Wednesday, October 8, 2008

Supreme Court Ordered To Return Waters Edge Land To UDA-Chandrika and Ronnie To Pay Compensation

Supreme Court yesterday(08) ordered to return the 224 Acres of Hotel Waters Edge Land in Battaramulla to the Urban Development Authority within a Month.Court also Ordered Former President Chandrika Bandaranayaka Kumaratunga to pay Rs.3 Million and Business Tycoon Ronnie Pieris to pay Rs.2 Million as compensation to the government for involved in this Illegal Land deal.Also ordered three others to pay Rs.1 million each.The disputed Land which is belong to the Urban Development Authority was sold to the Asia Capital Holding to built a Hotel when former President was in power.The land will be use for relocating government offices.

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