Sham demo opposite Lake House

A group of people calling themselves depositors in a Ceylinco Group finance company shouted slogans against Lake House for reporting they were to be refunded their deposits but they are yet to receive the money. The protesters shouting slogans also alleged that Lake House newspapers had written untruth about their deposits.

There is absolutely no truth in these wild allegations. The Lake House Group of Newspapers reported the proceedings of the court cases about the Ceylinco Group transactions. At no instance were any comments added to the court reports.

Therefore the protest opposite Lake House by this group carrying banners and placards was uncalled for and probably meant to deceive the public that Lake House newspapers had any interest in the affairs of the finance company concerned or companies. It could also be a politically motivated move, as the same group was canvassing support to Sarath Fonseka during the Presidential election.

It is well known that a number of these depositors had deposited large sums of money due to the greed for earning higher interest rates offered to them. Some depositors had also possessed monies that could not be accounted for in the normal legitimate forms of earning and even could be black money.

They could avail themselves of the legal redress available to them through the judicial processes. Lake House newspapers would continue to report the proceedings of the courts faithfully without any prejudice.