JKCG reaffirms commitment to customers amidst ongoing Customs proceedings
Daily FT
|September 04, 2025
JOHN Kees CG Auto (JKCG) yesterday issued an update to its valued customers and stakeholders regarding the ongoing legal proceedings concerning the detention of certain consignments of BYD vehicles by Sri Lanka Customs.
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Following is the full statement.
"JKCG wishes to update its customers and stakeholders on the ongoing legal proceedings in the Court of Appeal relating to some consignments of BYD vehicles being detained by Sri Lanka Customs.
In August 2025, in response to the Writ Application filed in the Court of Appeal, the Court ordered Sri Lanka Customs, and Sri Lanka Customs agreed to the immediate release of 991 of 997 BYD vehicles that were being detained by Sri Lanka Customs, on the security of a Bank Guarantee.
Some of these vehicles have already been delivered to customers while the remainder are in the process of being delivered. We wish to confirm that the vehicles are being delivered at the original price they were offered to customers.
Subsequent to 7 August, Sri Lanka Customs detained other consignments of BYD vehicles and refused to release even the models which were part of the initial Writ Application, on the same basis of provision of the security of a Bank Guarantee.
However, upon submissions made on behalf of JKCG, on 3 September, the Court of Appeal ordered the release of 506 BYD vehicles which are of the same models that were released under the Order of Court made in favour of JKCG on the same basis as on 7 August.
यह कहानी Daily FT के September 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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