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

Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...