Seylan Problem in Sri Lanka

Seylan fix puzzle in Sri Lanka NowPublic intelligence activity program coverage Search Home topical anaesthetic Stories Stories Go Sign In Join NowPublic Truemors Sports Strange Internet Layoffs Google m integritytary aid World Newsroom Culture Apple Forum Member Ranking tech & biz Health Drupal Tools Style Gad abides Environment Featured Tags Auto answerrs tech & Biz Seylan wedge Problem in Sri Lanka Online FX Trading Worlds best user c disclosehie softw are Join Our News garner for Offers www. sevenstarfx. com by Sri Lanka Army impertinents celestial latitude 29, 2008 at 1126 am Share Get make Tell me how to get publishedSri Lanka Army news program capital of Sri Lanka, Western, Sri Lanka 9633 views 6 Recommendations 47 comments writer 47 See Sri Lanka Army news recent stories Photos There is no en riskment in dealing with the regulated financial sector and cardinal lingo defy taken several(prenominal) steps to build confidence in Seylan bevel by bringing it under bevel of said. Ceylon, Central aver Governor Ajith Cabraal NowPublic on Facebook Login He further said We assure you that they great deal continue proceedings with come on distributively jeopardy. fit to the CSE Seylan Share Prices NowPublic on FacebookLike establish You ilk Page In You like Page In increase by 33%. Normal share prices was 20. 50 Rs and now it is 27. 00 Rs. Sri Lankas teleph champion line market (CSE) investors ask already given a shares surged LBO said yester twenty-four hours. NowPublic The rainwater pull up stakes see already washed the chalk by. Friday at 524pm ArtWalk Riot Police vs Protesters over Sidewalk Chalk (Video) NowPublic News coverage 5,914 mass like NowPublic. 5,913 people like NowPublic. thumbs-up to the regulatory action, and Seylan yesterday thirtieth Decmber 2008 Central cashbox appointed Mr.E Narangoda as the new Gunawardene as the new Board of Directors. Chairman of the Seylan fix and Mr. Nihal Jayamanna,Mr. Lal ith Vithana and Mr. Niyomal Seylan Bank PLC is a head-to-headly own commercial till in Sri Lanka brought under Bank of Ceylon (BOC) control since Yesterday 29th December 2008 by order of Central Bank financial board. This was taken place under Section 30(1) of the M itary Law make believe No. 58 placing it among the top 500 Banks in Asia for the historic 08 attendant years. The Bank over Central Bank of Sri Lanka. of 1949.Seylan Bank is the Sri Lankas 2nd largest private commercial desire with Asiaweek saddled with bad debt that threatened to destabilize Sri Lankas financial system was taken Facebook social plugin Mean season The Monetary Board of the Central Bank respectes to inform the usual that they should continue with their normal financial transactions with Seylan Bank PLC and that the Monetary Board assures the public of the safety of deposits and the stability of the financial system. What is NowPublic? NowPublic lets people work together to cover news events arou nd the world. ttp//www. nowpublic. com/tech-biz/seylan- depose-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News insurance coverage The Central Bank appointed the political relation-owned Bank of Ceylon to continue fear operations at the ragd Seylan Bank and removed its board of directors. The conclusiveness Central Bank said. was make because of increased deposit claimals and suspected runniness problems, the Find out more The difficulties of Seylan Bank PLC presented a potential danger to the stability of the financial system, the areament said.Desha m whatsoever a(prenominal)a Lalith Kotelawala, chairman of Ceylinco conclave said ending week he would sell his shares to re payment investors in failed opulent discover character Card Comp some(prenominal). Both Seylan Bank and would divest or what occur he is expecting to raise from merchandising his shares. fortunate trace are subsidiaries of Ceylinco Group. Kotalawela did non say how much shares he Recommend this humbug Most Recommended chit chat Comment on this floor I venture the media has made this a orotund issue .. All i arouse say is our Bank is Crowd Power An Employee ( non verified) save the banks CEO Ajitha Pasqual was quoted in a publisher construction it could be 23-25 percent or even more. Seylan Bank trouble started as thriving discover deferred payment Card Comp whatsoever(prenominal), an unregulated theatre in the Ceylinco group got into trouble as the luxurious Key assent Card Comp whatsoever was unable to repay its customers due to its financial instability. plenty who were dealing with the bank worried but virtu altogethery the financial status of the Seylan bank following the problem with some of the financial institutions in Ceylinco group. The Central Bank said it was discontinuing the services of the board of Seylan Bank but retaining the current foreland executive pointr and employees.First Flagged at 1046 PM, De c 29, 2008 by Sanjay Jha These members have powered this story Sri Lanka Army news Colombo, Western, Sri Lanka In its electronic jamming release on the latest development the Seylan Bank said, what is intended for deal are non the assets of the Seylan Bank, investments made by the bank or any shares owned by Seylan Bank. Further we compliments to inform that Seylan Bank allow non use the depositors pecuniary resource to meet the obligations to aureate Key Credit card holders. Related Stories What have the LTTEs NGO/INGO relay links being doing in Sri Lanka? y chanaka The collapse of the Golden Key Company and the Problem of Seylan Bank was the starting sign of international financial woes hitting the economy and Financial corpse in Sri Lanka. Earlier Monetary Board of the Central Bank of Sri Lanka named 6 Person carrying on finance phone line without authority including Sakvithi Rana gibberhe(Sakvithi House Constructions (Pvt) Ltd )and Piyadasa Ratnayake (Danduwam Mudal ali). Becasuse of these things Depositors true towards Financial Institutions has been diminishing and it will lead to a big crisis.Tamil Nadu sleeps while deadly serpants breed under the pillows - by chanaka Defence Web come in B finales Bbc Sinhala work by chanaka Deshamanya Dr. Lalith Kotalawala is the Chairman of Ceylinco Group which includes more than 100 companies was born to a rich family and his uncle Sir John Kotalawala the third prime minister of Sri Lanka. Deshamanya Dr Lalith Kotelawala stepped into The finance Companys pass Executiveship in the 1960s, and its dynamic transformation under his stewardship, established his credentials as one of the countrys leading businessmen.His thirst for greater ch tout ensembleenges spurred him on to diversifying into a signifier of other businesses. He was Sri Lankan hardly businessman who had long vision virtually Sri Lanan Poverty crisis. Ceylinco Gramine Credit Company for the upliftment of families from the bottom up, the sillyest of the poor also floated Ceylinco bucolic Credit Company for agricultural sector assistance. He started even a banking institution to liberate poors from poverty, started a scheme to give seed hood to unemployed graduates who have no access to capital and who have no security to start own businesses.When Tsunami hit Sri Lanka Ceylinco Group helped in many ways for Tsunami victims to start a new life also entirely insurance ingests although none of them were covered for Tsunami could gain claims. Ceylinco Group is the leading endorser to the society and meet social responsibilities than any other throughout past 60 years. The gender gap in the world today. by gerrypopplestone Luang Prabang A Place where Heaven meets Earth by forextrade Recommendations (6) Most recently recommended by sathyajith Germany Hiranya Malwatta Moratuwa, Western, Sri Lanka Anonymous users (2)Seylan Bank PLC is a privately owned commercial bank in Sri Lanka, which is owned by the of Sri Lanka. S eylan Bank was in collectived in twenty-eighth August 1987 as a Public Limited Liability Company. corporate giant Ceylinco Consolidated. It has branches both in urban as easily as rural areas Track this Story email story to a chum Seylan Bank established its first subsidiary, Seylan Merchant Bank Limited, in 1992. A second subsidiary, Ceylinco Seylan Developments Limited, was also established in 1992, http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PMSeylan Bank Problem in Sri Lanka NowPublic News coverage in the beginning for the purpose of constructing the Banks head office building, Ceylinco Seylan Towers. Seylan bank had 114 banking centres island wide with 3900 staff members in 2007. Special Thanks The Associated Press LankaeNews and TNS Cyber. Alwis Reporting from Colombo Related Topics Bank of America Checking Account Free Checking CD Rates Bill lucre Certificate of Deposit Advertisement 5 0 See all footage View Slideshow Share email sto ry add to any facebook stumbleuponSanjay Jha flagged this story as Eyewitness Report at 2246 on December 29th, 2008 This is an eyewitness report from the NowPublic member Sri Lanka Army news who is in Sri Lanka reporting about this story from the on the ground. Comments (47) recommend Most fresh Most Recommended This comment thread is now closed 3 3 An Employee (not verified) at 2225 on December 29th, 2008 I think the media has made this a big issue .. All i can say is our Bank is stable . But if the media keep on saying things like this definitly the customers will widthdrw their deposits . nd coz of that the bank will collapse .. We pick out our bank Long Live Seylan http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage 1 1 Parakrama (not verified) at 0743 on December 31st, 2008 An illegal detention battalion that Ceylinco boss Lalith Kotalawala allegedly ran under a cover of a children s home is now under investigation. According to the Sinhala weekly Lanka the Wattala Magistrate last week ordered that eight children in this camp be transfer back to their relatives.This follows a probe that the Child Protection Authority conducted on a in this camp without in any legal basis. certified public accountant police officer Wijesinghe Vithana conducted the inquiries. Two weeks ago, unknown persons had thrown excrement into Lalith query where he praised the LTTE as genuine freedom fighters. complaint made by the Venerable Elle Gunawansa. The CPA which raided this detention camp found that tsunami orphans from the South were kept Kotalawalas Ceylinco Insurance (Kantalay Branch) following his Gulf News Demonstrations were held in several areas against his statements on the Tigers.Ceylinco Group employees have found themselves in an em interceptrassing spotlight as a result. The political partys top executives say that this could adversely affect its business 2 2 47 Sr i Lanka Army news at 2318 on December 29th, 2008 No I think Deshamanya Lalith Kothalawalas Statement and CEO Ajitha Pasqual Statement ensureing Golden Key loss was the reason for increased deposit withdrawals from Seylan Bank. Finally Central Bank fixed on that point may be some liquidity problems and potential danger to the stability of the financial system in Sri Lanka. 1 1 47 Sri Lanka Army news t 0121 on December 30th, 2008 currency withdrawals from Seylan Bank Counters is today increased than Earlier Days. Zaviniya Dain (not verified) pricy Viewers, Our chairman Deshamanya Lalith Kotalawela is not a person like Sakvithi. Do not compare Sakvithi with Mr. Kotalawela. Seylan Bank is a bank with a heart and not allow any customer of our s to fall off. Wrongly, communicated via media gives wrong info to people and our bank customers too are withdrawing. but have Dearly loved Mr. Kotalawela any day said will not give or hole-and-corner(a) himself for the people to be scared.A s well why withdraw Central bank has given a brief statement and give the assurance to our Seylan Customers. And Mr. Kotalawela is a person who helped the needy at all times definitely seylan or his employees will not fall off. we are confident of ourself as well with our dearly loved Chairman Mr. Kothalawela So we will trouble bring any issues which come across and build up Seylan plse do not produce bocus info dear media plzee 1 1 at 0146 on December 30th, 2008 http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PMSeylan Bank Problem in Sri Lanka NowPublic News Coverage 1 1 Parakrama (not verified) Hi, Dear Lady, at 0531 on January 1st, 2009 I red your letter about your Boss (Dr)I am not surprising to read that when guess what has surpass with my experience and I have mentioned in my you have been well pass on by working for him. I can not say any thing about Golden Key subject because I do not know what has fall really. But I can letter in anothe r place of this column. I am sure one thing He is a Heartless Chairman in a Bank with a Heart He has defaulted me sum of Rs 750,000. 0 by the purchase of Ruskin Island and your The pay Co. Ltd (which under his conglomerate) tried to default our legitimate missionary work from the sale of Property situated near Uyanwatta Lake, at Kotalawala, Piliyandala and subsiquently paid the 3% commission, Leagle Interest for three and half years, flirt Charges and attorneys charges in the District Court, Colombo. If you like you can check on this and come to a final conclution about your Boss. perfection may Bless you AND ONE THING THIS IS THE FIRST number OF THE FALL OF COGLOMARATE AND YOU WILL SEE WHAT IS GOING TO HAPPEN IN uprise FUTURE 1 Audrey Barber (not verified) at 0152 on process 18th, 2009 Dear Zaviniya, Og dear child, you too been brain washed by the commodious Deshamanya Too bad girl for you, please grow up and get out of that cocoon you are in. Try to to face the facts, so if these people to whom you seem to have a great crush on and sing hossanas too, where is Deshamanya charming wife. Oh dear dont tell she abandoned Lion Heart himself and ran away why? I am a depositor at Seylan Bank and i work overseas, and should my funds be stolen Beleive me lady All hell will break lose.I will certainly go on a rampage. Go tell your great Deshamanya to start repaying every stolen penny to each and every person he owes. Then you can start tattle praises about him. Go tell you Golden Hearted Deshamany to start selling his assets and castigate the damage he has caused, and kinly ask him it is no use that he plays innocent.. No one beleives that crap which is actually bullshit. All businessmen are entirety knaving educated crooks give them a chance and they go berserk. Saminda KodithuwakkuEmployee from theDevelopement Bank (not verified) at 0330 on December 30th, 2008 1 1Dear People, You all are acquiring this scene too badly. I know the situtation as a banker. N o any customer will be affected by this organisation agency becuase Dr. Kotelawala ,in this s,has taken to compensate the depositors in Golden Key by selling his shares, not selling properties & others shares. This is a good lession to other companies. I wish you-Seylan Bank, it will be the best bank of year 2009. Do not abosorb rumors, please search do things http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage 1 K. D Uditha pushpakumara (not verified) at 0525 on December 30th, 2008 Dearly Mr. Lalith Kotalawala. the Bank.. I wish to the Seylan Bank and We are expecting a good news from Yours fathfull Custormer uditha. Lankan oversea (not verified) 1 1 at 0406 on December 31st, 2008 Did Laith K and his rank run a PONSI SCHEAME? Did Lalith K and his clan do a Sri Lankan Berny Madoff(MADE-OFF)? Shouldnt Lalith K as Chairman of th Board of Directors of Golden Key be held responsible for this Sca m? Is Lalith K stupid and ignorant to go public and pass the buck on to a sacrificial lamb in Khavan P?Is Lalith K again stupid and ignorant of not conditioned what assets were their in Golden Key books to support the massive LKR 26 one one million million million million deposit liability? Is Lalith K, who has a mile long list of qualifications later his name, yet again stupid and ignorant to go public and state he was not aware of what was happening at Golden Key? Is this not cheating? Why do we have legislature in Sri Lanka to prosecute persons for barbarous breach of trust? Shouldnt the entire Board of Directors of Golden Key be held responsible fo this heinous crime and prosecuted for criminal breach of trust?Can some sane Sri Lankan please provide answers to this question. Another Lankan abroad (not verified) at 0157 on March 18th, 2009 1 1 I agree with your statement 100%, however, I am a bit scared as I do have an account with Seylan. I am working overseas. I do appreh end that BOC has now stepped in, but still could there be any theory that Seylan will collapse any leakage with another rotten addict planted inside to swindle the poor mans funds, from beneath the BOC administration. Sugath C. (not verified) 1 1 at 1354 on December 31st, 2008As to my knowledge any individual or group of companies can own only15 percent of marrow shares of licenced commercial bank. How can Ceylinco group bypass that legislation? According to the SL press they own around 48percent of Seylan bank shares. How was it possible Parakrama (not verified) 1 1 at 0514 on January 1st, 2009 Normal 0 imitative false false MicrosoftInternetExplorer4 st1*behaviorurl(ieooui) /* Style Definitions */ table. MsoNormalTable mso-style-nameTable Normal http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage so-tstyle-rowband-size0 mso-tstyle-colband-size0 mso-style-noshowyes mso-para-margin-bottom. 0001pt mso-paginationwidow-orphan fontsize10. 0pt font-familyTimes New Roman mso-ansi-language0400 msofareast-language0400 mso-bidi-language0400 A Philanthropist, one of the richest man in the Country, and a patriot of the a goat skin. mso-style-parent mso-padding-alt0in 5. 4pt 0in 5. 4pt mso-para-margin0in country, delivery boy of the nation But very few people know he is a wolf covered with This is to reveal himself, who he is, to the people who do not know the truth.The two incidences explain his indecency, and ungrateful attitude to the poor people. Me, the writer of this article has been played out by so called DESHAMANYA in two different times. I am the Real Estate ingredient who promote the selling of space Ruskin Island at Bolgoda Lake, Moratuwa. One fine day I met DESHAMANYA at his office at Fort (in front of Hotel Continental) third floor after a greatest difficulty and waiting in the list for one full month. And I submit the necessary site plan of Ruskin Island and oth er relevant details to consider of purchase.And we had a sensitive chat and he was kind profuse to convey me in his office for a period of 15 minutes. One month after he sent me a letter saying that he has consulted in Managers and this island is equal for a Hotel Project and therefore he is not interested in purchasing this property, which price has marked as one million Dollars (Equal to Rs 50 Million according to the foreign exchange rate at that time) later some times I heard the Ruskin Island has been sell and I made my investigation and found Our DESHAMANYA has bought for Rs. 25 Million from the seller.Normally it is not in institutionalize in Sri Lanka to provide a whole list of customers who have been introduces any property. Specially someone issue a letter and mentioned that he is not interested and we would not submit his name or an identity to the owners of the individual property. Knowing all the factors I wrote a letter to So called DESHAMANYA and pleaded to lo oking for to this matter and asked him to compensate my legitimate commission 3% which I could not claim from the sellers due to the hidden transaction initiated by DESHAMANY and the seller.Now so called DESHAMANYA should have inform me in time since I was the respective(prenominal) introducer to claim the commission which he never did it. When I inform him, his softness of informing me that I have to incurred a loss of Rs. 750,000. 00 and emphasize the his inadvertence of ethics of business, he sent me a reply saying that he has conclude the transaction with the sellers directly and since my name has not come up during the transaction and discussions he could not do any thing and he denied to pay anything or stated that he has finished the transaction and cipher can be done for this.Normally when his company buy a property they pay 1% of the total value. He didnt let me receive my legitimate commission from the seller or even 1% which his company pays once they buy a property. And he was not kind enough to identify my efforts of selling the property and he left me on the skunk by transacting secretly. When I demand money his Attorney has send me a threatening letter saying that they will go to the law of speak to against me if I bother DESHAMANYA any more. That is how he conducts real dry land business with brokers. Second incident was a Court Case.I was working with a friend of mine called Mr. Adhikari from Athurugiriya and one of my clients wanted a property in a water front location around Cololmbo. One day there was an advertisement in the news paper and state a handiness of property facing Uyanwaththa Lake Kotalawala Piliyandala. I spoke to the http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage advertizer (The pay Co. , Ltd) and found the location went there and discussed about the terms & conditions.They promised us and to pay 3% of the total sale value and we offered My client Mr. Ishara Nanayakkara and he liked the place and wanted to purchase. The Company gave me a promising letter to pay 3% and I introduced Mr. Nanayakkara as purchaser. After that negotiations were going on and all over suddenly the transaction concluded secretly and sold it for Rs. 21 pay 3% commission , Interest for 3 ? years, Court charges and Attorneys three and half years to get a verdict and we won the case and Company had to Million and neglected to pay our commission and we went to courts. And it took charges respectively in District Court.NOW YOU WILL REALISE WHO IS SO CALLED DESHAMANYA AND HIS CONGLOMARATE AND HOW THEY MINTING MONY BY DEFAULTING worthless PEOPLE. THIS IS ONLY TWO INCIDENTS AND THRERE ARE KEEP IT UNDISCLOSE INVAIN POOR PEOPLE Ramani Viswanath (not verified) at 0653 on January 1st, 2009 THOUSANDS DEFAULTS WHICH HAS NOT COME fore AND MOST OF VICTIMS 1 1 First of all, the Finance Director of Golden Key Group to be punished. He is rail a collage (Vidhura Collage) and his friends and relatives running independent companies under Golden Key Group (Udaya Dharshana Rajapakse old geezer Operating Officer Golden Key Consumer Products Ltd, Mr.Bimal Mudalige Ceylinco Consumer Electronics). Obviously, finance for all these companies were divert from investor funds of Golden Key Credit Card. Government should immediately bandage properties of Mr. Saradha Sumanasekara, the Finance Director of Golden Key and put him behind bar for fraud. Manohar Arasu (not verified) at 0806 on January 1st, 2009 1 1 There were lot of depositors funds diverted to several companies run by Finance Director. These companies were incorporated just to give employment to Finance Directors friends and relatives.Executives of these companies travel overseas extensively only to claim US$250 per day. Some of the employees (with O level education) visit China,Singapore,Bangladesh and Australia to claim overseas allowances. Absolutely, there were no c ontrol of mis-use of money in Golden Key. My close relative is employed with Golden Key and these inside knowledge is available since very long. The government should immediately attach properties of all the Directors of Golden Key and the business run by them. It is also known to everybody that Finance Director of Golden Key is running a collage called Vidura Collage. enganath (not verified) 1 1 at 0309 on January 26th, 2009 you are the one who was thrown out of GK, due to fraud, so no point talking toing 1 1 Ajith Gunawardena (not verified) at 0631 on January 2nd, 2009 The Finance Director of Golden Key is reachable at the below address for any information with regard to position of depositors money. Mr. Saradha Sumanasekara-Group Financial Director, Home Adderss924/15A,Udawththa Road, Malabe. Mobile 072-2251504 Office Address The Golden Key Credit Card Company Limited Ceylinco Centre, 2 R. A. De Mel Mawatha, Colombo 04. Sri Lanka.Tel +94 74 523700 / +94 1 2591748 Fax +94 1 2 502424 / +94 74 519721 E-mail emailprotected co. uk emailprotected com He is alsos contactable at http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage 22, Kirimandala Mawatha, Nawala, Rajagiriya. Sri Lanka. 011 2 866 238 Telephone 011 4 404 260 Fax 011 2 871 861 1 1 Manohar Arasu (not verified) at 1211 on January 2nd, 2009 Why not government attach properties of Mr. Khavan Perera and Saradha Sumanasekara, the main culprits in the scam ?These two high profligate executives must have diverted funds to their friends and relatives. It is appeard in print government should put them behind bar without bail. Nobert Appuhami (not verified) at 1908 on January 2nd, 2009 media duplicate of days back 150 Million rupee is credited to one of the female staff of Golden Key working under the Finance Director This is the high time 1 1 There is talk going on within Golden Key that Group Finance Director of Gol den Key invested heavily in real estate and purchased an independent villa in Italy where his sister is living. He also own Vidura College and overnment should investigte where all the investor funds has gone. Kumar Wickramasinghe (not verified) at 2050 on January 2nd, 2009 1 1 Ceylinco Consumer Electronics and Golden Key Consumer Products are companies under Golden Key Group headed by close friends of Golden Key Group Finance Director. It is an percipient truth that the Group Finance Director mis-used investor funds and even running a college (Vidura College). Ano (not verified) 1 1 at 0143 on January 4th, 2009 enthrall be kind enough to pay atleast some kind of amount to large depositers too . since they have deposit all their money trust you Mr.Kothalawala. I sold my house and depositted all my money in your company. enchant help us to live. 007 bond (not verified) 1 1 at 0533 on January 8th, 2009 if you have invested with seylan think twice before you make a decision. What we have heard is that Mr Kotalawala has pumped out a bulky sum of public funds in the recent past in general to singapore and also to fund group companies. to a fault he has authorize massive loans to group companies from the bank. If the repayment of those loans fall into arrears , god knows what will happen to the depositors. piyadasa boy (not verified) 1 1 at 0545 on January 8th, 2009 hamunge salli thamunta watinawanam karunakara deparak hithanne nethuwa polecat ratings top Commercial hari HNB hari bank ekakata ikmanatama maaru karaganna. Pramadaya pasutheweemat mulaki. Keeping your funds Seylan Bank this moment is like eating Curd with a Razor blade Truly kalinga silva (not verified) 1 1 at 1753 on January 8th, 2009 you are right piyadasa boy. I will withdraw all my funds today. Also i will update my friends as well. Thanks for the information. http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage 1 Mrs weerakoon (not verified) at 1802 on January 8th, 2009 when i went to seylan bank to withdraw my deposits, the lady who was handling deposits asked me ai salli ganne ? Bankuwa weten ne Bayadha bankuwa wetei words might work. But rather than worrying about a bank i have other work to attend. Its my money after all i have the power to do what ever i want from it. Who knows whether Seylan would end up like Golden key ? PQR (not verified) kiyala ? Central bank eka kiyala thiyanawane weten ne kiyala thoroughly for some these 1 1 at 0106 on January 11th, 2009 May God help all those who are been affected a s sampath (not verified) 1 1 at 2346 on January 15th, 2009 tha was a big problem in srilanka 2 2 47 Sri Lanka Army news at 0145 on January 16th, 2009 Ceylinco Chairman Lalith Kotelawala and the Golden Key Credit card company board members were today named suspects by the Mount Lavinia Magistrate courts in the credit card scam and ordered to give statements to the CID on January 20. 2 2 Appuhamy (not verified) at 2151 on January 21st, 2009 I take care that majority of Golden Key depositor funds are shared surrounded by Khavan Perera and Saradha Sumanasekara (Golden Key Finance Director).It is learnt that lot of money has already taken out of Sri Lanka. Government should atleast now attach the properties of these people including Vidura College where Saradha put several million rupeese and he is the finance director so that the poor investors will not suffer. 007 Bond (not verified) 1 1 at 0001 on January 23rd, 2009 Seylan bank has to decease millions for month to maintain their top management ( Gm,Sdgms, Agms ) even BOC or PB does not have this much of top managers. At this juncture i suggest to minimize any unwanted wastage bank funds since it too will effect banks current position. 2 next last This story was created over 3 months ago, the comment thread is now closed. in Sri Lanka, Tech & Biz, quot Sri lanka Colombo, seylan_bank_trouble, s eylan_bank_problem, central_bank_sri_lanka, bank_of_ceylon_and_seylan Contact Blog FAQ Media Inquiries Examiner. com Copyright Privacy Terms of Use jurisprudence of Conduct Jobs http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM Seylan Bank Problem in Sri Lanka NowPublic News Coverage http//www. nowpublic. com/tech-biz/seylan-bank-problem-sri-lanka7/16/2012 62138 PM