Monday, September 27, 2010

Rs.8 Billion Worth Gold Jewellery Belongs To Sri Lankan Financial Freudsters Found

The Criminal Investigations Unit(CID) today found Rs.8 Billion worth of undeclared Gold Jewelery deposited in a vault of a State Bank in Colombo belongs to the Ceylinco Group Chairman Lalith Kotelawela and his wife Cicily who are Business Tycoons involved in one of the largest Financial Frauds in Sri Lanka. Both Mr.Kotelawela and his wife are charged for cheating  thousands of depositors who saved millions of Rupees for higher interest rates  in the Golden Key Private Limited run by them.

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A Sudden Fire Erupted In A Tyre Shop At Armour Street

A sudden fire has broken out at a tyre shop near Armour street in Grandpass this evening (29) causing severe traffic congestion in the area....