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The Court of Appeal has ruled against a continuation of the two cases against former finance minister Ravi Karunanayake over alleged misappropriation of more than Rs. 50 billion of state funds at two Central Bank (CBSL) bond sales.

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Holding processions is completely prohibited with an election being announced, said police spokesman Nihal Thalduwa in reference to the protest organized by the National People’s Power in Colombo.

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