BASL’s writ petition on foreign currency issue fixed for support

By Lakmal Sooriyagoda  

The writ petition filed by the Bar Association of Sri Lanka (BASL), seeking an order quashing the decision of the Central Bank Governor to issue a Gazette Extraordinary over the conversion of foreign currency earnings into Sri Lankan rupees, was fixed yesterday for support by the Court of Appeal.
The Court of Appeal two-judge bench, comprising Justice Sobhitha Rajakaruna and Justice Dhammika Ganepola, fixed the petition for support on January 10.
The respondents were directed to file objections before January 5. The petitioners were directed to serve notices on the respondents.
BASL President and Deputy President Saliya Pieris PC and Anura Meddegoda PC, respectively filed this petition naming Finance Minister Basil Rajapaksa, Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal and the Monetary Board of the CBSL as respondents.
President’s Counsel Kanagiswaran appeared for the petitioners.