Former Central Bank Governor’s travel ban extended

Date:

The Colombo Magistrate’s Court yesterday (05) extended the travel ban imposed on former Central Bank Governor Ajith Nivard Cabraal.

The case was filed against the former Governor of the Central Bank, alleging that he was responsible for financial irregularities in the country and he was scheduled to be summoned on May 02, but it was recalled yesterday through a motion due to the declaration of the day as a public holiday.

Colombo Additional Magistrate Harshana Kekunawala ordered that a notice be issued to Ajith Nivard Cabraal to appear in court on May 23 and that his travel ban be extended until then.

Share post:

spot_imgspot_img

Popular

More like this
Related

Ceylon Dollar Bond Fund Shines amid Revival of Sovereign Confidence

Sri Lanka’s dollar bond market once battered by default...

Sri Lanka beer market balances tax burden with tourist-driven demand

Sri Lanka’s beer sector is navigating a delicate balance...

Expert Warns of dismantling tariffs and para-tariffs Risking  Economic Stability 

Sri Lanka must not rush into dismantling tariffs and...

Sri Lanka Tourism Booma, amidst Revenue Bust and : Mismanaged Agencies

Sri Lanka may be celebrating record-breaking tourist arrivals, but...