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\'s UNF expects Wickremesinghe re-appointment, JVP wants \'coup\' leaders punished
Published Date: 27/04/2018 (Friday)
‘Citizens’ as suckers
Published Date: 27/04/2018 (Thursday)
Wheelchair Expedition 'Perseverance' Finished in Point Pedro Challenging 'Challenges in Life'
Published Date: 27/04/2018 (Thursday)
UNP: Purported pact with TNA, forged by SLPP
Published Date: 27/04/2018 (Thursday)
Diasporas as a force in foreign affairs: the case of Tamils in Britain and Canada
Published Date: 27/04/2018 (Thursday)
Life in 'slavery' or as a refugee? Cuban doctors' stark choice in Brazil
Published Date: 27/04/2018 (Thursday)
US lawmaker seeks an end to Chinese debt trap
Published Date: 27/04/2018 (Thursday)
US envoy called upon to exercise diligence - Cabraal
Published Date: 27/04/2018 (Wednesday)
Lanka’s high ageing population, a cause for concern - WHO
Published Date: 27/04/2018 (Wednesday)
Estate workers protest against Thondaman
Published Date: 27/04/2018 (Wednesday)
TNA says its support was conditional
Published Date: 27/04/2018 (Wednesday)
Teach everyone’s history for reconciliation
Published Date: 27/04/2018 (Wednesday)
First comprehensive survey of Sri Lankan art organized by a U.S. museum opens in Los Angeles
Published Date: 27/04/2018 (Wednesday)
New study estimates 500 Tamils disappeared in Army custody in Sri Lanka after surrendering at the end of the war in 2009.
Published Date: 27/04/2018 (Wednesday)
Ancient grape seeds may link Sri Lankan trading port to Roman world
Published Date: 27/04/2018 (Wednesday)
Mannar mass grave: Skeletal remains of 21 children unearthed
Published Date: 27/04/2018 (Wednesday)
HR should be part of daily life – HRCSL Chair
Published Date: 27/04/2018 (Wednesday)
The new arms race: American businesses vs. China’s government money How we outsourced foreign aid to private companies
Published Date: 27/04/2018 (Tuesday)
PM, ministers not removed; only functions suspended: GL
Published Date: 27/04/2018 (Tuesday)
President to appoint new govt. if P’ment undissolved: SLFP
Published Date: 27/04/2018 (Tuesday)
Sri Lanka needs its own leaders
Published Date: 27/04/2018 (Tuesday)
Former DIG Nalaka de Silva further remanded
Published Date: 27/04/2018 (Tuesday)
Investigate President’s claims on bribing MPs-TISL
Published Date: 27/04/2018 (Tuesday)
Lord Ahmad of Wimbledon has given the interim statement on the human rights situation in 2018 in the FCO’s 30 human rights priority countries.
Published Date: 27/04/2018 (Tuesday)
Sri Lanka President faces fresh challenge over his mental health
Published Date: 27/04/2018 (Monday)
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
<<<Dec - 2018>>>
SunMonTueWedThuFriSat
      1
2345678
9
10
1112131415
16
171819202122
23242526272829
3031     
 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
Proto Sumero Dravidian: The Common Origin of Sumerian and Dravidian Languages Conference Report:

Proto Sumero Dravidian: The Common Origin of Sumerian and Dravidian Languages

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.