INSUBCONTINENT EXCLUSIVE:
25.The complaint was taken up before Colombo Additional Magistrate Harshana Kekunawala today (23).Ajith Nivard Cabraal was not present in
had been served summons and that he would appear before the court on the next day.The magistrate then ordered the complaint to be heard on
July 25 and extended the travel ban imposed on Mr
payments on January 18 this year in relation to international sovereign bonds.The court granted the request and directed the Central Bank to
submit a list of parties who had paid for the sovereign bonds.The complaint was lodged by former Southern Province Governor Rajitha Keerthi
Tennakoon.The complaint alleges that during his tenure as the Central Bank governor from 2006 to 2015, Mr
Central Bank of Sri Lanka, Mr
Cabraal caused a loss of US $ 500 million to the Government of Sri Lanka through sovereign bonds due on January 18, 2022.The complaint
alleges that the Sri Lankan government incurred a loss of Rs
10.04 billion rupees through the appointing of close relatives to positions and from the release of confidential information on Treasury
bills and bond issues, during his tenure as the Governor of the Central Bank of Sri Lanka.
This article first appeared/also appeared in https://adaderana.lk
