Last Updated : 30-08-2014 18:50

 

 
 

Kavan loses assets

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By S.S.Selvanayagam


The Supreme Court today directed the confiscation of assets of Golden Key Credit Card Ltd CEO Kavan Perera for the purpose of transferring the money to a special fund for depositors.

The Court also permitted the three-member Committee of Chartered Accountants to auction or sell Golden Key Hospital and Hotel Seasand and transfer the money to the Special Fund for the 2nd phase of payments to the depositors of Golden Key Credit Card Company Ltd.

The three-member Committee of Chartered Accountants had been appointed to examine the assets and liabilities of the Golden Key Credit Card Company Ltd and to prepare a scheme of the refund of security deposits of cardholders.


 
 

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Comments 

 
-8+38 # bugger 2010-08-06 16:54
Better late than never.
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-6+31 # Indika 2010-08-06 17:01
Well done !!!
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-10+32 # MMS 2010-08-06 18:43
How about the old FOX-Lalith and his wife hiding at Elibank rd.Come on guys make your decission fast before the depositers conk off.
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-13+7 # Shovini 2010-08-07 09:15
Hey MMS Lalith is a perfect gentleman and not a old fox. He is innocent and is victim of the the mismanagement of the company by the Heads of the Companies. He is not hiding but living in a house.
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-0+10 # Ranil 2010-08-06 21:27
+ The pace at which this investigation is moving suggests that the final outcome will be in another 10 years time.
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-10+4 # Faqi 2010-08-07 01:55
- I am amazed that your newspaper publishes comments from someone using the pseudonym "BUGGER."
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-2+4 # Wickrama 2010-08-07 05:32
FREEDOM OF SPEECH, MY DEAR FAQI!!
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-2+7 # Geronimo 2010-08-07 06:45
By the way, Faqi, your name doesn't sound comfortable either!!!
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-1+5 # Geronimo 2010-08-07 06:38
Good show. For a moment I thought this guy will also escape justice
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-0+4 # marli 2010-08-07 06:45
How do you know its not the name given to him by his parents?
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-1+3 # dickmon 2010-08-07 08:02
get rid of all these fraudsters !!!
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-2+4 # Ranil 2010-08-07 09:36
Hmmmm...A smart looking.......but yet a crook.
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Series win
Aren’t they tasty?
Chinese beauties visit Minneriya
CRAFTALIVE initiative
Series win
Aren’t they tasty?
Chinese beauties visit Minneriya
CRAFTALIVE initiative