Colombo Telegraph

Basil Denies Ownership Of Malwana Villa, Magistrate To Deliver Ruling Next Week

Pugoda Magistrate D A Ruwanpathirana yesterday announced that the future of the luxurious riverside villa built on a 16 acre land in Malwana will be decided next week.


He made this announcement after Former Minister of Economic Development Basil Rajapaksa denied any ownership of the villa. Rajapaksa’s lawyer, President’s Counsel Jayantha Weerasinghe informed the Pugoda Magistrate Court today that his client had absolutely no ownership over the house. In response to the claim by Rajapaksa’s lawyer, the Magistrate said that when the case is taken up again on October 14, an announcement will be made either ordering the state to confiscate the land or to sell it.

In September, the Colombo Telegraph reported how a very close associate of Rajapaksa betrayed him by dragging him in to yet another money laundering scandal. In a letter addressed to the Commissioner of Inland Revenue, Muditha Jayakody claimed that a large sum of money amounting to millions which was in his bank accounts was not his money and it belonged to someone else.

“That money is not earned by me, nor did it belong to me or my company. It belonged to another person, and based on his instructions, I purchased a land to build a house at 111/3, Mahawatta, Gangabada Road, Mapitigama, Malwana,” he said in the letter.

Jayakody went onto say in his letter that the money was given to him by another person who requested him to handle all the payments in relation to the construction of the house in Malwana.

Incidentally, Rajapaksa was alleged to have been the owner of the river side villa in Malwana which was reportedly built at a cost of at least Rs. 100 million with the architects of the project being Muditha Jayakody Associates, the same person who wrote the letter to the Inland Revenue Commissioner.

Related posts:

Government To Confiscate Houses, Office Owned By Basil Rajapaksa, And CSN Building

Front Man Betrays Basil, Wants Tax Revision From Inland Revenue

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