According to investigations the money said to be allocated for an awareness programme among rural youth on investing in the stock market was transferred to a third party bank account in the United States as payment for a Hip hop dance group that performed at the ‘Carlton Super Sevens Rugby Tournament’ last year.
They also added that Police could not locate the former SEC Chairman’s whereabouts to arrest him yesterday.
Former President Mahinda Rajapaksa appointed Godahewa as SEC chairman in the mid 2012. He also served as the Chairman of the Sri Lanka Tourism Board and the Managing Director of Sri Lanka Insurance.
Meanwhile, the Police Financial Crimes Investigations Division (FCID) also arrested two well-known figures among business circles under the same charges.
Police sources said the two individuals – Dhammika Perera and Ronnie Ibrahim were arrested under instructions from the Attorney General.
Continue reading ‘Police FCID Cracks Down on “Mahinda Mafia”in Stock Exchange: SEC Ex – Chairman Nalaka Godahewa Absconding to Avoid Arrest;Ex – Dep Chair Dhammika Perera Arrested along with Ronnie Ibrahim.’ »