Sri Lanka is in business again.
Raj Rajaratnam, the New York-based billionaire and hedge fund manager charged in an alleged insider trading scheme on Friday, was funding the Liberation Tigers of Tamil Eelam, which is considered a terrorist group by the US, the Sri Lankan government claimed on Sunday. Brigadier Udaya Nanayakkara, spokesman for the Sri Lankan defence ministry, told the Financial Times that the government had been monitoring Mr Rajaratnam for several years.
The expulsion of a U.N. official from Sri Lanka is final and he has to leave the country by September 21, the government has told the agency
The Sri Lankan government has ordered a UNICEF official to leave the country, accusing him of spreading propaganda supporting Tamil rebels, the agency — the United Nations Children’s Fund — told CNN Sunday. UNICEF denies the allegations against its spokesman in Sri Lanka, James Elder, an Australian citizen, and officials with the agency are scheduled to meet with government officials on Monday in hopes of keeping Elder inside the country, said Sarah Crowe, UNICEF spokeswoman for South Asia