Sri Lanka arrests former president Rajapakse's son over money laundering

Sri Lanka arrests former president Rajapakse's son over money laundering

The ex-president Mahinda Rajapakse and his relatives controlled nearly 70 per cent of Sri Lanka's national budget during his rule that ended in January 2015.  (Getty)

Colombo, Sri Lanka | Jul 11, 2016, 11.29 PM (IST)

The eldest son of Sri Lanka's ex-president was arrested on a money laundering charge today, days after being named shadow foreign minister.

Namal Rajapakse was remanded into custody for accepting more than $500,000 from an Indian company, police told a Colombo judge.

Colombo Fort Magistrate ordered Rajapakse, a lawmaker from an opposition party faction loyal to his father, Mahinda, to be kept in custody until July 18 to allow the police's Financial Crimes Investigations Division to conduct their enquiries.

There was no immediate comment from the former first family over 30-year-old Namal's arrest.

The ex-president's younger son, Yoshitha, is already facing similar money laundering charges over dealings at his private television channel, Carlton Sports Network.

In April last year, authorities arrested Mahinda Rajapakse's younger brother Basil, who was a government minister under his sibling.

The ex-president and his relatives controlled nearly 70 per cent of Sri Lanka's national budget during his rule that ended in January 2015, when he was defeated at the polls by his former ally Maithripala Sirisena.

The new president has vowed to investigate allegations that members of Rajapakse's family siphoned off billions of dollars from the country during his nearly 10-year rule.

Local rights organisations have accused the government of not taking swift action to investigate corruption under Rajapakse.

(AFP)

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