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GK repayment plan: AG seeks time

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25 June 2015 06:23 am - 5     - {{hitsCtrl.values.hits}}

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The Attorney General today sought a further date to submit the government’s decision to repay 41 % of the deposited money of Golden Key (GK) depositors, when the fundamental rights petitions filed by depositors were taken up in the Supreme Court.

The Cabinet’s decision to repay the depositors’ money was not presented in court today as agreed during the previous hearing. Therefore, the AG sought a further date and hearing into the matter.

The case was postponed for July 7. (Lakmal Sooriyagoda)

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  Comments - 5

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  • Prem Nath Thursday, 25 June 2015 12:30 PM

    Pipe dreams.

    fernando Thursday, 25 June 2015 03:39 PM

    Can the media also report on what is happening with the Ceylinco Shiram issue.What I have heard is there is enough capital to repay all the monies owe to the depositors. Apart from either 3 or 4 payments of Rs 1,00,000.00 nothing has been paid out.There is a case related to this in Supreme Court as well. But very little information is sent out to the depositors and the media seems to have forgotten about this case.

    Katie Friday, 26 June 2015 09:26 AM

    Can the median also report of what is happening to Ceylinco Building Society [Now NATIONS BUILDING SOCIETY] their address is No 101 Galle Road Colombo 4 [situated at the top of De Vos Avenue from the gall road end - a blue 4 story building]

    Lalith Kothalawala Friday, 26 June 2015 10:44 AM

    There is saying1 Paid 2 Will be Paid -- Drag and by time3 Never PayLalith K and Wife and his Golayas and Golayess have benefited allotThe word used will be WILL BE PAID

    Nims Friday, 26 June 2015 11:10 AM

    Unfortunately no one is interested in Touchwood. The robber Malony and his wife Swarna are spending a super luxury life in Gold Coast thanks to Touchwood investors.


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