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Lalith Kotalawala remanded, ultimatum issued

SRI LANKA-Lalith Kotalawala and a director of Golden Key Credit company have been remanded moments ago by the Mount Lavinia Magistrate. As well an ultimatum was issued to settle the Rs. 26 billion deposits of Golden Key customers in 10 days. A warrant for Lalith’s wife Cecile Kotelawala was also issued.-dailymirror

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2 thoughts on “Lalith Kotalawala remanded, ultimatum issued

  1. A TRUE STORY OF “SAKVITHILAGE DESHAMANYA @ CEYLINCO ALIES NO: ONE TERRORIST IN SRI LANKA

    A Philanthropist, one of the richest man in the Country, and a patriot of the country, Saviour of the nation! But very few people know he is a wolf covered with a goat skin.
    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 Broker who promote the selling of property “Ruskin Island at Bolgoda Lake, Moratuwa. One fine day I met “DESHAMANYA” at his office at Fort (in front of Hotel Continental) 3rd 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 other relevant details to consider of purchase. And we had a nice chat and he was kind enough to receive 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 suitable 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)

    After some times I heard the “Ruskin Island” has been sold and I made my investigation and found Our “DESHAMANYA” has bought for Rs.25 Million from the seller. Normally it is not in practice 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 respective property. Knowing all the factors I wrote a letter to So called “DESHAMANYA” and pleaded to looking to this matter and asked him to compensate my legitimate commission 3% which I could not claim from the seller’s 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 introducer to claim the commission which he never did it. When I inform him, his inability of informing me that I have to incurred a loss of Rs.750,000.00 and emphasize the his negligence 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 nothing can be done for this. Normally when his company buy a property they pay 1% of the total value. He didn’t 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 lurch by transacting secretly. When I demand money his Attorney has send me a threatening letter saying that they will go to the law of court against me if I bother “DESHAMANYA” any more.

    That is how he conducts real estate 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 availability of property facing “Uyanwaththa Lake” @ Kotalawala Piliyandala. I spoke to the advertiser (The Finance 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 Million and neglected to pay our commission and we went to courts. And it took three and half years to get a verdict and we won the case and Company had to pay 3% commission , Interest for 3 ½ years, Court charges and Attorney’s charges respectively in District Court. NOW YOU WILL REALIZE WHO IS SO CALLED DESHAMANYA AND HIS CONGLOMERATE AND HOW THEY MINTING MONEY BY DEFAULTING POOR PEOPLE. THIS IS ONLY TWO INCIDENTS AND THERE ARE THOUSANDS DEFAULTS WHICH HAS NOT COME FORWARD AND MOST OF VICTIMS KEEP IT UNDISCLOSED! IN VAIN POOR PEOPLE!!

    Now he is facing “DITTA DHAMMA VEDANEEYA KAMMA” according to the Buddhism and you all can see the collapse of So called Conglomerate in near future ! Ha Ha Ha !

    Posted by parakramak | March 21, 2009, 5:47 am
  2. I hope many people read my article about “SAKVITHILAGE DESHAMANYA @ CEYLINCO” Thank you very much for your time. Now I need an opinion. The Rupees 750,000.00 which I was suppose to collect from Velona Group of companies could not meet due to the total negligence of Dehamanya and his stupidity. Now I want to claim that money from Ceylinco Consolidated as a ransom. Please advice me a realistic way to do that. Since I am a poor man Rs.750,000.00 is a very big amount. If any one need a bonafide to prove Deshamany’s stupidity in front of the law I am prepare to help him by giving the Original Letters which sent by Deshamanya’s Letter heads and his signature on mutual arrangement. Please let me know a proper way to get this reasonable money from the Courts or arbitrates respectively!

    Posted by parakramak | August 2, 2009, 9:18 am

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