Colombo, Dec 10 (PTI) An anti-graft commission on Wednesday announced a conditional withdrawal of a case against former governor of Sri Lanka’s central bank, Ajith Cabraal, for the 2011 investment he made in Greek bonds.
The Commission to Investigate Bribery or Corruption (CIABOC) said it has agreed under section 67 (2) to withdraw the charge under section 67 (3) requiring Cabraal to make a deposit of Sri Lankan rupees (LKR) 1.8 billion as compensation to the state for the loss incurred due to his decision to invest in Greek bonds.
The amount has to be deposited at the central bank within three months from Wednesday.
Sri Lanka’s 2023 Anti Corruption Act No 9 allows for withdrawal of indictments before judgement as a structured and conditional mechanism.
In Cabraal’s case, his failure t

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