Sri Lanka Watch
Thursday, 18 December 2014
Thursday, 18 December 2014 | Sri Lanka Watch
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Rs. 259 Million from Sicilia Kothalawala’s assets Seized PDF Print E-mail
Distraught Golden Key depositors have relief in sight as a Supreme Court directive yesterday implemented the first phase of the Golden Key (GK) repayment plan. Personal bank accounts of Lalith Kotelawala’s wife, Sicille Kotelawala with deposits amounting to Rs. 259 million are to be seized and transferred to the dedicated account maintained by Bank of Ceylon for the purpose of granting relief to GK depositors. The 3 judge bench headed by Justice Shirani Thilakawardane directed the Attorney General and the Central Bank to carry out the seizure after Attorney General Mohan Pieris informed the court that Mrs. Kotelawala maintains her personnel accounts with HSBC, Standard Chartered Bank and Nations Trust Bank.
 
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