Former Secretary of the Treasury, P.B. Jayasundera was today questioned by the Special Investigation Unit (SIU) .
It was reported that he is being questioned regarding the financial misappropriation case against Tiran Alles where a company chaired by him and established to reconstruct houses for Tsunami affected families has been charged with misappropriating state funds.
According to the Police, the Reconstruction and Development Agency (RADA) Company has been established under the Chairmanship of Alles who is also the proprietor of Mawbima newspaper, to engage in the construction of houses for Tsunami affected individuals in the East Coast.
The company had obtained a total of Rs. 645 million from the Treasury with the approval of the Presidential Secretariat for this purpose but no houses had been constructed so far. Meanwhile the Police confirmed that the funds collected by the company were credited to Oomps textiles Ltd. – another fake company formed by three individuals identified as Shanthi Kumar, Gajan Kumar and their mother Anandi Shanthi Kumar. The Court had been informed on April 7, 2015 that through this company and two other bogus companies, a total of Rs. 125 million has been misappropriated. It was also mentioned that the State funds paid to Oomps Textiles Ltd. had been taken over by Alles and former LTTE-er Emil Kanthan.
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