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FCID in Singapore over Krrish project

28 March 2016 11:32 am - 7     - {{hitsCtrl.values.hits}}

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A team comprising the Financial Crimes Investigation Division and the Attorney General’s Departments left for Singapore last week in connection with the investigations relating to the controversial Krrish Square mixed development project.

The FCID has commenced an investigation into the Krrish Square project that was initiated during the previous government.

The US$ 650 million Krrish Transworks Tower project was planning to construct four high-rises in the capital city of Colombo containing a luxury hotel, apartments, malls and office space on a 4.3 acre land leased for 99 years from the Sri Lanka's Urban Development Authority.

A source said the team led by Senior DIG of the FCID left for Singapore and they stayed three days for the investigations.

Earlier, the FCID had recorded statements from MP Namal Rajapaksa regarding a financial transaction with Indian real estate company 'Krrish Group' for a proposed housing and shopping complex in Colombo.

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  Comments - 7

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  • Ajja Monday, 28 March 2016 07:29 PM

    FCID_ Fraudulent Criminal Inspectors Division via DM Android App

    Ravi Monday, 28 March 2016 12:39 PM

    Good Holiday !!!

    Jain Monday, 28 March 2016 01:05 PM

    Why Singapore? Krrish Group offices are in New Delhi.

    Sri Lankan Monday, 28 March 2016 02:10 PM

    What is the outcome? via DM Android App

    Gamaraala Monday, 28 March 2016 02:47 PM

    MR cannot be lucky all the time and MS cannot be unlucky all the time.

    Sharon Monday, 28 March 2016 03:13 PM

    A holiday for the boot lickers for catching MR's USD 18 Bn. And it is at our cost.....Party time........

    poraa Monday, 28 March 2016 05:29 PM

    waste of money.use spending money for FCID to build at least a toilet.


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