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Wednesday, October 16, 2024

Indictments Filed Against Cabraal Over Greek Bond Losses

Indictments have been filed against former Central Bank Governor Ajith Nivard Cabraal and three other defendants, accusing them of causing financial losses to Sri Lanka through investments in Greek treasury bonds in 2012. The defendants allegedly caused over Rs. 1.8 billion in losses to the government through these bond investments. After the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) submitted the indictments, the Colombo High Court granted surety bail of Rs. 10 million each to the defendants. The court also imposed an overseas travel ban, requiring the four to surrender their passports and seek court permission for any travel...
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Local

Court Freezes Anupa Pasqual’s Bank Accounts Amid Corruption Probe

The Colombo High Court has ordered the freezing of several bank accounts owned by former MP Anupa Pasqual as part of an ongoing investigation...

International

Blast Near Karachi Airport Kills Two Chinese Workers in Targeted Attack

A massive explosion outside Karachi Airport on Sunday killed two Chinese workers and injured at least eight others, officials from both Pakistan and China...

Sports

Jay Shah Elected as ICC Chairman

Jay Shah, the secretary of the Board of Control for Cricket in India (BCCI), was elected unopposed as the new chairman of the International...

Features

The Unseen Toll of Mental Health in Rural Women

BY Methmalie Dissanayake When Sri Lanka began to experience severe fuel shortages, gas shortages, and long lines at filling stations in 2022, many rural villagers...

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