Ceylinco boss seeks to quash Monetary Board regulation

  • 12 Dec 2007 10:25:13 GMT


    [He is a true and honest person.]

    Can`t the same be said about His Excellency Mahinda Rajapaksa? He is the Minister of Finance and the Monetary Board functions under him and these regulations are with his authority.

    Of the two who knows what`s best in this instance?

  • 12 Dec 2007 10:49:14 GMT

    Was not this guy who supported the LTTE somewhere last


    Is he having a problems with the TRO funds been frozen?

  • 12 Dec 2007 11:31:43 GMT

    Dr Kotalawala is a national hero and a national asset who has helped the national economy grow in all possible ways. He had given over 10,000 jobs to talented Slankans, some of them were very poor. He is the undisputed corporate leader in Slanka unlike Harry J he had been tarnished by political affliation. DR.LK should be our President some day. He could turn the country around and bring much more prosperity to the nation. He has a vision.

    DR LK is a no nonsense man. He is serious and sincere. He does not like to see fellow countrymen suffer and die.

  • 12 Dec 2007 13:11:48 GMT


    Lalith is a serious business man with one of the biggest companies in the country,employing thousands of people and he is absolutely right,not to get involved in communal politics and it is right for him to trade in rebel areas,just as the gosl have its administration in the vanni areas.His company has to trade with the people in all areas of the island and not to do so is to tell the world that the country is divided.What he and his company is not doing is to enhance the military potential of the rebels.He is a very generous and a honest man,unlike our leaders,who are out there to fill their boots with the country`s wealth.He is a wealth creator and all that b***s*** that is said in the past about him is just BS.

  • 12 Dec 2007 13:16:29 GMT

    Who says Lalith is a patriotic Sri Lankan. He is just another businessman who funds both major political parties and henchmen of other powerful men. He has his hidden agenda. If he is clean, will the finger be poited at him for killing of Rev. Gangodawila Soma Thro. He is another one who has accepted the demands of LTTE terrorists. He wants the country to ruin and get his personal agenda upheld. Most people are supporting him for few thousand rupees he donates. It was a joke that he was settling problems on one of the tv channels by donating some money by bringing in his supporters to the studio.

    So definitely, Lalith is trying to safeguard his interest by protecting Seylan Bank.

  • 12 Dec 2007 13:54:45 GMT

    There nothing wrong protecting the interests of Seylan bank or any company he runs,as is obliged to protect the intrests of the shareholders of his company.I suppose some like a lawless country where people do what they like?good luck to Lalith and we need more like him in the country.

  • 12 Dec 2007 14:19:26 GMT

    Justman, everybody talks or knows only the good part of a

    person.You may have read or heard the good so let`s not

    debate about the bad.Get more info on people before saying

    that person employed so much or donated so much and so on.

    Try to hear the voices of the victims who were forced to

    sell lands for his financial gains!He is an insult to Late

    Sir John!

    Money doesn`t make a man, but manners make a man!

  • 12 Dec 2007 15:59:55 GMT

    Lalith Kotelawala has revived several finance companies that were going through bad times.

    And Seylan bank is at least profitable. This is more than could be said of the SME Bank and the Lankaputhra bank that the government created recently.

    You need strong banks with accountable shareholders. In some banks there are no visible shareholders, no direction and no one is responsible. This is what will happen if people are allowed to have only small amounts of shares. It becomes a nobody`s baby.

  • 12 Dec 2007 17:15:15 GMT

    Ajaw it sounds like that just because he pulls people out of ruts that he ahs to be recongnized.Then why the heck are

    some you not recognizing Velu`s efforts although barberic

    for a separate state!It may look like two differnt things

    but don`t you think they are doing it for themselves?

    One for money (no matter how he gets it) and the other killing his own people for his dream!

  • 13 Dec 2007 05:09:22 GMT

    Another movement to tackle the public sector by the Junta....who knows,may they have a plan to close all private banks and make them under Modapaksha Banking Ltd......so easily they can get more than 10% of all the banks..so, 90-95% of country`s money will be under their arms

    [What ever Lalith suggests or acts must be considered good for his company and country.He is a true and honest person.]

    Ya, he supposed be having the Ministry of Finance even, not the Motta Rala who doesn`t even know to read a financial statement (a budget for instance)....

    we should have a policy in sri lanka, as such public departments education, health, finance should be handled - not by idiots (politicians)...- but experts in the field. They should be selected on the experience basis, not based on the political party they belong to....they won`t be able to talk in politics..they have to be neutral

    Alwayslion [Was not this guy who supported the LTTE somewhere last year]

    SLFP, JHU and JVP used everything against UNP to win the elections, poor Kotalawala also got stucked in it as he had investment projects in Jaffna and other northern parts when UNP ruled the country (during peace talks)...and he went on with those projects even after MR came into power.....so, as usual JHU and JVP labled him `Traitor` and `Sinhala Koti`...etc just to gain public support against UNP and LTTE and to continue the WAR.....This is the real background of the story