{"id":152155,"date":"2015-10-12T11:59:46","date_gmt":"2015-10-12T06:29:46","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=152155"},"modified":"2015-10-18T14:26:23","modified_gmt":"2015-10-18T08:56:23","slug":"we-dont-have-us-500-m-bank-account-in-dubai-namal-rajapaksa","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/we-dont-have-us-500-m-bank-account-in-dubai-namal-rajapaksa\/","title":{"rendered":"We Don’t Have US $500 M Bank Account In Dubai: Namal Rajapaksa"},"content":{"rendered":"

Parliamentarian Namal Rajapaksa<\/span><\/a> today denied allegations that one of his family members had a bank account in Dubai with a deposit of US $500 million.<\/p>\n

Speaking to the media on recent allegations that a son of a VVIP had a secret bank account in Dubai and former President Mahinda Rajapaksa’s sons may be involved, Namal the eldest son of<\/p>\n

\"Namal<\/a>Rajapaksa today said that neither he nor his brothers had any such account.<\/p>\n

Namal Rajapaksa told media that not even his parents had such a foreign account. He described this as another attempt to discredit his family.<\/p>\n

Media reports said that the Sri Lankan government had initiated a judicial process in Dubai requesting the government there to freeze a bank account owned by a son of a VVIP, while pointing out that the monies have been earned through illegal means.<\/p>\n

Media reports said that the son of this VVIP was a current parliamentarian.<\/p>\n

These reports further clarified that the account originally contained US $1 billion and after, the judicial process was initiated the owner of the account had transferred US $500 million to a bank account in another foreign country.<\/p>\n

Speaking to the media on the issue Cabinet spokesman, Minister Rajitha Senaratne meanwhile said that officials in Dubai have already confirmed of the existence of the account.<\/p>\n

Senarathe had earlier said that Sri Lankan investigators have located more than $2 billion that was secretly transferred to accounts in Dubai by figures close to the administration of former president Mahinda Rajapaksa.<\/p>\n

Senaratne said the funds represented about of fifth of the total amount of so-called ‘black money’ that the authorities suspect was illicitly stashed abroad.<\/p>\n

“We have information that more than $10 billion, more than our country’s foreign reserves, is kept outside the country by those closely related to the last government,” Senarathne had said.<\/p>\n

Describing the accounts found in Dubai, Senaratne said: “One person from a leading family held $1.064 billion. Another account under a parliament member’s name had over $500 million and a secretary to a very important person had over $500 million jointly with another person, who is very famous for corruption.”<\/p>\n

Senaratne did not say who held the accounts. He said it had also identified large withdrawals, including one of $600 million, from accounts belonging to people who had worked with Rajapaksa’s government.<\/p>\n

However Rajapaksa family members have repeatedly denied such accusations in the past.<\/p>\n","protected":false},"excerpt":{"rendered":"

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