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Govt. urged to save Ceylinco Sussex Colleges

The troubled Ceylinco managed Sussex College network, too, is experiencing severe difficulties with K. A. S. Jayatissa, Deputy Chairman, Ceylinco Tax and Financial Consultancy Group in charge of the overall administration leaving the country following death threats by angry investors.

Well informed sources told The Island that the financial turmoil at the Ceylinco Group had caused immense problems at its schools. In some instances, parents had refused to make payments until the management provided major facilities promised to the students.

A group of parents of students studying at the Sussex branch at Wakwella, Galle has sought a meeting with Education Minister Susil Premjayanth to apprise him of,

what a spokesperson called, the rapidly deteriorating situation.

Responding to our queries, he said that H. M. Sirisena, a senior Ceylinco official had called a meeting of heads of 21 schools on Monday to discuss ways and means of overcoming difficulties. Sirisena had assured them that they could manage for a few months until the return of Jayatissa in a couple of months. The discussions held at Sirisena’s office had centred on the deepening crisis at the schools including the difficulty in paying the monthly salaries of about 900 employees including about 700 teachers.

Sources said that Jayatissa, at a meeting with parents of students attending the Galle branch, on February 28 had assured that he wouldn’t jeopardise the education of their children. Sources estimated the number of students receiving education at Sussex Colleges at 5,300.

Sources said that they would bring to the Education Minister’s notice an attempt by those who had deposited large amounts of money with the now crashed Golden Key Credit Card Limited to take over some of the school buildings. Sources said that the government should intervene immediately to thwart unscrupulous elements from taking over school buildings.

Jayatissa had joined the Ceylinco Consolidated in 1990. Due to his experience with the Auditor General’s Department, Jayatissa had been extensively engaged in the group’s taxation and finance related issues.

Sources warned that failure to stabilise the school network would cause trouble at the entire international school network.

 


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