Sri Lanka must probe Pandora Papers revelations

(FASTNEWS | COLOMBO) – Transparency International Sri Lanka has called on Sri Lankan authorities to ensure that independent investigations are carried out expeditiously into revelations made through the Pandora Papers.

Issuing a statement, Transparency International Sri Lanka said this would entail allowing law enforcement authorities and the judiciary to pursue and complete existing pending investigations pertaining to the implicated persons without interference.

The statement said, the secret dealings of world leaders as well as public officials have been laid bare before the world through the Pandora Papers.

The organisation added the exposé also provides clear evidence of how the offshore industry promotes corruption and emphasises the importance of maintaining open beneficial ownership registers, including in Sri Lanka.

Transparency International reiterated that it is imperative for Sri Lanka to domestically carry out a comprehensive investigation to determine if any wealth identified in the Pandora Papers emanates from the abuse of Sri Lanka’s public resources.