Aggrieved depositors of the failed Golden Key (GK) Co, which triggered many collapses across Sri Lanka’s finance company sector nearly two years back, will have to wait longer for their money despite reports this week that the formation of a new company could end their problems.
The Attorney General’s (AG) Department, 21 months after the Golden Key crisis exploded in December 2008, is now ready to indict former Ceylinco Chairman Lalith Kotelawala, his wife-on-the-run Sicille and other directors on charges of criminal misappropriation of funds, fraud and breach of trust in connection with the Rs 26 billion scam.
