Riksbank, Central bank

Colombo, July 12 As Sri Lanka awaits President Gotabaya Rajapaksa to quit on Wednesday, court orders have been sought to prevent him from leaving the country together with his two brothers former Prime Minister Mahinda Rajapaksa and ex-Finance Minister Basil Rajapaksa.With a thumping two-third Sinhala Buddhist majority, Gotabaya was elected as President in 2019 for a five-year term.Amid agitation and public storming of his official residence and office on Saturday, the President officially announced that he would quit his post on Wednesday.On Tuesday, three civic rights activists filed a motion to a fundamental rights petition they had filed earlier, seeking court orders preventing three Rajapaksas and former Central Bank Governor Ajith Nivard Cabraal, who are allegedly responsible for ruining of the country's economy, from leaving Sri Lanka.In the early hours of Tuesday, Basil Rajapaksa, who was attempting to leave for the United States where he has a resident visa via Dubai, was prevented by the public and the immigration officers.Claiming that politic with questionable corrupt records were trying to leave the country, officials of the Sri Lanka Immigration and Emigration Officers' Association (SLIEOA) on Tuesday withdrew from all duties at the VVIP Terminal.Sri Lanka, which is facing the worst ever economic crisis, is now facing a political deadlock with virtually no leader. In over 90 days of public agitation, Sri Lankan people have ousted Prime Minister Mahinda Rajapaksa, his younger brother Basil Rajapaksa and entire cabinet and replaced it ex-PM Ranil Wickremesinghewho as the Prime Minister.However, on July 9, the protesters took over the President's house and the Prime Minister's official residence, thus symbolically taking over the government.The protesters allowed the public to view the colonial era houses with archeologically valuable buildings and artifacts, where thousands of Lankans from far away villages thronged freely.The protesters cooked food for public on either side of the green lawns of the Prime Minister's official residence while others made merry playing music.The protesters also arranged to distribute food to those visiting the President's house and said that they would vacate the public premises once the President and the Prime Minister leave their seats.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

RiksbankFOLLOW

Riksbank, Latest News

Islamabad, Sep 19 Pakistan's Finance Minister Miftah Ismail has said that despite the catastrophic floods, which have led ... ...

Colombo, Sep 1 After a week-long discussion with Sri Lankan authorities, the International Monetary Fund (IMF) has agreed ... ...

Colombo, Aug 31 Central Bank of Sri Lanka (CBSL) Governor Nandalal Weerasinghe said the country has made good ... ...

International investors are losing confidence in Pakistan amid a deteriorating economy and intensified political uncertainty. ...

Moscow, Aug 6 Russian President Vladimir Putin signed a decree banning "unfriendly" investors from making transactions with their ... ...

Colombo, Aug 1 The Central Bank of Sri Lanka (CBSL) has warned that companies and individuals that do ... ...

Colombo, July 13 The Central Bank of Sri Lanka has warned the public from using cryptocurrencies amid the ... ...

Colombo, July 12 As Sri Lanka awaits President Gotabaya Rajapaksa to quit on Wednesday, court orders have been ... ...