The national coffers grew by a further Rs. 157.5 million on Wednesday after the Government confiscated the money believed to have links with former President Mahinda Rajapaksa’s second son, Yoshitha Rajapaksa, who is currently out on bail in a money laundering case involving the Carlton Sports Network (CSN).
The Rs. 157.5 million was deposited in two fixed deposits under the name of Amtrad, a private company. However despite having a large sum of money in the two accounts under the company name, Amtrad Holdings Limited distanced itself from it, claiming that the money was not theirs.
Subsequent to this statement, the FCID which unearthed this money during an investigation on the CSN case, sought approval from the Kaduwela Magistrate Dhammika Hemapala to transfer the money from the fixed deposits to the Central Bank, as there was no owner to the money. The Magistrate, on Wednesday approved the fund transfer.
Cabinet spokesman Minister Rajitha Senaratne said that this was possibly the largest sum of illegal money transferred to the Central Bank. “We warmly welcome this,” he told a news conference in Colombo today. He added that this was a victory to the people because the money looted from the people by the previous government was once again deposited to it’s rightful place.
Senaratne also said that several lands suspected to have links to former Minister Basil Rajapaksa will be taken over by the government. Senaratne announced that the 18 acre land in Kaduwela will be used to establish a police training academy, while another property in Matara will be used to build a tourism training centre. According to the Cabinet Spokesman, no owner has come forward to claim ownership to these lands.