Ex-Governor CBSL Ajit Nivard Cabraal prevented from leaving the country

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    The Colombo Chief Magistrate's Court prevented former Central Bank Governor Ajith Nivard Cabraal from leaving the country until April 18. Colombo Additional Magistrate Harshana Kekunawala made this order following a request by former Southern Province Governor Rajith Keerthi Thennakoon through a private plaint filed under section 136(1)(a) of the Code of Criminal Procedure Act. The Additional Magistrate further issued notices ordering the former Central Bank Governor to appear in court on April 18. The petitioner stated that the Central bank of Sri Lanka had incurred losses between Rs. 10.4 – 10.6 Billion from 2005 to 2015 to the Sri Lanka Government, whilst Ajith Nivard Cabral was the head of the Central bank. The petitioner alleged Cabral had committed a punishable offence under section 388 of the Penal Code for criminal breach of trust. The petitioner further alleged the CBSL former governor is also liable for committing other misdemeanours under the Registered Stock and Securities Ordinance.