Court issues notice to CBSL Monetary Board members

Date:

The Supreme Court has issued notices to Monetary Board members of the Central Bank of Sri Lanka (CBSL) Sanjeewa Jayawardena and Rani Jayamaha, based on fundamental rights (FR) petitions filed against 39 persons including the previous administration.

The notices were issued as the said individuals failed to appear in Court. The petitions were called in before the Supreme Court Bench chaired by Chief Justice Jayantha Jayasuriya, and comprising Justices Buwaneka Aluvihare, Vijith Malalgoda, L.T.B. Dehideniya, and Murdu Fernando.

39 persons, including the former President, former Prime Minister, and former Finance Minister are cited as respondents to the case filed by the Transparency International Sri Lanka (TISL) former Chairman of the Ceylon Chamber of Commerce (CCC) Chandra Jayaratne, Dr. Mahim Mendis from the Open University of Sri Lanka (OUSL), and former National Swimming Champion Julian Bolling, on the allegation that these individuals are directly responsible for Sri Lanka’s unsustainable foreign debts, its hard default on forex dept repayments, and the economic meltdown.

The petitions will be called in again on March 20, 2023.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

Sri Lanka’s palm oil based industry, once a promising...

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the...