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Kothalawela Released On Bail

Jul 27, 2011 11:53:20 AM - thesundayleader.lk

The Colombo High Court has today released on bail the former Chairman of Ceylinco Group, Lalith Kothalawela and seven others accused in the Golden Key fraud case.

The Court has released Kothalawela and the other accused members on a Rs. 5 million surety bail each.

Kothalawela and seven others were indicted in the Colombo High Court in the Golden Key case for the alleged misappropriation of Rs. 4.1 billion.

The court has served indictment papers on each of the accused and an arrest warrant had also been issued on the sixth accused, Cecilia Kothalawela who was not present in court.