header logo
SLIC
Rhythms of Lanka
Latest
Namal arrested by FCID
Aug 15, 201601:15 PM
Namal arrested by FCID
Mobitel Inner

MP Namal Rajapaksa who arrived at the FCID to give a statement on alleged irregular purchase of Rs. 125 million worth Hellocorp shares has been arrested, Police said.

 


Namal Rajapaksa and five others were earlier named as suspects over money laundering charges in connection with a case filed at the Colombo Magitsrate’s Court on 28 July.

 


The case was filed over the allegation of purchasing shares worth an estimated Rs.125 million from the company called Hellocorp.

 


“He was arrested by police under the anti-money laundering act. He will be produced before a court in a while,” lawyer Premanath C. Dolawatta has told Reuters.

 


Neither Namal Rajapaksa nor family members were immediately available for comment but they have in the past all publicly denied wrongdoing. It was the second time he had been arrested.

 


In July, he was arrested in connection with a separate case on suspicion of misappropriating of funds in a $650-million apartment project and was released on bail after seven days in detention on remand.

 


Namal’s uncle, the former president’s brother, Basil Rajapaksa, who headed the economic development ministry, has also been arrested three times - twice over suspicion of misuse of anti-poverty funds and a once over suspicion of laundering money.

 


He too has denied any wrongdoing.

 


(With inputs from Reuters)

 

 

 

MostRead
Mobitel Upahara
VideoStories
Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Sri Lanka suspended executions in 1975; Will President Anura Kumara sign an execution order?

Lanka Metro Transit to roll out  112 more low-floor buses in September

Lanka Metro Transit to roll out 112 more low-floor buses in September

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

SLPP General Secretary Sagara Kariyawasam released on bail Court imposes foreign travel ban

 “This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

“This is nothing but a dishonest move” Fresh debate over proposal to extend judges’ retirement age

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

Cardinal opposes death penalty; Colombo Archdiocese reaffirms support for Easter Sunday victims

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

“Is this really the country’s biggest problem?” Sajith questions judges’ retirement age proposal

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

Govt. defends 22A draft gazette Opposition says govt. demonstrating a dictatorial approach

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

“I stayed on until tariff was brought down” Mahinda Samarasinghe rules out return to active politics

Colourful giants take over Colombo Sky! Derana–Signal International Kite Festival held at Galle Face

Colourful giants take over Colombo Sky! Derana–Signal International Kite Festival held at Galle Face

 Security heightened at Kuruwita Prison following deadly inmate clashes

Security heightened at Kuruwita Prison following deadly inmate clashes

 Over 200 vehicles participate in 'Derana-Signal Colombo International Kite Festival' promo parade

Over 200 vehicles participate in 'Derana-Signal Colombo International Kite Festival' promo parade

 'Independent Operations Centre members meet Malwatu chief prelate over proposed judicial amendments

'Independent Operations Centre members meet Malwatu chief prelate over proposed judicial amendments

 Government deceived the public through false pledges – MP Dilith Jayaweera

Government deceived the public through false pledges – MP Dilith Jayaweera

UNP warns proposed extension of judges' retirement age risks sparking youth unrest

UNP warns proposed extension of judges' retirement age risks sparking youth unrest

 Adverse weather claims eight lives, affects over 16,000 people islandwide

Adverse weather claims eight lives, affects over 16,000 people islandwide

Lassana Flora