Sri Lankan Expatriate Canadian Citizen Whose Special Foreign Investment Deposits in Bank of Ceylon Were Allegedly Swindled Awarded $ 875,000 Along With Interest and Legal Costs by Colombo District Court
By S. S. Selvanayagam The Colombo District Court on Tuesday ordered Bank of Ceylon to pay a Canadian expatriate citizen $ 875,000, together with interest and legal costs, after the bank was found to have made unauthorised transfers of funds held in special investment deposit accounts. The litigation, initiated by the plaintiff Manohar Randolph Alexander …