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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2585

LTTE in Paris closing down businesses and illegally transferring moneys into Switzerland

Paris, 07 November, (Asiantribune.com): Liberation Tigers of Tamil Eelam, a banned Tamil rebel outfit is making secret moves either to close down all its existing business concerns in France or to slim them down.

Also it is learnt that the LTTE is making secret moves to transfer all the moneys they have in various bank accounts in Paris by withdrawing them gradually in small amounts without creating suspicion to the authorities.

Earlier, Vinayagamoorthy alias Thongal an LTTE stalwart and Trustee of the Paris based Amman Hindu Temple was arrested on 01 October, at the French - Swiss boarder with vehicle load of currency amounting Euro 20 million belonging to the Tamil Tigers.

Authoritative sources revealed that subsequent to the arrest of Vinayagamoorthy with Euro 20 million cash in currencies, Swiss Federal Police informed French Police about the arrest.
Following the information about LTTE’s money laundering activities, it is learnt that French Police has launched investigations against the unlawful activities of the Sri Lanka’s Tamil separatist’s outfit which is being banned in France, one of the leading member of the European Union.

Reports revealed that, unlike in other countries in Europe, Tamil Diasporas in France, especially in Paris, have made numerous complaints against LTTE to the authorities in Paris of threats, intimidations, harassments and forceful money collections by the Tamil rebel outfit.

Many leading business concerns presently owned by the LTTE in Paris were forcefully acquired under threat and duress from the innocent Tamil civilians without making any payment for such acquisitions.

Fearing that French police might go in for the confiscation of their business concerns as well as freeze all accounts in the banks, LTTE is very busy transferring their assets in Paris into Switzerland legally as well as illegally, which is not a member of the European Union.

According to available reports, one of LTTE’s leading business concern ‘Lune International’ – a video shop involved in the import of South Indian Tamil films and distribution in Europe. According to a conservative assessment, this venture alone yields Euro Dollar 100,000 as monthly profit.

Many of LTTE’s business activities are located in Paris 13 – La Chappel, which is also called - "Little Jaffna."

In la Chappel, LTTE runs a huge whole sale retail grocery shop. Other than that, they have Lune Technology for the sale of computers, spare parts and soft wares, Tamil Achchakam – a printing press and also publish Eelamurasu – a free Tamil weekly.

A resident in Paris told "Asian Tribune" that LTTE in Paris is involved in all sorts of businesses except barber saloon.

- Asian Tribune -

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