In addition to MiG deal loss, will we have to pay compensation?

In addition to MiG deal loss, will we have to pay compensation?

9 December 2018 06:55 am

We reported earlier that the Interpol may have to revoke the red warrant issued for former Sri Lankan Ambassador to Russia Udayanaga Weeratunga, who had been accused of allegedly misappropriating a sum of USD 7.833 million out of the infamous MiG aircraft deal. It is reported that Sri Lanka may have to pay millions of rupees to Udayanga Weeratunga as compensation.

The Interpol had to revoke the above red warrant because the Financial Crimes Investigation Division (FCID) stated that there is no sufficient evidence to file a case against Udayanga Weeratunga.

Udayanga Weeratunga will be filing a case against the Interpol demanding compensation over issuing a red warrant against him unnecessarily.

The Interpol is reportedly preparing to demand that Sri Lanka pay a fine for obtaining a red warrant without sufficient evidence to file a case, and pay Udayanga’s compensation out of that money.

Ultimately, Sri Lanka now has to bear the astronomical loss suffered due to the infamous MiG aircraft deal, and in addition to that, pay millions of rupees to Udayanga as compensation.

SC