Disowned Malwana property Court temporarily suspends sale

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By 2017-03-21

By Athukorale – Minuwangoda

Pugoda Magistrate Nilupuli Lankapura yesterday (20) ordered the temporary suspension of the sale, by public auction, of the 16-acre land and other property, located in Malwana.
The property, was to be sold by auction on 29 March following an earlier Court Order that it be sold, as three individuals, including former Minister of Economic Development Basil Rajapaksa denied ownership.

Chief Inspector of the Police Financial Crimes Investigation Division (FCID) R. A. C. Ranasinghe and Sergeant Gunasekera had requested the Court, through a Motion yesterday, that this case be taken up for hearing. The Government Valuation Department had assessed that the property was worth Rs 208 million and it was stated in Court that the Attorney General had informed the FCID that the property will be acquired by the government and that the Cabinet will make arrangements for it to be used for the welfare of the people. Therefore, the Magistrate temporarily suspended the sale and said the Court would decide on the issue on 23 March. The land, which is 16 acres, 1 rood and 8 perches, in extent, is located at No. 111/03 Gangabada Road, in Malwana. It had been purchased by Thirukumaran Nadesan, a relation of the former Minister of Economic Development Basil Rajapaksa, on 11 February 2013 for Rs 64 million and it was revealed in the Pugoda Court that the foundation stone had been laid for the construction of a modern house, which had been subsequently completed.

Since the former Minister Basil Rajapaksa and businessman Thirukumaran Nadesan failed to reveal how they acquired the money to buy the land and construct a house, the FCID named them as suspects and subsequent to being produced before the Pugoda Magistrate's Court, they were released on bail. The final owner of this property was an individual named Muditha Jayakody and he had informed the Court that both Thirukumaran Nadesan and former Minister Basil Rajapaksa had rejected claim of ownership of the said land and other property and based on this statement, the Pugoda Court had decided to sell this particular property by public auction on 29 March.

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