Reply To:
Name - Reply Comment

Colombo, Dec. 11 (Daily Mirror) - The decision to release Former Central Bank Governor Ajith Nivard Cabraal from the Greek Bonds case, under strict conditions, reflects how Sri Lanka’s justice system is evolving under the new Anti-Corruption Act, Former Minister and President’s Counsel Ali Sabry said.
Sabry noted that Section 67 of the Anti-Corruption Act, No. 9 of 2023 allows indictments to be withdrawn before judgment—not as leniency, but through a structured process that can require restitution, public apology, accountability measures, and even lifetime bans from holding office. He said this system, approved by both the Commission and the High Court, represents a modern and balanced approach in line with global standards.
He cautioned that corruption allegations are often used as political weapons and that vague definitions can lead to misuse, reputation damage, and excessive punishment for errors that are not deliberate fraud.
Sabry said Section 67 helps correct this by bringing nuance to the process—recovering losses to the State, recognising remorse, ensuring accountability, and avoiding unnecessary imprisonment in complex or marginal cases.
He added that the law protects public interest “intelligently and proportionately, without bending to political pressure.”
Sabry stressed that accountability must remain non-negotiable, but justice must also be fair and rational.
Regarding the Cabraal case, he said the use of this mechanism shows Sri Lanka can fight corruption “without sacrificing fairness,” ensuring punishment where necessary and restoration where appropriate.