Tuesday, August 16, 2016

Sri Lankan ex-president's son accused of money-laundering

Latest: Corruption and Money Laundering.

Sri Lankan ex-president's son accused of money-laundering.


Namal Rajapaksa has been remanded in custody for a week
The eldest son of former Sri Lankan President Mahinda Rajapaksa has been arrested on suspicion of money-laundering, his lawyer has said.
Namal Rajapaksa, a member of parliament, is alleged to have laundered 45m Sri Lankan rupees ($310,000; £240,000) through two firms.
He has not commented on the latest accusation but has previously denied all wrongdoing.
A court in Colombo has remanded Mr Rajapaksa in custody for a week.
He was already on bail over allegations of accepting a bribe of more than $500,000 in connection with a property venture in the Sri Lankan capital.
Several members of the Rajapaksa family are under investigation over alleged corruption...

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