Thursday, 7 April 2016

Probe Begins Into Multi Million Rupee CSN Building

The Financial Crimes Investigations Division has commenced investigations into the multi million rupees worth Carlton Sports Network (CSN) office at Denzil Kobbekaduwa Mawatha in Battaramulla.
Officials of the FCID, along with officials from the valuation department inspected the building on Wednesday, which was reportedly constructed at a cost of Rs. 200 million, which is owned by the Rajapaksa Memorial Foundation.
According to sources, the investigation will look into how the Rajapaksa Memorial Foundation amassed the finances to construct a building of such magnitude.
In February, Yoshitha Rajapaksa, along with Nishantha Ranatunga, Rohan Weliwita and two others were remanded for allegedly being involved in money laundering at CSN. Yoshitha had reportedly functioned as the chairman of the channel. He is currently out on bail.