The Colombo High Court on Wednesday (June 26) postponed to October 10 the hearing of the case against former Central Bank Governor Ajith Nivard Cabraal and four others, who are accused of causing a financial loss of over Rs. 1.8 billion to the Sri Lankan government by investing public funds in Greek government bonds in 2012.
During the court proceedings, it was disclosed that the defense has filed three revision petitions before the Court of Appeal, challenging the rejection of preliminary objections in the case. These petitions are scheduled to be heard on September 19.
Citing the pending appellate court proceedings, the High Court judge ruled that it would be appropriate to resume the case after a decision is made by the Court of Appeal. The judge further emphasized that hearings would not be held merely for public display, underscoring the importance of procedural fairness and judicial integrity.
Accordingly, the next hearing at the Colombo High Court has been fixed for October 10.
