This matter was canvassed in the supreme court in 2012 by an MP of the then opposition, but the supreme court gave an order in 2014 that the loss was a pure commercial loss that arose In a normal investment decision in an year when the central bank had made a substantial profit of US$430 million through its Reserve Management activities. The Supreme court clearly held that there was no mismanagement or corruption whatsoever involved in the investment decision.
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January 21, 2019
Source: Daily FT
In his article published previously in the Daily FT, Ravi Karunanayake (the MOF during the period of the infamous CBSL bond scam) appears to have attemptedto pull wool over the eyes andto make a mountain out of a molehill.
June 8, 2015
Source: Daily FT
Former Central Bank Governor Ajith Nivard Cabraal issued the following responses to allegations levelled against him by Prime Minister Ranil Wickremesinghe and others in the recent past
January 3, 2017
Source: Daily Mirror
In the recent budget, there is a proposal to remove some Central Bank functions such as Public Debt Management, to be vested with another Ministry. As a former CB governor, how do you see it?
August 28, 2017
Source: Daily Mirror
Former Central Bank Governor Ajith Nivard Cabraal said an investment today in the Sri Lankan Government Securities such as Treasury Bills, Treasury Bonds, Development Bonds, and International Sovereign Bonds pose a much higher credit risk than that faced by those who invested in Greece Bonds in April 2011.
August 28, 2017
Source: The Island
The government may have expected to postpone already delayed mini polls further by smuggling in some amendments into the Local Government (Amendment) Bill and provoking its enemies who usually throw Parliament into turmoil. But, its plan went awry because the Joint Opposition acted with restraint.
August 26, 2017
Source: Daily FT
Central Bank Governor Ajit Nivard Cabraal yesterday issued a statement to reiterate that the Supreme Court decision in September 2014 “unambiguously exonerated” all members of the Monetary Board over allegations on the investment in Greek Bonds.
Source: Ada Derana Biz
The Court of the people gave the verdict on those who covered up the bond scam, said former Central Bank Governor and now national list nominee for MP, Ajith Nivaard Cabraal, in a post-election statement.
Source: Ada Derana Biz
ග්රීක බැඳුම්කර ආයේජන සම්බන්ධයෙන් ලැබී ඇති පැමිණිල්ලකට අනුව ප්රකාශයක් දීම සඳහා හිටපු මහ බැංකු අධිපති අජිත් නිවාඩ් කබ්රාල් මහතා ඊයේ (24) දිනයේ දී අල්ලස් හෝ දූෂණ චෝදනා විමර්ෂන කොමිසම වෙත පැමිණියේය. මෙහිදී හිටපු මහ බැංකු අධිපතිවරයාගෙන් පැය 8කට ආසන්න කාලයක් ප්රකාශ සටහන් කර ගෙන තිබේ.
March 18, 2017
Source: The ceylon independant
August 8, 2017
Source: Ada
March 18, 2017
Source: Divaina
November 3, 2017
Source: The Ceylon Independant
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