Rogue investors collected money from people before the commencement of Business and quit the country later suspending the project halfway, a parliamentary committee found.
The Committee on Public Enterprises noted in its latest report to the Parliament; “Having referred to several incidents taken place in relation to certain projects on housing complexes, it was discussed about the rogue investors those who collected money from people before the commencement of Business and quit the country later suspending the project halfway.”
COPE has not named the rogue investors and the amount of the money cheated in its report. But the COPE wanted the involvement of the Board of Investment under the Ministry of Economic Development in these kinds of situations to protect the General Public.
pasel / November 26, 2013
rogue investors those who collected money from people before the commencement of Business and quit the country later suspending the project halfway.
Minister please answer this question
who found these rouge investors?
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JULAMPITIYE AMARAYA / November 26, 2013
OH stop, stop all this Nonsence Talks.
First Change the Heading Of the Article.
It should Read as;
COPE WANTS BASIL TO STOP,
BASIL’S AND HIS ROUGE INVESTORS, CHEATING OF SRI LANKAS.
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Dodo / November 26, 2013
Krrish at Transworks is a massive money laundering scheme run by the Rajapassas and their cronies to play out foolish folk with BLACK MONEY!
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nisha buljens / November 26, 2013
Who is 10% rouge? If u know him at least teach the bugger and his bros & colleagues a good lesson in next elections and make this country a free of rouges.
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Raja / November 26, 2013
ONE WONDERS WHY CMB TELEGRAPH DOES NOT PUBLISH BAD NEWS FROM SRI LANKA.. HAS IT CMB TELEGRAPH REACHED ITS BAD NEWS QUOTA FOR THE MONTH.. ANY WAY FOR ALL YOU FREEDOM LOVERS, HUMAN RIGHTS ACTIVIST, DEMOCRACY ACTIVIST.. THE NEWS..
MP Sritharan glorifies Prabhakaran
Tamil National Alliance (TNA) parliamentarian S. Sritharan today read out a prepared statement in Parliament glorifying and romanticizing the acts of slain LTTE leader Velupillai Prabhakaran.
Prabhakaran’s birth anniversary also fell today. Mr. Sritharan, who justified the cause fostered by the LTTE called it a freedom struggle and stressed the need to commemorate the slain LTTE leaders and cadres on Mahaveer day.
However, hisspeech drew widespread condemnation from government benchers. Higher Education Minister S.B. Dissanayake hit back at Mr. Sritharan saying Prabhakaran was responsible for the killing of so many leaders of both communities.
Minister Vasudeva Nanayakkara was also opposed the statement made by the TNA MP.
Meanwhile, Government MP Hunais Farook asked that the controversial sections in Mr. Sritharan speech be expunged from the Hansard. Murugesu Chandrakumar, the Deputy Chairman of Committees, gave an order to that effect.
BECAUSE THE LTTE ARE THE TAMIL PEOPLE..HENCE AS CH4 WOULD SAY THAY HAVE NOT COMMITTED ANY CRIMES AS THEY ARE THE TAMIL PEOPLE AND ALL THOSE WHO OPPOSED IT ARE CRIMINALS. AS THE TNA SO WONDERFULLY STATES.(SOME SECTIONS)
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Snowdon Asange / November 26, 2013
He can’t… remember he is Mr 10 %
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Amarasiri / November 26, 2013
Mr. Basil Rajapaksa,
“Rogue investors collected money from people before the commencement of Business and quit the country later suspending the project halfway, a parliamentary committee found”
It is good to go after the rogue investors.
Can you please also go after rogue politicians as well. They are taking bribes, putting up casinos, commuting criminal acts, prostitution, rape etc., and increasing the prices to to citizens as a consequence.
They also employ goons, called dogs, called Ballo, towards this end.
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kos ata cabraal / November 26, 2013
This is like setting a thief to catch a thief!
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Liberal One / November 26, 2013
lol exactly.
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Joe / November 26, 2013
He is the teacher/master. End of the day Srilanka will be left with nothing.
They are fooling you guys with LTTE and Tamils card. Don’t get caught to this. International community will never allow LTTE to comeback.
MR brothers are the new LTTE in Srilanka.
You guys have to come big way to chase these guys.
They have few cards to fool you guys.
Mother lanka
War heros
LTTE
Tamils
Diaspora
South India
USA
UK
Channel 4
UNP
Navi Pillai
Sarath Fonseka
CBK
EU.
I can’t belive you guys fall in to their tricks.Wake up guys. They are taking you all for a big ride.
Good luck
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Pandukabaya / November 26, 2013
‘COPE Wants Basil To Stop Cheating Public’ would have been an apposite heading!
Look at the ex Tea Boy of Mr. Dissanayakata ‘giya kala’.
A super Moron as Minister of Economic Development.
Terror in a different form.
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Snowdon Asange / November 26, 2013
Giving him the Economic ministry is like handing a garland to a monkey… IT doesnt know the value, will rip it off . No wonder the economy of SL is in shambles….
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Balawathie / November 27, 2013
Pandu,
They are not talented at anything. How can they convince the investors ? This man looks like BAKAPANDITHAYA. Whatever the issue is, he is trying to involve, but without having proper knowledge on the area ? These bunch are the worst for the entire planet.
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A.D.J. Perera / November 26, 2013
Will the Govt keep the public informed of the status of the much hyped
Kriish Mega Project right in the very heart of Downtown Colombo. If all went by what the little known Indian promoters boasted by now at least 25% of the Complex will be heading skywards???
ADJP
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Snowdon Asange / November 26, 2013
instead of the building heading skywards… Basil’s Bank a/c has headed skywards…..NOT his actually,but his kith and kin’s… to evade being caught…
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Peter / November 26, 2013
The members of COPE will probably be replaced ‘Business As Usual’ will continue!! What a collection of rip-off artistes we have in charge!!
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Snowdon Asange / November 26, 2013
yep.. a set of scam artists also known as SL politicians…. worse than the Nigerians and other Africans who swindle people
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Tamil from the north / November 26, 2013
Is COPE mad? They are expecting a thief to stop a bunch of thieves? Bloody insane mate.
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Hade Sheriff / November 26, 2013
When leaders are rogues naturally their friends also will be rogues, Politics is mega business.
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Srilankan / November 26, 2013
The rouge investors cannot come to SL to rob the public if we have HONOUYRABLE MINISTERS.
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Yoosuf / November 26, 2013
I was peleased with the development of colombo during the CHOGM, niw yester i felt so sad, all the projects rae left over. its a failure of Management, administration of this country. Same thing applies for everything of this Sri Lanka.
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Pandukabaya / November 26, 2013
Rajapaksa Pinhead Buggers cant even run a Paper Stall on the Pavement.
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nirupaan / November 26, 2013
Also we must get rid off the rouge Ministers who get 10%, 20% etc from better rouges.
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Sri Lankan Muslim / November 26, 2013
During Wartime, Muslims and tamil businesmans were abducted and taken 50 million, 40 million and etc, and transfered to Bahamas up to 625 million $.. now its coming back to Colombo via Basil…. its a Sinners game. They tried to kick Muslims espcially in the business , but later found out that they cannot as Muslims are very strong in connections worldwide :)
Well Sri Lanka busdhims is failed
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Joe / November 27, 2013
Hello,
Please give me more information. I know couple of ministers and the Pri minister.They very close to me. I have a hotel in Nassau-Bahamas. I am not joking my friend.
Please please give me more information. I need to have something to go and tell them.
I will go to the bottam of this.
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Joe / November 27, 2013
Hello,
Please give me more information. I know couple of ministers and the Pri minister.They very close to me. I have a hotel in Nassau-Bahamas.
I am not joking my friend.
Please please give me more information. I need to have something to go and tell them.
I will go to the bottam of this.
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Douglas / November 26, 2013
This report reminds me of a very funny drama performed in the olden days during the annual procession conducted by the local temple. The relevant act is called in local terminology “MAGODI SELLAMA”. In this performance two persons dressed as tigers walk jumping at each other showing the on lookers that at any moment one is going to kill the other. This act goes on till the end of the procession that finishes where it started. The two persons then wash all the paintings on their bodies and have a nice get together and walk away cheating all the onlookers.
Don’t you see that this COPE is also doing the same act “MAGODI SELLAMA” and finally cheat all the people who are waiting to see some punitive action is taken against the culprits who swindle the public enterprises?
COPE, don’t bother these people. That money will be in safe hands to be shared on a later day.
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srilal / November 26, 2013
At the end of the day those who have invested in Kriish Mega Project are the losers , but if think rationally , who could afford 1/2 mil dollars and above for an apartment ? most of them are overnight millionaires , commission kaakkas , drug peddlers et al, for them 1 million Dollars is peanut and will recover in no time !
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Austar / November 26, 2013
What is new?
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Punchinilame / November 26, 2013
The curse can be COPE itself. What remedial action have they practically
taken – just present a Report to those connected and forget it. Why
does COPE not reveal the culprits and sums involved in the Report – probably some of the COPE members/Party colleagues are involved?
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Snowdon Asange / November 26, 2013
COPE is like a thief being set by a thief… it’s more like..” You scratch my back I scratch yours”
wonder who is fooling whom….
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Joe / November 27, 2013
By the way how did you obtain USA Green card. Can you openly tell the Srilankan people the story you told US imigration officials.
I know what you told and I have a copy of the application with your signature.
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Snowdon Asange / November 27, 2013
Guess he didn’t apply for asylum… coz u know why? he and his siblings made ENOUGH money to obtain a Green Card as an investor. YES one can take US$ 300,000 to USA and obtain a green card in some remote area’s. IF in densely populated cities it can go up to US $ 500,000..
THIS WAS THE REASON THE GOVT RELAXED THE RULE OF TAKING MONEY OUT OF SRI-LANKA, SO THAT THEY AND THEIR HENCHMEN CAN INVEST AND BE READY TO RUN, WHEN THE TIME IS UP FOR THEM… sadly it will be a case of ” from the frying pan to the fire” US is waiting on them with a RED carpet… to welcome them and take the money, then hand them over to Hague…
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Senerath K / November 27, 2013
Joe, Send a copy to CT or LEN please.
It would be a great service to make all aware!
This bugger cant put a few sentences properly when talk.
Gampaha Sinhala Modayas chose him as number one though.
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mike / November 27, 2013
Basil’s English is far below expectation, same as MaRa, CHaRa, GOaTa. In a recent interview by a newspaper he indicated “Kaputas, Kaputas” (meaning Crows)…If these jokers are not comfortable in English, they should switch their interview to Sinhalese – official language of Sri Lanka??
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kapu / December 20, 2013
As long as a ten percent is there for a picking.. if money is laundered, squandered or branded these breed of parasites will not mind. anyhow, one given f…..g day another f….r is going to come and enjoy the collection of sin, sweat ,curse and hunger of the poor mans’ blood made into cash… may the cancer strike down all those who taste the blood of..G R E E D…!
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