Sri Lanka says Rajapaksa officials stashed over $2 billion in Dubai

March 19, 2015 6:28 PM

9 0

COLOMBO (Reuters) - Sri Lankan investigators have located more than $2 billion that was secretly transferred to accounts in Dubai by figures close to the administration of former president Mahinda Rajapaksa, the government said on Thursday.

Cabinet spokesman Rajitha Senaratne said the funds represented about of fifth of the total amount of so-called 'black money' that the authorities suspect was illicitly stashed abroad.

Also read: Roku Expects IPO to Raise More Than $200 Million

Read more

To category page