Businessman and MP Tiran Alles was barred from leaving the country by the Fort Magistrate’s Court today with regard a financial misappropriation case against him where a company chaired by him and established to reconstruct houses for Tsunami affected families has been charged with misappropriating state funds.
Five others suspected of being involved in the corruption apart from Alles were also barred from leaving Sri Lanka. According to the Police, the RADA Company has been established under the Chairmanship of Alles who is also the proprietor of Maubima 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 today that through this company and two other bogus companies, a total of Rs. 125 million has been misappropriated by the Company. 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.
Meanwhile addressing the media today, Alles rejected the allegations leveled against him of misappropriating state funds reserved for the benefit of Tsunami victims using fake companies and said he is a victim of a ‘targeting’ campaign launched by the current government. He also said however that he posses controversial information regarding those who bear a vested interest in ‘targeting’ him in this manner and that he would expose them in the near future.
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