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Confiscation of properties plundered by Rajapakses begins: Yoshitha’s Rs. 157.5 million is the first

(Lanka-e-News -11.Aug.2016, 11.30PM) The monies illegally  amassed  and unlawfully utilized  by the corrupt criminal Medamulana Rajapakses  are to be confiscated by the government. To begin with the , sum of over Rs. 155 million that was invested in the CSN channel unlawfully , and which could not be accounted for , or explained from where  that supply of money came  was ordered by the Kaduwala magistrate yesterday (10) to be confiscated.  

The sum of Rs. 157.5 million illicit cash collection was discovered during the investigations of the FCID into the CSN channel .The magistrate responding to the request made by the FCID ordered that these monies shall be  confiscated.
 
Yoshitha Rajapakse the son of ex president Mahinda Rajapakse who deployed this sum as initial capital illegally  to launch the CSN  , could not explain from where or whom he obtained this colossal sum . The corrupt and crooked clan is now ready to give away the illicit cash collected , and the confiscation is therefore to be made. 

Yoshitha was in remand custody owing to this colossal fraud. This sum constitutes part of the initial outlay of Rs. 230 million of the CSN .The Directors of CSN are : Yoshitha Rajapakse , Rohan Welivita, Kavishan Dissanayake  , Dr. Ashan Fernando and Nishantha Ranatunge. All of them are now released on bail , while investigations into this massive fraud is  still continuing.

Meanwhile , some more illicit monies have been deployed in various other assets in the names of others, but since they now say those are not theirs , more assets of Rajapakses are  earmarked for confiscation.

16 acres of coconut estate together with  a new palace worth Rs. 190 million on Ganagabada Road, Malwana belonging to Basil Rajapakse  ; and one acre one rood land with a house situated at Browns Hill , Matara worth Rs. 56 million are earmarked for confiscation.  This is because the owners of these properties are having  different  names ,and while they claim these are properties belonging to Basil , the latter has disclaimed those properties. On that account  these properties are to be confiscated shortly.

The Matara property after being confiscated is to be used as an Industrial training center , Minister Mangala Samaraweera said recently. The Malwana land after its confiscation is to be converted into a police training School, sources say.

Corrupt and crooked Mahinda  Rajapakse was earlier on bragging most  loudly that if it is proved the Rajapakses robbed even a rupee , he would cut open his stomach , and slit his throat . But now it is proved beyond doubt his own sons have robbed not one rupee but many millions  of rupees of public funds  , and those illicit earnings of Yoshitha are to be confiscated.  If Mahinda is a leader who truly honors his word , he must not only cut his stomach down and throat up , but  even cut off his spout below  and his  nose above too. 

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by     (2016-08-12 00:32:15)

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  5 discussion on this news

MaRa bro What have u got say on this. Am sure he wont cut his nails even.....
-- by uwise on 2016-08-12

Muge PAI_ _ A kapaganna thiyenne.
-- by Mohana on 2016-08-13

Confiscation of the property is not enough. These fraudsters who have plundered national wealth should be put behind bars.
-- by Peter on 2016-08-13

Para- Sakkili- Balla.
-- by Bandula on 2016-08-14

Well done. Hats off to the Judge. Some assets would have been purchased and funds would have been deposited in the name of relatives and friends. FCID should find out and requet the courts to confiscate them as well. This will be a lesson for others before robbing.
-- by Saman on 2016-08-14

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