Sugar import firm co-owner ran transshipment ring:
Hunt for local business tycoon cum cocaine baron
Teams of CID and Narcotics sleuths are now hunting for little-known
business tycoon Selvarajah Jegatheeswaran, suspect co-conspirator in
last week’s billion-rupee cocaine detection, Sri Lanka’s single largest
ever drug bust.
At stake is the location of dozens more cargo containers believed to
have slipped through the Customs net into the country possibly carrying
more of the expensive illegal stimulant drug.
Police are also trying to ascertain the final destination of the
stock of cocaine since they believe that Colombo is only a transit point
for the illegal drug.
The man-hunt by the Police Narcotics Bureau and the Criminal
Investigation Department follows their detection of 80 kilograms of
cocaine inside a container carrying a consignment of sugar imported to
the country by the firm of which Jegatheeswaran is an owning partner
along with his brother Vasudevan.
Wing Commander (Retd) Ravi Jayasinghe, head of the Special Narcotics
Raids Unit of the Finance Ministry said told the Sunday Observer that
the Police have gathered information that Selvarajah Jegathesewaran, the
brother of Vasudevan, who has been arrested and detained by the Police,
is the partner of the sugar company which has been importing sugar to
Sri Lanka for decades.
Suspicion had arisen as Police gathered information that
Jegatheeswaran has purchased properties worth more than Rs.7 billion
during the past few months with the last property being purchased in
“The Police Narcotics Bureau believes that it can make a breakthrough
about the consignment after his arrest,” he said.
Investigators believe that such a big quantity of cocaine detected by
the Special Narcotics Raids Unit of the Finance Ministry, could not be
marketed in Sri Lanka since there is no such market for cocaine in Sri
Lanka as it is a highly expensive drug even in Western countries.
He said the wanted suspect, is now abroad and they are seeking
international support to arrest him.
Meanwhile, the Brazilian Embassy has also ensured Sri Lanka they will
conduct investigations from the other end by arresting the exporter of
this sugar stock.
“It has been confirmed that the sugar stock has been directly
transported to Sri Lanka from Brazil,” Jayasinghe said.