Yoshitha identified as the chairman of CSN – Police
- Feb 01, 2016
The police said despite the former president alleged that arresting his son was a political revenge, it was clearly identified that Yoshitha Rajapaksa is the chairman of the CSN networks.
Although Namal Rajapaksa and the former chief executive officer Nishantha Ranathunga continuously emphasized that Yoshitha Rajapaksa was not the chairman of the organization there were ample evidences that Yoshitha has taken decisions behalf of the administration, the police said.
It was stated in the announcement compiled by the police spokesperson yesterday 31st about arresting Yoshitha Rajapaksa, Nishantha Ranathunga and few others and producing them to the courts on Saturday.
234 million
Police said from the investigations, it has been revealed that Rs. 234 million has been invested as capital investment to the CSN network and only seven million has been raised by issuing shares.
Police statement indicates that when investigating how the balance capital was invested it was revealed that money has been earned through forged deals and illegally remitted from a foreign country.
Unable to prove how the company obtained funds and unreliable information's has led the police investigation team to conclude the capital has been raised through money laundering.
During witness investigations when they were not proved un-guilty, under statutory provisions they were arrested and produced before the court, said the police.
Apart money laundering creating forge documents, criminal breach of trust, criminal misappropriation, violation of custom act and many other allegations including the misuse of state properties were the allegations charged against the defendants, were included in the announcement of the police media spokesperson.
It was stated in the announcement compiled by the police spokesperson yesterday 31st about arresting Yoshitha Rajapaksa, Nishantha Ranathunga and few others and producing them to the courts on Saturday.
234 million
Police said from the investigations, it has been revealed that Rs. 234 million has been invested as capital investment to the CSN network and only seven million has been raised by issuing shares.
Police statement indicates that when investigating how the balance capital was invested it was revealed that money has been earned through forged deals and illegally remitted from a foreign country.
Unable to prove how the company obtained funds and unreliable information's has led the police investigation team to conclude the capital has been raised through money laundering.
During witness investigations when they were not proved un-guilty, under statutory provisions they were arrested and produced before the court, said the police.
Apart money laundering creating forge documents, criminal breach of trust, criminal misappropriation, violation of custom act and many other allegations including the misuse of state properties were the allegations charged against the defendants, were included in the announcement of the police media spokesperson.
