Investors want international warrant on Maloneys
Investors are to appeal to Sri Lankan authorities to issue an international arrest warrant on Touchwood’s former owners Roscoe and Swarna Maloney.
They are preparing to file a complaint on these lines with the Criminal Investigation Department by the end of the month, co-ordinator of the Touchwood Stakeholders Association and lawyer Lakshan Dias told the Business Times.
Depositors were also hoping to appeal to the Government, Central Bank and the Securities and Exchange Commission (SEC) to intervene to safeguard billions of rupees they have invested in Touchwood.
“Such actions will tarnish the image of Sri Lanka’s business community in the international scenario,” one depositor told the Business Times, adding that at the second stakeholders meeting held recently members were raising questions as to why the government hasn’t issued an international warrant against the husband and wife duo.
Dhammika Wijesiriwardena, one of the conveners of the group, said they wanted all affected investors to join their association to fight for their rights. The contact telephone numbers are – 0714534527, 0757119417.
According to its website, the company says it has 25,000 clients worldwide and 43 plantations spread throughout four countries. It describes its new CEO Lanka Kiwlegedera as “one of Sri Lanka’s most eminent personalities”.