Bail granted but conditions violated

10 February 2012 04:51 pm - 1     - {{hitsCtrl.values.hits}}

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The counsel for the depositors of the Golden Key Credit Card Company complained to the Colombo High Court that the respondents had violated the bail conditions by failing to pay the Rs.40 million to the depositors as agreed by them before the Supreme Court as a condition of bail.

Counsel Sumudu Hettige made this disclosure to High Court Judge Sunil Rajapaksa during the inquiry into the Golden Key Credit Card Company allegedly for misappropriating  around  Rs.720 million in cash  invested in the  Credit Card Company by the depositors.

At the onset of the case Senior State Counsel Damith Totawatte filed a list of witnesses who were to give evidence for the prosecution.

Subsequently Counsel Sumudu Hettige appearing for the aggrieved parties made the disclosure about the non-payment of cash by the respondents to the depositors. President’s Counsel Jayantha Weerasinghe appearing for one of the accused objecting to Mr. Sumudu Hettige said the defendants had already paid Rs.1.2 million to the complainants. (TFT)

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  Comments - 1

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  • Nodrog Saturday, 11 February 2012 04:32 AM

    Is there no justice in this land? These people are not petty crooks but calculated swindlers who deserve to be locked up but still hold on to their personal assets and roam freely. This is the reason crimes of all sorts are so rampant because wrong-doers know they can get away without punishment.


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