President gets progress report on probe over Pandora Papers claims

President gets progress report on probe over Pandora Papers claims

President Gotabaya Rajapaksa has received a progress report on the investigations being conducted by the Bribery Commission on the allegations raised in the Pandora Papers.

The Bribery Commission has informed the President that the details of bank accounts maintained by businessman Thirukumar Nadesan are currently being collected.

The Commission has said that it will submit a final report to the President once investigations are completed.

President Gotabaya Rajapaksa had ordered the Bribery Commission to investigate the allegations in the Pandora Papers and submit a report.

In the Pandora Papers, confidential documents, obtained by the International Consortium of Investigative Journalists, revealed that as the country was ravaged by a bloody, decades-long civil war, Nirupama Rajapaksa and her husband Thirukumar Nadesan set up anonymous offshore trusts and shell companies to acquire artwork and luxury apartments and to store cash, securities and other assets in secret.

Pandora Papers revealed that the couple was able to amass and hide their fortune in secrecy jurisdictions with the assistance of financial services providers, lawyers and other whitecollar professionals who asked few questions about the source of their wealth – even after Nadesan became a target of a well-publicised corruption investigation by Sri Lankan authorities. (Colombo Gazette)

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