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

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...