Transfer Of Funds To Rajapaksa Account Probed

The Financial Crimes Investigation Division (FCID) has questioned former Chairman of the State Mortgage Bank, Jagath Wellawatte and three former directors about the alleged transfer of a sum of Rs.1.5 million from the State Mortgage Bank to the Pushpa Rajapaksa Foundation without a Cabinet approval.

Mortgage Bank sources who wished to remain anonymous told The Sunday Leader that three more bank officers had been question by the FCID over the alleged illegal money transfer and added that it was the former Board of Directors under the Rajapaksa regime who had taken the decision without Cabinet approval to remit the money to the Pushpa Rajapaksa Foundation account at People’s Bank.

Meanwhile, Sri Lanka Ports Authority (SLPA) sources also said that the Pushpa Rajapaksa Foundation had received US$ 150,000 from a Chinese Company which comes under the SLPA. “A Chinese company that has 15 per cent shares with SLPA, had remitted US$ 150,000 to Pushpa Rajapaksa Foundation,” SLPA sources said. According to sources, the money is said to have been allegedly used to repair houses of low income families and to give scholarships for underprivileged students during the last presidential election.

“The Assistant Bank Manager, People’s Bank Head Office together with the Finance Manager of the Chinese company and its General Manager had been questioned by the FCID on the matter,” sources added. Meanwhile, it is also learnt that the Trustee of the Pushpa Rajapaksa Foundation N.H. Nandasiri, its Treasurer Mahendra Prabath Ramasinghe and Secretary of the Foundation Chitral Amaratunge had also been questioned by the FCID over the money allegedly obtained to the Foundation from the Chinese company. “The Rajapaksa family had maintained many foundations under their names and had used State money for their requirements,” sources added. The FCID, meanwhile, has filed a ‘B’ report – B 586/15 in the Fort Magistrate’s Court and has submitted the investigation report to the Attorney General’s Department on June 5, The Sunday Leader learns. (NK)