Sri Lankan Business Tycoon Lalith Kotalawala who was remanded by the Mount Lavinea Magistrate last friday on misusing of Rs.26 Billion worth Public Deposits re apply for Bail today through his Lawyers at the Colombo High Court.His Bail Application was taken to Notice by the Attorney General and Officer in Charge in Colombo Crimes Division of the Criminal Investigations Department(CID).
He is currently in the Merchant Ward of the Colombo General Hospital on Poor Health Grounds.
Kotalawala was remanded till 11th of March for Misusing the Deposits of the Golden Key Credit Company in Colombo owned by him.Meanwhile the Depositors of the Golden Key Credit Company to day hold a protest campaign in front of the Company Building at Colombo Suburbs against not settling their Deposits.
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