Ceylinco Director Board ordered to submit report on assets
Suranjith Perera Dehiwala Mt. Lavinia group corr.
Mount Lavinia Chief Magistrate Harsha Setunge yesterday ordered the
Board of Directors of Ceylinco Group to submit a detailed report about
the Group's clear assets to the Attorney Generals' Department on Monday.
He also ordered them to discuss and submit a methodology for repaying
the money due to the depositors of the Golden Key Credit Company and
submit it to Court on February 13. The Chief Magistrate issued this
order when the case regarding the Golden Key Credit Company's Rs. 26
billion financial scam came up for hearing yesterday.
Chief Magistrate Harsha Setunge also further remanded Michael Carvan
Perera, Sarada Sumanasekara, Manoj Chaminda Jayalath and M.M. Tuan the
second, sixth, 15th and 16th suspects remanded in this connection.
Refusing the appeal for bail made on behalf of the suspects, the
Chief Magistrate said it could not be possible until money due to
depositors were repaid.
There were additional complaints made against the Ceylinco Board of
Directors by aggrieved parties and the Chief Magistrate said all those
cases too would be called on February 13.
He also ordered the third respondent Sicille Kotelawala to be present
in Court on the next date.
Deputy Solicitor General Sanath Jayamaha appeared for the aggrieved
parties in the case.