Billionaire cleared of funding LTTE

Sri Lanka's Central Bank finds no evidence against world's 559th richest person.

    Raj Rajaratnam, right, was charged with fraud in
    the United States on Friday

    'In good faith'

    "At the time Mr Rajaratnam made the donations, the TRO was not banned by the Sri Lankan government, nor the US. It was a donation made in good faith," Wijesuriya said.

    The TRO was outlawed in Sri Lanka in November 2007 and its assets were frozen a year later.

    The central bank is the leading investigating authority in Sri Lanka for all financial transactions that are suspected of breaching money-laundering laws.

    The Liberation Tigers of Tamil Eelam (LTTE) is considered a "terrorist" organisation by Sri Lanka, the United States and the European Union.

    After decades of civil war, the government declared victory over the LTTE in May.

    According to Forbes magazine, Rajaratnam is the world's 559th richest person with a net worth of $1.3bn.

    Sri Lanka's justice ministry thanked him last month for donating millions of dollars to rehabilitate child soldiers conscripted by the Tamil Tigers.

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    A journey through Romania in the time of coronavirus

    A journey through Romania in the time of coronavirus

    A photojournalist travels across the country in a motorhome to document how curfews and quarantines have changed it.

    Life after death row: The pastor praying for Nigeria's prisoners

    The Nigerian pastor adapting to life after death row

    Clinton Kanu spent 27 years in prison for a murder he did not commit, but life on the outside feels far from free.

    What it means to love a dead child

    What it means to love a dead child

    You must forget all you thought you knew about grief when the landscape of your life has been demolished.