A former director of the Golden Key Credit Card Company Cicillie Kotalawala was released on bail today. She had been remanded in connection with the misappropriation of funds deposited by customers.
Appeal Court Judges Rohini Walgama and L.T.B. Dehideniya ordered to release the suspect on one hundred thousand rupees cash bail and two surety bails of one million rupees each.
The Judges also banned the suspect from leaving the country and, ordered her to surrender her passport to Court custody.
Cicillie Kotalawala filed a bail application with the Appeal Court requesting to revoke the High Court order as it previously rejected bail for the ailing suspect.