header logo
Asia asset finance
Mogo Academy
Latest
Shocking claim made in court about Lalith Kotelawala’s death
Nov 09, 202305:01 PM
Shocking claim made in court about Lalith Kotelawala’s death

Deshamanya Lalith Kotelawala – the former chairman of Ceylinco Consolidated and the founding chairman of Seylan Bank who died last month – was confined to his house by a group of lawyers prior to his passing, the Supreme Court heard today (Nov. 09).

 

This was communicated to the Supreme Court bench by the president of Golden Key Depositors’ Association, Marco Perera.

 

A motion put forward in respect of a fundamental rights (FR) petition filed by the Golden Key depositors was taken up for hearing before Justices S. Thurairajah, Achala Vengappuli and Priyantha Fernando.

 

Perera told the judge bench that he had received reports of a group of lawyers keeping Mr. Kotelawala confined to his place prior to his death and sought an opportunity to present more submissions in this regard.

 

However, the judge bench ordered him to file a motion to obtain permission in advance to present submissions before the Supreme Court, as he had failed to do so today.

 

Subsequently, the next hearing of the FR petition was fixed for May 08, 2024.

 

Renowned Sri Lankan businessman Lalith Kotelawala passed away on October 21 at the age of 84. It was reported that he had been receiving treatment at a private hospital in Colombo at the time of his demise.

 

Golden Key Credit Card Company was once a leading financial institution specializing in credit card services and a subsidiary of Ceylinco Consolidated. In 2008, it was revealed that the outfit was involved in a lengthy embezzlement scheme since 1999 in which the depositors were scammed out of billions of rupees.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Lassana Flora