Financial Crisis- Ceylinco To Repay The Debt Of Their Credit Card Holders By Divesting Bank Shares

Ceylinco Group One of the Leading Business Enterprises in Sri Lanka Today(27) Announced that It will Divest Their Shares in the Leading Private Bank Seylan which owned by them
to Repay All Debts to Ceylinco's Golden Credit Card Holders.Due to the Financial Freud Occurred in the Ceylinco Investments Company Problem rise in Paying the Int rest to the Credit Card Holders who Invested Large Amount of Money there.However Chairman of the Ceylinco Group of Companies Mr.Lalith Kotalawala In a Public Statement Issued Today Confirmed that the Ceylinco Group will Divest their Shares in the Seylan Bank to Raise funds for Repaying all The Debt they owned to the Credit Card Holders and ask Public Not to Fear on it.Ceylinco Group Not Disclosed the Exact Amount of Debt they have to Pay for their Credit Card Holders.After Learned about the Financial Freud in Ceylinco Investments, Large Number Of people Who Invested Their Money there Gathered to The Ceylinco Premises in Colombo Last few days Fearing that they Will Loose their Money.