Tamil Information Centre
User Name:   
Password:   
  Remember Me  
Sign up  |  Forget password
Home   
Search
    Contact us
Money laundering probe: British Govt. rejects French request to raid Allirajah’s company
Published Date: 27/04/2018 (Friday)

By Neville de Silva

The controversial telecom tycoon of Sri Lankan origin Subaskaran Allirajah, boss of Lycamobile, is again at the centre of a French police and media investigation that involves money laundering and tax frauds.

A five-part investigation by BuzzFeed News that has been looking closely at the activities of the Allirajah telecom empire in Britain and elsewhere, including Sri Lanka, has revealed in the 5th part of investigation, of a conflict between French prosecutors and British authorities over a request from across the channel for a raid on the offices of Lycamobile in Britain.

In refusing the French request, British Government officials have cited a curious reason which has set legal and other interested circles asking where British justice is heading.

In its latest report on the Lycamobile expose’ BuzzFeed published on April 19 it has quoted what it calls “confidential correspondence” between British Government officials and French prosecutors in which the British cite the fact that Mr. Allirajah’s Lycamobile is the “biggest corporate donor to the Conservative party” and gives money to a trust founded by Prince Charles.

Legal experts say the reason cited is laughable when less than three years ago the then Prime Minister David Cameron in an attempt to make a name for himself launched an international conference inviting world leaders to London to fight corruption and crimes such as money laundering.

At the same time when news broke about investigations into Mr. Allirajah and Lycamobile there was pressure on Mr. Cameron to return the money that was donated to the Conservative Party.

During the Mahinda Rajapaksa government, Lycamobile, which had diversified into other areas of economic activities, lobbied the then directors of SriLankan Airlines to obtain for itself the GSA for the national airline.

This would then have made other travel agents, especially those of Sri Lankan origin or promoting travel to Sri Lankan dependent on the Allirajah conglomerate to obtain seats on SriLankan Airlines.

The story at the time in London travel circles was that Lycamobile was about to clinch the deal with support from SriLankan Airlines’ chairman Nishantha Wickremasinghe, a brother-in-law of President Rajapaksa when the government lost the election in 2015.

Reports said feelers were put to the new directors of the airline but what really transpired and whether Lycamobile was still hoping to do a deal was not clear.

Mr. Allirajah was also keen to buy the shares of Hutchison Telecom Sri Lanka, whose main firm is based in Hong Kong. The Lycamobile boss and his team visited Hong Kong to talk to Hutchison before turning up in Colombo to up end a deal that Mobitel was trying to push through for the Hutch shares.

It is known in Sri Lankan diaspora circles in Britain that Mr. Allirajah lavishly entertains Sri Lankan politicians and high officials he can make contact with to build what is seen as a fruitful relationship.

In turning down a French request for a raid on the offices of Lycamobile which had already run into trouble with The Company House UK for not submitting its annual accounts time, BuzzFeed said the British authorities noted that besides being the biggest corporate donor to the ruling party led by Prime Minister Theresa May, it had donated 1.25m euros to the Prince Charles Trust.

The French request came after authorities there had launched a major probe into the firm two years ago and had arrested 19 people of using its accounts to launder what BuzzFeed says is money from organized criminal networks.

Source: The Sunday Times

Share on Facebook


 Latest 25 News/ பிந்திய 25 செய்திகள்:
Sri Lanka Apparently Target of an Undeclared War
Published Date: 27/04/2018 (Monday)
Sri Lanka: Wartime ministers admit to military executing surrendered Tamils (VIDEO)
Published Date: 27/04/2018 (Sunday)
Mahinda establishes rapport with Modi, "visibly" makes up with India
Published Date: 27/04/2018 (Sunday)
Sri Lanka seeks UN reprieve over war crimes probe
Published Date: 27/04/2018 (Saturday)
Human Rights Council holds high-level panel on the seventieth anniversary of the Convention on the Prevention and Punishment of the Crime of Genocide
Published Date: 27/04/2018 (Saturday)
Suppression of Buddhists in N-E: Govt. not keen to curb situation: Nalaka Thera
Published Date: 27/04/2018 (Friday)
Admiral Wijegunaratne’s involvement with murder suspect: TNA alleges President interfered in CID probe TNA admits Lt. Commander Hettiarachchi not ‘Navy Sampath’
Published Date: 27/04/2018 (Friday)
Aid to Sri Lanka never attached to politics: FM
Published Date: 27/04/2018 (Friday)
Sri Lanka cabinet snubs President over arrest of military chief
Published Date: 27/04/2018 (Friday)
A Manifesto for Socialist Development in the 21st Century
Published Date: 27/04/2018 (Thursday)
Sri Lanka: Human rights to dismantle debt trap, says UN expert
Published Date: 27/04/2018 (Wednesday)
University Teachers Forum Hyderabad Condemns the Raid at Prof Satyanarayana’s House
Published Date: 27/04/2018 (Wednesday)
A Concert for the Ages Ode to the Tamil Language
Published Date: 27/04/2018 (Wednesday)
Fonseka’s shocking disclosure
Published Date: 27/04/2018 (Wednesday)
Sri Lankan president's anger over airline cashew nuts
Published Date: 27/04/2018 (Monday)
USAID invests US$ 19 mn for youth empowerment
Published Date: 27/04/2018 (Saturday)
President meets representatives of international donor agencies providing development aid to Sri Lanka
Published Date: 27/04/2018 (Saturday)
The Missing Politics of Female Empowerment
Published Date: 27/04/2018 (Saturday)
Tamil Nadu Governor to decide on Rajiv Gandhi’s killers assassination case
Published Date: 27/04/2018 (Friday)
OMP wants officers accused of enforced disappearances suspended
Published Date: 27/04/2018 (Friday)
Muslim groups call for female circumcision to be medicalised
Published Date: 27/04/2018 (Friday)
Traditional cash crops under threat from palm oil, warns environmental regulator
Published Date: 27/04/2018 (Friday)
Sri Lanka joins the Convention on Cluster Munitions
Published Date: 27/04/2018 (Thursday)
Jaffna – Beginning To Awake As Provincial Elections Seem Nearing
Published Date: 27/04/2018 (Wednesday)
Islam shows its female face with rise of women mosques
Published Date: 27/04/2018 (Wednesday)
Donate
Support our work to bring rights to life in any way big or small
 Amount:

Donate using PayPal

Select dates to view
past and future events
<<<Sep - 2018>>>
SunMonTueWedThuFriSat
      
1
2
34
5
6
7
8
9
10
11
121314
15
16
1718192021
22
23
2425
26
2728
29
30
      
 Stand up for Rights and Justice
Call to Ban Monsanto’s pesticide
Read more...
Take Action
Trump’s child hostages
Set Noura Free -- sign now!
Tamil men accuse continuing torture in Sri Lanka Take a stand against torture and urge UN Human Rights commission for human rights to investigate
Latest Publication
Armament for Repression: Militarisation of Sri Lanka Conference Report:

Armament for Repression: Militarisation of Sri Lanka

Read more...

Thiruvalluvar
About us
Site Help
Getting in touch
Other
Facebook Youtube twitter
Sitemap  |  Privacy Policy  |  Terms and Conditions
Copyright © 2018 ticonline.org, All rights reserved.