~

Welgama family’s one rogue misappropriates a staggering Rs. 130 millon – Remanded !

(Lanka-e-News -22.Dec.2016, 11.30PM) In connection with a fraud amounting to a whopping Rs. 130 million approximately involving public funds under  the Rajapakse regime , two suspects including  CTB chairman Sashi Dilum Welgama were remanded yesterday by acting magistrate ,Colombo .This colossal fraud was committed during the tenure of office of transport minister Kumara Welgama.

During his whole period in office , under the guise of purchasing leaf springs for buses the chairman  had misappropriated a staggering Rs. 125,830,735.66 of public funds.

The accomplice who aided and abetted   the chairman in this colossal fraud was, L.Nandana Priyantha Perera ,the manager of Nandana Auto products Pvt. Co. who was the fraudulent supplier of leaf springs. Both of them were remanded  yesterday.

The CID filed charges against the criminals under the public property Act and the Penal code . It was the present chairman of the CTB , Ramal Siriwardena who lodged the complaint with the CID . 

For the whole period between 2010 and 2015 , it was Nandana Auto products  Co. that has supplied leaf springs to the CTB . They have not supplied the leaf spring requirements in accordance with the payment collected in advance. The former  chairman Sashi Welgama has signed bogus letters of outstanding payments to the Co. and forced the chief financial manager to release payments  even without the latter making the supplies duly. These fraudulent receipt of payments had been credited to two accounts of Nandana Auto Co.

Investigations are under way to ascertain whether part of these fraudulent collection of nearly Rs. 130 million was siphoned off to Kumara Welgama who was the ministry of transport at that time.

The owner of Divaina newspaper is another brother of these Welgama swindlers.

---------------------------
by     (2016-12-22 20:24:58)

We are unable to continue LeN without your kind donation.

Leave a Reply

  1 discussion on this news

we curse this para jadya for generations to come this filthy bastard must be burnt alive with his entire famioy in the viharamahadevi park,this pakaya must burnt alive and his remains must be thrown to the scavengers fithy f/bastard.disgraceful parajadaya
-- by sugath on 2016-12-26

News Categories

    Corruption

    Defence News

    Economy

    Ethnic Issue in Sri Lanka

    Features

    Fine Art

    General News

    Media Suppression

    more

Links