Did the Sri Lankan Economy Collapse due to
Embezzlement by the Ruling Rajapaksa Brothers?

Posted on July 27th, 2022

Sri Lanka News

An Analysis of the Pandora Papers and the Claims of International Consortium of Investigative Journalists (ICIJ) as well as the Anonymous Hacker Group.

The Present Crisis in Sri Lanka: 2022
• Sri Lankans revolted when the Sri Lankan economy defaulted in May 2022 for the first
time leading to severe fuel shortages, power-cuts etc.
• It was entirely blamed on the President Gotabaya Rajapaksa and PM Mahinda Rajapaksa
and other Rajapaksa family members (yes, there was evident nepotism!)
• Powerful media and social media campaigns developed against the Rajapakasa brothers
and provoked people
• Robbing the nation and sending their ill-gotten money to overseas tax havens was the
main allegation against the Rajapaksas. This was pointed as the main reason for the
economic collapse.
This allegation was almost entirely based on two lines of evidence: the International
Consortium of Investigative Journalists (ICIJ) who implicated the ruling Rajapaksa family
in the Pandora papers” and the Anonymous Hacker group that released details of the
wealth of the Rajapaksas.

However, is this allegation of embezzlement to the point of country’s economic
collapse true? Or is this a regime-change to oust the nationalist Rajapaksas by the West
as some analysts claim?

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Let’s Analyse the Claims of the Pandora Papers: Wealth of Nirupama & Thirukumar (Kumar) Nadesan Linked to Gotabaya and Mahinda R

Full Report


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