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Tuesday, March 24,  2009
      Editorial:Why battered Tigers are suing for peace

*Golden Key employee denied entry to head office, February salary

Close on the heels of collapse of Golden Key Credit Card Limited, another Ceylinco venture, Ceylinco Building Society (CBS), has moved into severe crisis with investors demanding their money back.

A senior government official yesterday told The Island that the CBS established in 1997 had lured prospective clients by falsely claiming government approval under the National Housing Development Act.

Golden Key depositors Monday protest opposite Ceylinco (VIP) Insurance at Nawam Mawatha demanding their money back. Police allowed them to enter the area after they promised to disperse peacefully at the end of their protest. A spokesman for the group told The Island they would continue protests as part of their overall plan to force Ceylinco chief Lalith Kotelawela to return their money. Pic Sujatha Jayaratne

Ranil plays peace maker
UNP leader Ranil Wickremesinghe yesterday settled a dispute between Horana Pradeshiya Sabha member Senarath Wanigathunga and his colleagues after the former queried the Opposition Leader when he would...

Govt ponders move to help small investors
The government is exploring the possibility of introducing a scheme to protect the interests of small investors in private sector finance institutions.

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