Lalith Kotelawala cause of death: What happened to Lalith Kotelawala?

Lalith Kotelawala, a controversial businessman who was charged with stealing 26 billion rupees in assets from the defunct Golden Key Credit Company, passed away today.

Lalith Bhupendra Kotelawala, the founding chairman of Seylan Bank and the former head of Ceylinco Consolidated, passed away at the age of 84.

He went away while being treated at a Colombo private hospital. When Kotelawala succeeded his father as head of Ceylinco Consolidated in the 1960s, he expanded the company into new industries like banking, non-banking finance, investment banking, housing and property development, travel and leisure, communication and information technology, education and healthcare, and microfinance. Three years after being hurt in an LTTE attack in 1996, he established a peace movement in Sri Lanka.

Lalith Kotelawala cause of death: What happened to Lalith Kotelawala?

Deshmanya Deshabandu Lalith Kotelawala, the founder chairman of Seylan Bank and the former chairman of Ceylinco Consolidated, died at the age of 84, leaving the financial world in deep sorrow over the loss of a visionary leader. He passed away while receiving medical care at an upscale Colombo hospital, leaving behind a legacy of quality, creativity, and devotion to the country’s banking industry.