Golden Key credit card case:
Notice issued on OIC, CCD
Colombo High Court Judge Deepali Wijesundara yesterday issued notice
on the Officer in Charge of the Commercial Crime Division of the
Criminal Investigation Department to appear before Court in connection
with the bail application filed by the Chairman of the Ceylinco
Consolidated Group of Companies.
Filing the bail application through Attorney Prasad W. Sirimane,
Lalith Kotelawela cited OIC of the Commercial Crime Division of the CID
M. Abeysinghe and the Attorney General as the respondents.
Kotelawela said in his application that the Golden Key Credit Card
Company, one of the companies of his group was established in 1977. Now
he was acting as the founder chairman. Kavan Perera became the Deputy
Chairman of the the Golden Key Credit Card Company in 1999. The
decisions with regard to the company were taken by him and the director
After November 2008 Kavan Perera requested money as there was a trend
to withdraw the deposits by the deposit holders from the Golden Key
Credit Card Company with the Sakvithi's scandal. Thereafter Rs 860
million was given to the company. But it was observed that there were a
large number of depositors at the gate of the company on December 15 to
When inquired of the full amount of the deposits of the company Kavan
Perera stated that it was around Rs 5.6 billion. But thereafter at a top
class executives' meeting on December 19 it was revealed the deposits of
the company amounted to Rs 26 billion or more.
According to the bail application at that stage it was revealed that
there was a misappropriation of the deposits of the Company and the case
was handed over to the CID on December 20, 2008 on the instructions of
Kotelawela and a case was filed at the Mount Lavinia Magistrate Court. A
list of the assets of Golden Key Company and connected companies were
submitted to the Attorney General's Department.
The company was ready to settle the deposits of the deposit holders
after establishing a trust and transferring the assets to the said
Kotelawela in the application further said that he had been granted a
surety bail of Rs 2.5 million but later he was remanded on February 23
by the Mount Lavinia Magistrate without a request by the Attorney
He further stated that he was a heart and diabetic patient. He prayed
before the Court to grant him bail considering all these grounds.