Former Ceylinco boss, Lalith Kotelawela and other directors of the now defunct Golden Key Credit Card Co (GK) have been finally indicted in court after more than two and half years of legal procedures, CID investigations and audit inspections.
Charges were filed on Friday in the Colombo High Court for financial misappropriation, fraud and criminal breach of trust in connection with the Rs 26 billion GK fraud, the biggest white collar crime in Sri Lanka, Attorney General’s Department sources said. The AG has framed multiple charges against Kotelawala and former GK directors.
"Charges have been framed against Kotelawala, his wife Sicille and other former Golden Key directors with the completion of the auditing process and CID investigations, " a senior legal officer of the AG’s department said. "We are moving in the matter".
The CID says it has sufficient material for a prosecution. Ms. Sicille Kotelawala believed to be in Singapore, is evading arrest and is on the International Police (INTERPOL) wanted list.