Wed, 07 Dec 2022 Today's Paper

Indictment served on Sajin for money laundering

6 September 2019 12:20 am - 0     - {{hitsCtrl.values.hits}}

A A A

  • Released on a cash bail of Rs. five hundred thousand
  • investigation had revealed that Mr. Gunawardena owned a group of 21 companies
  • Alleged suspicious deposits of a total of Rs. 306.286 million through several of his companies
  • Also Deposited Rs. 458,747,757 in the accounts of  seven of the 21 companiesb

 

By T. Farook Thajudeen  

The Colombo High Court yesterday served indictments on former Parliamentarian Sajin Vaas Gunawardena on alleged money laundering charges amounting to some Rs. 306 million during his tenure as a Parliamentarian.   

Following the serving of indictment he was released on a cash bail of Rs five hundred thousand with two sureties for Rs five million each.  


He was indicted by the Attorney General under Section 3 [1] [a] of the Money Laundering Act for alleged suspicious deposits of a total of Rs. 306.286 million through several of his companies.   


 The indictment was served on him before High Court Judge Gihan Kulatunge.  


He was indicted in the High Court following an inquiry conducted by the Criminal Investigation Department based on a complaint received on February 2, 2015.  


 The investigation had revealed that Mr. Gunawardena owned a group of 21 companies named COSMOS at the time of his handing over nominations for the 2010 Parliamentary Elections.  The investigation had revealed that even though Mr. Gunawardena resigned from the Directorship of those companies after becoming an MP, he  had effectively run the full operation of those companies,..  


 It was also revealed that Gunawardena had made suspicious transactions through seven of the 21 companies by allegedly depositing Rs. 458,747,757 in the accounts of those companies.  


 Further it was revealed that Gunawardena had brought in cash asking to deposit it in the accounts of his companies and had withdrawn them from those companies, without any legal right to do so.  


 The disparity between the total sum of deposits of his and his wife’s incomes, including company drawings he had made illegally has been identified as Rs. 306,268,194.  
The trial was fixed for October 1.      

 

 

Investigation revealed even though Mr. Gunawardena resigned from Directorship of those companies after becoming an MP, he effectively run the full operation


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 0

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Economy Decoded! Let’s talk about tax!

We explain the proposed new tax reforms in Sri Lanka and what it means

She said/He said

Much has been written and said in the last few days since the news was releas

POLICE ON TRIAL: Exercising Authority without Accountability

Although armed with the power of the State and empowered to use force against

Downfall and death of LTTE’s Mahathaya

The Liberation Tigers of Tamil Eelam (LTTE) ceased to exist as a functioning