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DateLine Friday, 26 December 2008

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Ceylinco Chairman reassures investors

Golden Key Credit card company assured that all the money due to the depositors would will be paid back with interest soon.


Lalith Kotelawela

"We are not going to close the institution like Pramuka Bank or run away like Sakvithi Finance," Chairman Ceylinco Group Lalith Kotelawela said.

Speaking to depositors at a meeting at BMICH held yesterday, he said interest for the depositors will be paid from next February. He also pointed out that there have many people who had taken advances and if they stop functioning borrowers would get an advantage.

He assured that they had sealed some offices and the company needed time to take legal action.

Wasantha Marasinghe an entrepreneur from Matara who had invested in the company said he is now confident that justice would be served upon them.

Subsequent to the controversy the Chief Executive of Golden Key Khavan Perera was asked to resign from his position by the Ceylinco Group Chairman Lalith Kotelawela.

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