Daily NEWS Srilanka

After the sensational Central Bank bond auction to which Arjun Mahendra was connected Arjun Aloysius, Mahendran's son-in-law had given 2 units of super-luxury houses facing Galle Face Hotel for purposes of residence to the wife of former Finance Minister Ravi Karunanayaka which were bought on lease at a price of Rs. 73 lakhs and that after the lease they had bought it for a sum of Rs. 16.5 crores (1650 lakhs) yesterday (24), the owner of that building revealed with relevant

The said owner of that super-luxury housing company which is known as Monarch Residencies, Colombo 3 , Miss Anitha Wijeysuriya told that though Aloysius had advised her to destroy the relevant agreements before these matters were brought to light; that she did not do so. She had stated that initially it was Ravi Karunanayaka's wife Melarin Chiranthi Karunanayaka who came to meet her and then from a telephone call given by her, Arjun Joseph Aloysius came and discussed about this transaction with her after which the wife and daughter had come into occupation there and when the period of lease of 6 months was expiring it was requested to be extended for a further 2 months.

She had further confirmed by forwarding the relevant deeds and other documents in the presence of the Commission that those 2 super-luxury units were bought over from her for a figure of Rs. 165 million (Rs. 1650 lakhs) by Global Transportation and Logistic private company owned by Ravi Karunanayaka before that period expired.