Former Minister Basil Rajapaksa, who is in remand for allegedly misappropriating state funds amounting to Rs. 33 million from the Divi Neguma Funds, has filed a bail application at the Colombo High Court.
Early this week, Rajapaksa was ordered to be remanded till August 1st over the case. However, on Tuesday he got himself admitted to hospital for a medical check-up.
Mid this month, Rajapaksa was indicted by the Attorney General for the same charges. The case is scheduled to be taken up on August 20.
Leelawathie / July 22, 2016
Even Schakraya will oppose this man being freed on Bail.
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Amarasiri / July 22, 2016
Former Minister Basil Rajapaksa,
RE: Basil Wants Bail
“Former Minister Basil Rajapaksa, who is in remand for allegedly misappropriating state funds amounting to Rs. 33 million from the Divi Neguma Funds, has filed a bail application at the Colombo High Court.”
Former Minister Basil Rajapaksa, would you be using the stolen people’s money to give bail? Just curious
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Samuel Jayaweera / July 22, 2016
That is for sure.
Else, how can these buggers could have that mch of sums.
May all the gods be supportive to send this bugger life long imprisonment.
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Don Stanley / July 23, 2016
CT Editors: Basil and co must be held accountable and SL needs to learn from and work with the US govt. to trace Jarapassa family assets in Los Angeles and Texas.
The Malaysian Deputy PM is visiting Sri Lanka when the U.S. is Seeking to Recover $1 Billion in the Largest Kleptocracy Case to Date against the Malaysian Govt. hedge fund.
Global investigators believe more than $1 billion entered Malaysian Prime Minister Najib Razak’s personal bank accounts, much of it from state investment fund 1MDB. … July 21, 2016 U.S. Links Malaysia Prime Minister to Millions Stolen From Fund. … June 30, 2016 Critic of Malaysia’s …
https://www.fbi.gov/…/us-seeks-to-recover-1-billion-i…
Federal Bureau of Investigation
2 days ago – U.S. Seeks to Recover $1 Billion in Largest Kleptocracy Case to Date … in assets associated with a fund owned by the Malaysian government.
The U.S. government is seeking to recover more than $1 billion in assets tied to international public corruption and a global money laundering conspiracy in what Department of Justice officials describe as the largest single action ever brought under the Kleptocracy Asset Recovery Initiative.
At a press conference today, Attorney General Loretta E. Lynch announced civil forfeiture complaints to recover assets associated with a fund owned by the Malaysian government that raised nearly $8 billion to benefit the Malaysian people. Instead, much of the money was diverted by high-ranking fund officials and their associates to purchase yachts, hotels, a $35 million jet, artwork by Vincent Van Gogh and Claude Monet, and to bankroll the popular 2013 film The Wolf of Wall Street.
“This fraud went on around the world,” said Special Agent Darryl Wegner, chief of the FBI’s International Corruption Unit, which investigated the case along with the Internal Revenue Service’s Criminal Investigative Division. “At least $1 billion traceable to the conspiracy was laundered through the United States and used to purchase assets here.”
From 2009 through 2015, according to the complaints, more than $3.5 billion in funds belonging to 1Malaysia Development Berhad (1MDB) was allegedly misappropriated.
The fund was created by the Malaysian government to promote economic development in that country through global partnerships and foreign direct investment. But members of the conspiracy—which included 1MDB officials, their relatives, and other associates—diverted billions of dollars using a web of shell companies with bank accounts in Singapore, Switzerland, Luxembourg, and the U.S. These complex schemes were intended to conceal the origin and ownership of the funds.
Basil, Nivard Cabraal and the Jarapassas should also be prosecuted under Kleptocracy Asset Recovery Initiative
Fighting International Public Corruption
The Kleptocracy Asset Recovery Initiative was established in 2010 to curb high-level public corruption around the world. Led by a team of Department of Justice prosecutors working in tandem with the FBI and other federal law enforcement agencies, its mission is to forfeit the proceeds of corruption by foreign officials and, where appropriate, to use recovered assets to benefit the people who were harmed. Individuals with information about possible proceeds of foreign corruption located in or laundered through the United States should contact federal law enforcement or send an e-mail to kleptocracy@usdoj.gov.
https://www.fbi.gov/news/stories/us-seeks-to-recover-1-billion-in-largest-kleptocracy-case-to-date
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Dinuk / July 23, 2016
Don now, today, French court ruled that IMF chief Christine Lagarde must stand trial for her handling of a massive state payout in 2008. IMF boss Christine Lagarde to stand trial in Tapie case.
So with the whole global financial system run by corrupt crooks fat chance of Catching Jarapassa who has Ranil and Sira’s prtection.
Last month Christine L was playing footsie with the other corrupt clown Arjuna Mahendran who has off shore accounts in Singaproe which is implicated in the Malaysian Bond scam!
Its wheels within wheels and there is not place for honest people in the corrupt cesspool of global finance and third world dictators..
Except if the Jarapassas get too close to China again, US will use its Kleptocracy innitiaitve to roll them in!
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Dan Fernando / July 24, 2016
This high criminal left the country immediately after MR is goo defeated by majority of voters together with CIVIL society groups.
But returned and got caught by lanken investigative bodies.
iMMEDIately the bugger was caught, it was reported the him to have various kind of ailments – then he was kept in medical rooms of the prison.
But the ballige putha again made very effort to create new form of devisions, within the SLFP … travelled around the country as nothing was hurt to him in the areas of HEALTH…. but now again, him to claim the kind of various illnesses after being arrested, is beyond all lies.
These men should be kept in prisons forever – that is what we the right thinking ones feel today. Among the thousands of cases filed against these men, prove most of them were planned by Basil and his mismanagement of the state funds.
Entire world is becoming aware the level of the corruption made by Rajaakshes and their kith and kin.
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thrishu / July 22, 2016
There goes the basil Carnival!
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Funlover / July 22, 2016
This shows why white vans are a necessary evil.
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Mudson Silva. / July 22, 2016
When it comes to Rajafucksas bail is given without police objection. Ordinary man will have to languish in jail forever even for stealing 4 coconuts. When will this stupid circus end. SB said recently that Basil had done no fraud at the divineguma department and it shows how much Basil had thrown money to keep the investigations at bay.
All the leading lawyers has been hired for the Rajafucksas to appear for them and wonder how much money has been thrown at the lawyers,Doctors, Police, Fcid and the Jarapaksa controlled media coolies.
All the looted money is spent for organizing Pada yatras, meetings, Bribing the Pradeshiya sabha members.
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Rohan / July 22, 2016
Guess, he wants to join Jana Satana Pada Yatra? Can the Judge ask for a complete medical report of this SICK man?
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anonymous / July 22, 2016
“Can the Judge ask for a complete medical report of this SICK man? “
Rohan, from which hospital or the specialist?. It has to be from a hospital from the USA, as he is a US citizen and I am concerned about his welfare. Ha, ha, ha………
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Nimal / July 22, 2016
Please lock him up with Willie Gamage, the brain behind Rajafuksa family’s all corrupted deals including the notorious case of Helping Hambantota – Tsunami scandal over Rs. 80 million.
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Mudson Silva. / July 22, 2016
Nimal may i correct you!! Its 800 million + that went straight to Emil Kanthan to be negotiated with Prabha for tamils to boycott.
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fool / July 22, 2016
I have a question to be asked from
1. Minister of Health Ho. Rajitha Senaratha who himself was a trade union leader
2. The Medical Council
We are at a loss to understand how when a politician is remanded , they get a promotion and all comforts at he Merchants Ward at GH. Who are these so called doctors who recommend these rogues to the General Hospital, and when ever they are transferred from the Prison there is always a room in the Merchant Ward available for them. Do these doctors follow any medical ethics. It is high time the Minister and the government take action against this doctor Mafia. Over to you Mr, Minister and the GMC
The general public feel the so called GMOA is not a professional group but a Political Party. Set of Kalukada Mudalalis. May be they can contest at he next elections. Shame on you Padeniya and your heartless and fradulant team. There is a definite place for you in the hell.
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Diogenes / July 22, 2016
Keep him in remand custody. But let him pay for his board and lodgings plus medical bills!
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Adrian / July 23, 2016
Awww the Kuku Baba wants bail, why don’t we throw in the feeding bottle along with that #Horapakse #livingoffthegovernment
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Seelawathie Jayasinghe / July 24, 2016
Pinguththarays should be kept in prison for the rest of his life.
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AshyD / July 25, 2016
MY FOOT – Bail for Basil? This uneducated rogue who has not even passed his OL’s should be whipped lashed inside remand prison.
MR became a lawyer thanks to the Bill passed in Parliament,where young MP’s under 35 were allowed to sit for the Law Final and be inducted as Attorneys but as for the other brothers, Chamal joined the Police as a Sub Inspector, Gota joined the Army as a Cadet Officer and both had only their OL’s which was the qualification required to join these two institutions at the time.
Basil does not even have this and is the DUD of the family, but with the brains to rob money from the poor people of our country.
The Attorney General must fight “Tooth & Nail” and move the Judge to refuse Bail and keep him in remand till the cases against him are concluded.
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rohan polwatte / July 25, 2016
I have seen similar articles like this. Blaming thE previous idiots for robbing the money. I dont see any action with the present regime. IF some person is appointed to lead an institution, that person whould be liable for the loss. That person should proove, how the check and balances were done. If not they should be penalized legally even though they may be friends relatives farther mother brother or a sista. WE DONT FKING CARE! TAKE ACTRION AND WE NEED TO SEE SOME PEOPLE GETTING PENALIZED WITHIN THE LEGAL SYSTEM! Not arrest, then bail out then go to the hospital, WHAT IS THIS BULL CRAP YOU STPUID BASTARDS! Ain’t there a effecient legal system? Are we Sri lankans dumb fks we cannot proove any of these mal practices? Booru president and prime ministers can’t you create a efficient legal system which punifies the culprits?
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