Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Thursday, September 1, 2016

Front Man Betrays Basil, Wants Tax Revision From Inland Revenue


Colombo Telegraph
September 1, 2016
A leaked letter has revealed how a very close associate of the once powerful Basil Rajapaksa has betrayed the former Minister of Economic Development, dragging him in to yet another money laundering scandal.
Basil
Basil
In a letter addressed to the Commissioner of the Inland Revenue, Muditha Jayakody has claimed that although he had accepted that a large sum of money amounting to millions which was in his bank accounts, the truth is that this was not his money and it belonged to someone else. He has therefore requested the Commissioner for a tax revision.
“That money is not earned by me, nor did it belong to me or my company. It belonged to another person, and based on his instructions, I purchased a land to build a house at 111/3, Mahawatta, Gangabada Road, Mapitigama, Malwana,” he said in the letter.
As per the letter sent by Jayakody, who is the owner of Muditha Jayakody Associates, an architect and engineering firm, the cost incurred to build the house stood at Rs. 2,500,000.00, Rs. 26,972,795.00 and Rs. 74,655,199.00.
Jayakody went onto say in his letter that the money was given to him by another person who requested him to handle all the payments in relation to the construction of the house in Malwana. Incidentally, Rajapaksa is the owner of a palatial river side villa in Malwana which was built at a cost of at least Rs. 100 million and the architects of the project was Muditha Jayakody Associates.
While reiterating that the money did not belong to him and it belonged to another person, who he did not explicitly name in the letter, Jayakody requested the Inland Revenue Commissioner to provide him with a tax revision as he has been taxed for money that did not belong to him.
“I have also been slapped with a nation building tax on the money that does not belong to me, so please review this matter,” he said in his letter.
Muditha Jayakody