SC holds W.D.Lakshman, Cabraal, S.R. Atygalle, Kumarasinghe violated public trust

Clears Sanjeeva Jayawardena and Ranee Jayamaha from the economic crisis case

• Supreme Court had quoted extensively from the oral submissions made by Sanjeeva Jayawardena PC, including how the 600 billion of taxes had resulted in massive impairment to domestic revenue mobilisation and Treasury operations
• The judgment goes on to refer to Jayawardena’s important revelation that the original letter that the then President had sent to the IMF on 18th March 2022, was ambiguous

While holding the guilty persons’ liable and naming them, including one member of the Monetary Board, the Supreme Court in its recent judgment regarding two fundamental rights petitions filed over economic crisis, decided not to make any adverse decisions or orders against two Monetary Board members President’s Counsel Dr. Sanjeeva Jayawardena and Dr. Ranee Jayamaha.