Namal Rajapaksa buys $70 million shares of Starlink
Namal Rajapaksa has purchased $70 million in Starlink stock.
Starlink is an American super internet company.
Namal Rajapaksa has bought $70 million shares of Starlink, a super internet company in America. pic.twitter.com/xwOHU2q1JH
— Anonymous #ghost-K# (@YourAnonKernal) May 2, 2022
Namal Rajapaksa is former President Mahinda Rajapaksa’s eldest son. Rajapaksa was a shareholder in Ascot Holdings PLC, owning 92,000 shares as of September 30, 2011.
Namal Rajapaksa is being investigated for money laundering after a civil society organisation called Voice Against Corruption filed a complaint with the FCID.
According to the complaint, a company owned by MP Namal Rajapaksa purchased shares in another company using funds obtained in violation of the Money Laundering Act. As a result, the Colombo Chief Magistrate ordered the freezing of several bank accounts related to the companies for further investigation.