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Yoshitha seeks bail in High Court

Five individuals including Yoshitha Rajapaksa, arrested and remanded for alleged money laundering at Carlton Sports Network (CSN), sought bail from the Colombo High Court yesterday through bail revision applications.

The bail revision applications will be taken up for support on February 17. Through these revision applications, the petitioners sought an order against the Kaduwela Magistrate’s Court refusal to grant bail and argued that there were no justifiable reasons to do so.

They further alleged that the FCID had failed to conduct a comprehensive investigation into the incident and they were unreasonably moving Court not to release the petitioners on bail. In this case, former President Mahinda Rajapaksa’s second son Yoshitha Rajapaksa is accused of money laundering to the tune of Rs.234 million, criminal breach of trust, forgery and undervaluing imported items obtained by CSN.

Four other suspects, SLC former secretary Nishantha Ranatunga, the former President’s media coordinator Rohan Welivita, Ravinath Fernando and Kaushal Dissanayake are accused of aiding and abetting to commit this offence.

The FCID alleged that its detectives had seized Rs.165 million from the CSN bank account which had not been accounted for.

They further alleged that funds for setting up the television channel had come from illegal sources abroad and also funds deposited in foreign banks had been remitted back to Sri Lanka.

courtesy- Daily News
-Melani



2016-02-15
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