• Last Update 2024-07-02 13:56:00

Colombo High Court further remands Sicille Kotelawala

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Colombo High Court today rejected the bail application filed by Sicille Kotelawala , a suspect in the Golden Key Credit Card (GK) company  financial misappropriation case and ordered to further remand the accused till April 27.
Colombo High Court Judge Manilal Waidyatilleka rejected the bail as Mrs. Kotelawala, who was wanted in connection with the fraud running into Rs. 26 billion, was absconding since 2008, Counsel appearing for depositors said.   
Sicille Kotelawala, the wife of former Ceylinco Group Chairman Lalith Kotelawala, is the sixth accused of the Golden Key case.
In 2009, Sicille, her husband, former chairman of Ceylinco Group Lalith Kotelawala, and eight other directors were charged of misappropriating nearly Rs. 26 billion deposited in Golden Key Credit Card Company.
She was arrested earlier this month when she returned to the country after fleeing to England soon after the company collapsed in 2008.  The case will be take up again on April 27. (Bandula)

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