‘Open to assist in the framework of treaties’ – Seychelles govt on SL investigations

‘Open to assist in the framework of treaties’ – Seychelles govt on SL investigations

‘Open to assist in the framework of treaties’ – Seychelles govt on SL investigations

Written by Lahiru Fernando

23 Jan, 2015 | 7:48 pm

The Seychelles Government has reiterated that Seychelles has nothing to hide. The Seychelles Government has also stated that if the Sri Lankan Government undertakes an investigation, the Seychelles government is open to assist in the framework of treaties that are in force between the two countries.

The Seychelles Ministry of External Affairs made this statement in response to allegations about speculation concerning assets held in Seychelles by the former President of Sri Lanka.

The Seychelles Minister of Foreign Affairs, Jean-Paul Adam, has emphasised that the partnership between the two countries is one which goes ‘beyond politics.’

“If the Sri Lankan Government undertakes an investigation, the Seychelles government is open to assist in the framework of treaties that are in force”

– Jean-Paul Adam
Seychelles Foreign Minister

The Minister stated that Seychelles had confidence that agreements that exist between the two countries as well as their partnership in multilateral initiatives tackling possible financial crimes could be used to address any concerns.

“We refute the baseless accusation..that “Seychelles is known to be a safe haven for stolen assets and a money laundering hub”

– Jean-Paul Adam
Seychelles Foreign Minister

He stressed that the Government of Seychelles is willing to co-operate to pursue any investigations in regards to these allegations especially since any Sri Lankan investments can be verified under the Double Taxation Avoidance Agreement signed between the two countries.

The Minister has also reportedly written to his counterpart at the Ministry of External Affairs of Sri Lanka expressing concern at the unfounded allegations levelled against the financial services sector of the Republic of Seychelles in the Sri Lankan media.

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