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Chinese company says donated to Rajapaksa family foundation

Press Trust of India  |  Colombo 

A leading Chinese company today said it had made a donation to a private fund linked to former that was meant to build houses for the poor.

The (CICT) in a statement said that it paid nearly 20 million Sri Lankan rupees to Pushpa Foundation as part of its corporate social responsibility.

Pushpa is the wife of Basil Rajapaksa, Mahinda's younger brother, who was also his

The CICT admission to funding the foundation came amid reports that the Chinese had funded Rajapaksa's unsuccessful presidential reelection bid in 2015.

CICT did not say how many homes were to be built with the money, only saying it was meant to build houses for the poor.

Once funding is allocated, CICT believes that the funding so allocated would be utilised for the said projects by the receiving agencies without CICT having to play a supervisory role," it said.

A report, denied by the Rajapaksas, last month said that the Chinese had given them money. The report also accused of pushing into a debt trap.

The here said the debt traps were Western

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 12 2018. 21:30 IST
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