Thursday, 6 April 2017

Udayanga Weeratunga had questionable transactions with Panama, Latvia: FCID



By Shehan Chamika Silva

The Police Financial Crimes Investigation Division (FCID) informed Colombo Fort Magistrate today that few bank accounts of one-time Sri Lankan Ambassador to Russia, Udayanga Weeratunga had received funds from Panama and Latvia, which is questionable over the inquiry conducted into the huge financial loss caused to the Government in the purchase of Ukraine-built MIG-27 aircraft in 2006

The prosecution also told court that according to the sources the suspect allegedly resides   in UAE and therefore the international warrant had been issued through UAE officials to the alleged address that he resides in UAE.

Additionally, when questioned by Magistrate Lanka Jayaratne, counsel appeared for the Air Force informed that they still failed to find the original contract agreement of the alleged deal.

The prosecution further said that the broad investigation into misplacing the original contract document of the alleged deal was being continued.

The prosecution said it was reported that the alleged contract was signed with the presence of Mr. Udayanga Weeratunga at his official house.

During the investigations, the FCID also found USD 1.5 million deposited 16 accounts of two private banks.

According to Financial Crimes Investigation Division (FCID) Inspector Nihal Francis the deal amounted to US$14 million.

The suspect, Mr. Weeratunga was required to record statements over the incidents for further continuation of the inquiry but he was missing and absconding the inquiry.

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