The travel ban slapped on Namal over a transaction relating to Krish Company was lifted

The Colombo Fort Magistrate’s Court today ordered to lift the travel ban imposed against Hambantota District Parliamentarian Namal Rajapaksa in connection with the Krrish Company case.

Fort Magistrate Thilina Gamage made this order, taking into consideration a request made by defence counsel.

Meanwhile, the Court sent a reminder to the Attorney General to expedite his legal advice regarding the alleged misappropriation of Rs. 70 million connected with Krrish Company. The Court was informed that the CID has yet to receive the Attorney General’s advice regarding possible future legal action in the matter.

MP Namal Rajapaksa was present in court in connection with the case filed for allegedly misappropriating Rs. 70 million granted by Indian Real Estate Company Krish Lanka Pvt. Ltd. for the development of rugby in Sri Lanka.

The prosecution alleged that Krish Lanka Pvt. Ltd. had granted Rs. 70 million for the development of rugby in Sri Lanka, and the amount was given to Ceylon Premium Sports President Nihal Hemasiri Perera.

The initial investigations had been initiated by FCID, and it was revealed that Krish Company had remitted the money to a HSBC bank account belonging to Nihal Hemasiri Perera, and he had later given the money to Rajapaksa on two occasions.

JVP former parliamentarian Wasantha Samarasinghe had lodged a complaint regarding this incident, alleging that the money granted by Krish Company had been misappropriated by the suspect without being utilised for the real purpose of the company.