Sale of Sajin’s Property Banned by Court

A land  sold  out ride  to a person  had been  mortgaged   to a bank  by  ex-MP SajinVaas Gunawardena.

The property purportedly belonging to SajinVaas, was mortgaged to the bank by a property development company after it was purchased for Rs 163 million.

The sale of a property, 309 perches in extent at Soysa Mawatha , Templars Road , Mt. Lavinia purchased by Asian Cotton Mills too was similarly prohibited by another Court Order.This land was mortgaged by Asian Cotton Mills to a bank after it was purchased . But this property had been sold outright according to a complaint received by the FCID which has launched a probe into the transaction.

Consequence  to  a request by the FCID , the Land Registrar had issued an order forbidding the transfer of the land under reference.

Followed by this, Mount Lavinia Magistrate Mohomed Shahabdeen issued an order yesterday prohibiting the sale of a property down Templar’s Road , Mt. Lavinia, that has been mortgaged to a bank and was put on sale by the bank to recover defaulted mortgage commitments.