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Kavan loses assets
2010-08-06 16:48:07
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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.

Comments - 12
bugger Friday, 6 August 2010 11:24
Better late than never.
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Indika Friday, 6 August 2010 11:31
Well done !!!
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MMS Friday, 6 August 2010 13:13
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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Shovini Saturday, 7 August 2010 03:45
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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Ranil Friday, 6 August 2010 15:57
+ The pace at which this investigation is moving suggests that the final outcome will be in another 10 years time.
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Faqi Friday, 6 August 2010 20:25
- I am amazed that your newspaper publishes comments from someone using the pseudonym "BUGGER."
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Wickrama Saturday, 7 August 2010 00:02
FREEDOM OF SPEECH, MY DEAR FAQI!!
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Geronimo Saturday, 7 August 2010 01:15
By the way, Faqi, your name doesn't sound comfortable either!!!
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Geronimo Saturday, 7 August 2010 01:08
Good show. For a moment I thought this guy will also escape justice
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marli Saturday, 7 August 2010 01:15
How do you know its not the name given to him by his parents?
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dickmon Saturday, 7 August 2010 02:32
get rid of all these fraudsters !!!
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Ranil Saturday, 7 August 2010 04:06
Hmmmm...A smart looking.......but yet a crook.
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