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 Lankan Tamil parties pull in different directions Posted on July 19th, 2018
Published Date: 27/04/2018 (Saturday)
Number of modern slaves estimated 'hidden' in UK rises tenfold to 136,000
Published Date: 27/04/2018 (Friday)
Push No One Behind
Published Date: 27/04/2018 (Friday)
MR to miss Parliament debate on New York Times allegations today
Published Date: 27/04/2018 (Thursday)
Kleptocracy of Sri Lanka
Published Date: 27/04/2018 (Thursday)
Ukrainian border guards detain illegal migrants from Sri Lanka, India, Bangladesh
Published Date: 27/04/2018 (Thursday)
Disabled Soldiers’ Association seeks Supreme Court intervention
Published Date: 27/04/2018 (Thursday)
New Constitution: TNA seeks int’l backing for its cause
Published Date: 27/04/2018 (Thursday)
Sri Lanka charges man deported from family by Australia
Published Date: 27/04/2018 (Wednesday)
Ian Paisley could face byelection after breaking Commons rules
Published Date: 27/04/2018 (Wednesday)
Social Media – the New Testing Ground for Sri Lanka’s Freedom
Published Date: 27/04/2018 (Wednesday)
A/Level tuition classes banned from 31st July
Published Date: 27/04/2018 (Wednesday)
Sri Lanka has taken important steps to break the link between power and corruption – President tells OGP Global Summit
Published Date: 27/04/2018 (Wednesday)
Memo to Sri Lanka Office of Missing Persons (OMP) By Tamil Mothers of Disappeared About Why They Lack Confidence In OMP
Published Date: 27/04/2018 (Tuesday)
New Constitution : ‘Zero draft’ ready to go
Published Date: 27/04/2018 (Monday)
Hindu group protests against Muslim teachers wearing abaya
Published Date: 27/04/2018 (Monday)
India wants Sri Lanka to expedite joint projects
Published Date: 27/04/2018 (Saturday)
Rights groups slam Cardinal
Published Date: 27/04/2018 (Saturday)
Shocking, shameful; about 1,000 abortions daily in Sri Lanka
Published Date: 27/04/2018 (Saturday)
TNA seeks more Thai investments
Published Date: 27/04/2018 (Saturday)
Army in UN missions: Lebanon deployment extended pending HRCSL vetting of fresh contingent
Published Date: 27/04/2018 (Saturday)
Navy is warned to be alert on possible submarine attacks threats – PM
Published Date: 27/04/2018 (Saturday)
3rd International Housekeepers Summit 2018 records overwhelming response with over 300 hospitality delegates from 14 countries
Published Date: 27/04/2018 (Saturday)
Fears that Sri Lanka death penalty moves will hit GSP+ access
Published Date: 27/04/2018 (Thursday)
Sushma Swaraj’s gumption and India’s abiding arrogance
Published Date: 27/04/2018 (Thursday)
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
<<<Jul - 2018>>>
SunMonTueWedThuFriSat
1
2
3
4
56
7
8
91011
12
13
14
1516171819
20
21
22
23
24252627
28
29
3031    
 Stand up for Rights and Justice
Trump’s child hostages
Read more...
Take Action
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
Urgent: They’re beheading children
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.