Sri Lanka’s Finance Minister Ravi Karunanayake accuses Attorney General Department


July 24, 2015 (LBO) – Sri Lanka’s Finance Minister Ravi Karunanayake on Friday accused Attorney General over an incident occurred when dealing with the Golden Key Depositor’s issue.

“Everyone thinks Attorney General is on our government side. But what we see here is an act against our government. Even yesterday night there was going to be a problem,”

“Cabinet decided to pay Golden Key Depositors over one month back. But our solicitors go to the Supreme Court and say something else that we don’t want to say,”

“I don’t know who they want to satisfy. No one can override a cabinet decision. So I’m asking the President to look into this.” Karunanayake stressed.

The cabinet of ministers, earlier approved a payment schedule proposed by the Finance Minister,Ravi Karunanayake in order to solve the long standing issues faced by the golden key depositors.

Accordingly, the depositors who have had an account balance of up to two million rupees will be paid within one month from July 24th.

The General Treasury will provide 544.3 million rupees needed for this first tranche and the recovery of this fund will be made through the liquidation of the assets of the Golden Key Company with the permission of the Supreme Court where a petition in this regard is being heard.