan politicians are in the Panama Papers. It will be revealed soon,” he told reporters after the UNP’s Working Committee meeting at party headquarters -Sirikotha on Tuesday. 

 

The Deputy Minister of Social Empowerment and Welfare said that Russian President Vladimir Putin, celebrities Aishwarya Rai, Amitabh Bachchan and Jackie Chan are among those featured in a massive leak of documents, some of which reveal hidden offshore assets. 

 

“Leaders who held top positions in Sri Lankan politics area also among them,” he claimed. “The Panama Papers are not something we made. We will soon find out who the three rouges are.”

 

More than 100 media groups have investigated a massive leak of 11.5 million documents from Mossack Fonseca, a Panama-based law firm with offices in 35 countries.

 

The stash of records was obtained from an anonymous source by German daily Sueddeutsche Zeitung and shared with media worldwide. The documents, from around 214,000 offshore entities, cover almost 40 years. 

 

These records reveal a list of individuals who have paid the firm — and bought the benefits of the secretive, lax regulatory system in which it operates — to set up offshore entities in tax havens around the world. 

 

Iceland’s Prime Minister Sigmundur David Gunnlaugsson became the first major casualty of the Panama Papers revelations, stepping down on Tuesday after leaked files showed his wife owned an offshore firm with big claims on the country’s collapsed banks.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

Will island-wide power cuts end in three days? Govt. says situation will return to normal tomorrow

 Namal Rajapaksa’s Secretary granted bail; Court imposes travel ban, case fixed for December

Namal Rajapaksa’s Secretary granted bail; Court imposes travel ban, case fixed for December

 More factions demand the release Gnanasara Thero; Govt. maintains it cannot override court ruling

More factions demand the release Gnanasara Thero; Govt. maintains it cannot override court ruling

Sarvajana Balaya seeks to emerge as main challenger to Govt

Sarvajana Balaya seeks to emerge as main challenger to Govt

 One-hour daily power cuts from today. Island-wide interruptions until Oct. 21 - NSO

One-hour daily power cuts from today. Island-wide interruptions until Oct. 21 - NSO

 Patali reveals details of pardons granted by President AKD. 334 prisoners pardoned in 2025 and 2026

Patali reveals details of pardons granted by President AKD. 334 prisoners pardoned in 2025 and 2026

 Protests and marches held across Sri Lanka in support of Galagoda Aththe Gnanasara Thero

Protests and marches held across Sri Lanka in support of Galagoda Aththe Gnanasara Thero

 China-backed Colombo Port logistics hub project abandoned. SLPA to pursue new facility

China-backed Colombo Port logistics hub project abandoned. SLPA to pursue new facility

President says govt will not go against Supreme Court verdicts; 'They can shout all they want'

President says govt will not go against Supreme Court verdicts; 'They can shout all they want'

Pinnacle and Chuda Manikya donated by Thailand  to Mihindu Maha Stupa ceremonially unveiled

Pinnacle and Chuda Manikya donated by Thailand to Mihindu Maha Stupa ceremonially unveiled

Court orders postmortem examination and thorough investigation  into tusker Kawanthissa's death

Court orders postmortem examination and thorough investigation into tusker Kawanthissa's death

Buddhist monks continue to occupy Viharamahadevi Park  demanding Gnanasara Thero's release

Buddhist monks continue to occupy Viharamahadevi Park demanding Gnanasara Thero's release

Taxes pose challenges to Sri Lanka’s tourism sector  - British High Commissioner Andrew Patrick

Taxes pose challenges to Sri Lanka’s tourism sector - British High Commissioner Andrew Patrick

CIABOC officers seize safe following search of  Namal Rajapaksa’s Secretary’s home

CIABOC officers seize safe following search of Namal Rajapaksa’s Secretary’s home

Sri Lanka hit by nationwide electricity blackout: System fully restored as cause of outage probed

Sri Lanka hit by nationwide electricity blackout: System fully restored as cause of outage probed

Lassana Flora
Lassana Flora