Judiciary permits to examine 12 Bank Accounts of Ajith Nivard Cabral and...

Judiciary permits to examine 12 Bank Accounts of Ajith Nivard Cabral and his family

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The judiciary has permitted the Police Financial Crimes Investigation Division to examine the Bank Accounts of Former Central Bank Governor Ajith Nivard Cabral, his wife as well as his two children.
Ajith Nivard Cabral is accused of granting funds to the CWG Hambantota Company in relation to the Commonwealth Games which was planned to be held in the year 2018. It is in this respect that Colombo Fort Magistrate Lanka Jayaratne granted permission to examine more than 12 Bank Accounts of the group including Ajith Nivard Cabral.
Investigations are being carried out with regard to the spending of 650 million rupees for the bidding project with Australia during the voting held for Sri Lanka to host the Commonwealth Games. During the examination of the accounts of the Malaysian national Dato Seri who is suspected to have invested a sum of 50 million rupees from this amount, it has been accepted that these funds had been credited to the said accounts.
Also the Financial Crimes Investigation Division informed the judiciary that they were looking into any investments made by Ajith Nivard Cabral in Government Securities and Treasury Bonds while he was serving as the Central Bank Governor.