Sri Lankan protesters say they found millions at President’s residence – TOP POINT

New Delhi: According to a local media report, on Sunday (July 10, 2022), anti-government protesters in Sri Lanka claimed that they had recovered lakhs of rupees from inside the official residence of President Gotabaya Rajapaksa. In a video circulating on social media platforms, protesters vandalizing President Rajapaksa’s residence can be seen counting the notes that were recovered. The Daily Mirror newspaper reported that the recovered money was handed over to security units.

As per the daily’s report, the officials have informed that they will take steps to announce the ground situation after checking the relevant facts.

Read the key developments in the Sri Lankan crisis here:

Earlier on Saturday, thousands of protesters in Sri Lanka stormed the president’s house in the capital Colombo after breaking barricades and clashing with police in one of the biggest marches against the government in the troubled country this year.

Another group of protesters entered the private residence of Prime Minister Ranil Wickremesinghe and set it on fire.

President Rajapaksa is not known yet. Several reports say that Gotabaya Rajapaksa has fled after protesters surrounded his palace.

Parliament Speaker Mahinda Yapa Abhaywardene has been raising his voice in favor of the President since the protesters entered the city. Abhaywardene also announced that the President would resign on Wednesday.

Prime Minister Wickremesinghe has also offered to resign. Sri Lankan Prime Minister Ranil Wickremesinghe said yesterday that he was ready to resign and make way for an all-party government in the country. The Prime Minister’s Media Division stated that the Prime Minister would resign once an all-party government was installed and a majority in Parliament was won.

In the absence of both the President and the Prime Minister, the Speaker will become the Acting President. Afterwards, an election must be held among the MPs to elect a new President.

Sri Lanka, a country of 22 million people, is in the grip of an unprecedented economic turmoil, the worst in seven decades, crippled by an acute shortage of foreign exchange that has left it struggling to pay for essential fuel imports left, and other mandatory.

The country, with an acute foreign exchange crisis that resulted in external debt defaults, announced in April that it would forgo external debt repayments of USD 7 billion for the year out of about USD 25 billion due by 2026. is suspending.

The total external debt of Sri Lanka is 51 billion dollars.

(with agency input)