Man who took $ 4 m  for two govt. bigwigs  threatened – UNP

Krrish Towers deal:

UNP calls for high level probe

By Zacki Jabbar

The UNP yesterday called for a high level investigation into a complaint by an official that his life was under threat for accepting USD 4 million on behalf two powerful persons in the government, as an inducement to grant a further extension of time to Krrish Towers to fully pay up on the Fort land lease agreement.

Senior UNP MP Ravi Karunanayake, addressing a news conference in Colombo, said that the official concerned was trembling in fear and had complained to the authorities and the President that his life was under threat, after revealing the circumstances which had led to the money being accepted.

Krrish Towers was given a fourth extension on Monday to fully pay up on the Fort land lease agreement, MP Karunanayake said, adding that such concessions were not given to local investors.

The government had claimed that the USD 850 million John Keels Holdings Mixed Development Project was a Foreign Direct Investment (FDI), when it was an entirely local operation, Karunanayake said.

Huge publicity had been given to new US$ 1.6 billion in FDIs, but that figure also included the JKH contribution, MP Karunanayake said, observing that the JKH and Australian Casino King James Packer’s USD 350 million investments added up to USD 1.2 billion.

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