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Sri Lanka
Sri Lanka vows to recover Rajapaksa's stolen billions
2015-01-23
[ARABNEWS] Sri Lanka's new government pledged Thursday to trace billions of dollars in stolen wealth stashed abroad by members of the previous regime and said experts from the IMF and World Bank had agreed to help.

Former President Mahinda Rajapaksa and his powerful family are accused of siphoning large sums of money from the public coffers during his decade in power, which ended when he was voted out this month.

The new cabinet agreed at its first meeting Wednesday to track down the cash, and said forensic experts from India's central bank, the World Bank and the International Monetary Fund would assist.

"We will go after the foreign assets of Sri Lankans," health minister and cabinet front man Rajitha Senaratne told news hounds in Colombo.

"Billions of dollars have been stolen and taken out of the country. We are taking steps to bring them back."

Posted by:Fred

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