The Touchwood Stakeholders Association at a meeting last Friday were scheduled to discuss key issues including the Interpol warrant for the Maloney’s and attempt to manage their own properties collectively. The meeting came ahead of the May 21 winding up case on the Touchwood Investments in the Commercial High Court. During the late-evening meeting, the [...]

The Sundaytimes Sri Lanka

Touchwood investors meet again

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The Touchwood Stakeholders Association at a meeting last Friday were scheduled to discuss key issues including the Interpol warrant for the Maloney’s and attempt to manage their own properties collectively.

The meeting came ahead of the May 21 winding up case on the Touchwood Investments in the Commercial High Court.

During the late-evening meeting, the investors were to discuss obtaining a caviat (freeze order) for every land or deed and organize themselves as investors into a cooperative or company to maintain the properties.

The investors also plan to forward their complaints to the Criminal Investigation Department (CID) and push for an international warrant on Roscoe and Swarna Maloney.

In addition, discussions would be held on the work carried out with the Thailand organizers in terms of the Agar wood investments made by locals.

In a bid to approach and expand their investor base, newspaper advertisements would be made in the Sinhala and Tamil media as well for those investors duped by the Touchwood company to join the Touchwood Stakeholders Association, association officials said.

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