<p>Sri Lanka's embattled President was flown to an airbase near the main international airport Monday, officials said, raising speculation he will flee into exile abroad.</p>.<p>Gotabaya Rajapaksa fled the presidential palace in Colombo under naval protection on Saturday, shortly before tens of thousands of protesters overran the compound.</p>.<p>Hours later, the parliamentary speaker announced Rajapaksa would resign on Wednesday to allow a "peaceful transition of power".</p>.<p>The 73-year-old leader had taken refuge at a navy facility, a top defence official told <em>AFP</em>, before being brought to the Katunayake airbase -- which shares a perimeter fence with the country's main Bandaranaike International airport.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/dh-galleries/photos/protesters-unwind-at-pms-home-presidential-palace-in-sri-lanka-1125562">Protesters 'unwind' at PM's home & Presidential Palace in Sri Lanka</a></strong></p>.<p>"He and his entourage were flown back to Colombo in two Bell 412 choppers," he added.</p>.<p>There was no official word from the president's office about his whereabouts, but several local media reports speculated he was set to leave for Dubai later Monday.</p>.<p>Prime Minister Ranil Wickremesinghe's office said Rajapaksa had officially informed him of his intention to resign, without specifying a date.</p>.<p>Earlier in the day, 17.85 million rupees (about $50,000) in cash Rajapaksa left behind at the presidential palace was handed over to a court after being turned in by protesters, police said.</p>.<p>Official sources said a suitcase full of documents had also been left behind at the stately mansion.</p>.<p>Rajapaksa took up residence at the two-century-old building after he was driven out of his private home on March 31 when protesters tried to storm it.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/world-news-politics/fleeing-rajapaksas-cash-handed-to-sri-lankan-police-1125622.html" target="_blank">Fleeing Rajapaksa's cash handed to Sri Lankan police</a></strong></p>.<p>If Rajapaksa steps down as promised, Wickremesinghe will automatically become acting president until parliament elects an MP to serve out his term that ends in November 2024.</p>.<p>But Wickremesinghe has himself announced his willingness to step down if consensus is reached on forming a unity government.</p>.<p>The succession process could take between three days -- the minimum time taken to convene parliament -- and a maximum of 30 days allowed under the statute.</p>.<p>The main opposition Samagi Jana Balawegaya (SJB) party was huddled in talks with smaller political groups Monday to secure support for their leader Sajith Premadasa.</p>.<p>An SJB official said they reached a tentative agreement with dissidents in Rajapaksa's SLPP to support 55-year-old Premadasa, who lost the 2019 presidential election.</p>.<p>Premadasa is the son of former president Ranasinghe Premadasa, who was assassinated in a Tamil rebel suicide bombing in May 1993.</p>.<p><strong>Also Read | <a href="http://https//www.deccanherald.com/national/india-following-developments-in-sri-lanka-stands-with-its-people-1125437.html" target="_blank">'India following developments in Sri Lanka, stands with its people'</a></strong></p>.<p>Former Rajapaksa loyalist, Dullas Alahapperuma, 63, an ex-media minister, was tipped to be the new prime minister, an SJB legislator involved in the talks told <em>AFP</em>.</p>.<p>Five ministers resigned over the weekend and Wickremesinghe's office said the cabinet had agreed on Monday to resign en masse once an agreement was reached on an "all-party government".</p>.<p>On Monday, huge queues formed to visit the palace -- in a line longer than some of the petrol queues snaking their way through the city.</p>.<p>Protesters say they will not leave until Rajapaksa formally quits.</p>.<p>"The demand is very clear, people are still asking for the resignation (of Rajapaksa), and full resignation, in a written confirmation," said protester Dela Peiris.</p>.<p>"So hopefully we will have this resignation from the government including the prime minister and president in the coming days."</p>.<p>The premier's private home in Colombo was also set on fire on Saturday night.</p>.<p>Demonstrators had been camping outside the president's office for more than three months demanding he quit over the country's unprecedented economic crisis.</p>.<p>Rajapaksa is accused of mismanaging the economy to a point where the country has run out of foreign exchange to finance even the most essential imports, leading to severe hardships for the 22 million population.</p>.<p>Wickremesinghe, an opposition legislator, was made premier in May to try to lead the country out of its economic crisis -- the sixth time he has been appointed to the post.</p>.<p>Sri Lanka defaulted on its $51 billion foreign debt in April and is in talks with the IMF for a possible bailout.</p>.<p>The island has nearly exhausted its already scarce supplies of petrol. The government has ordered the closure of non-essential offices and schools to reduce commuting and save fuel.</p>
<p>Sri Lanka's embattled President was flown to an airbase near the main international airport Monday, officials said, raising speculation he will flee into exile abroad.</p>.<p>Gotabaya Rajapaksa fled the presidential palace in Colombo under naval protection on Saturday, shortly before tens of thousands of protesters overran the compound.</p>.<p>Hours later, the parliamentary speaker announced Rajapaksa would resign on Wednesday to allow a "peaceful transition of power".</p>.<p>The 73-year-old leader had taken refuge at a navy facility, a top defence official told <em>AFP</em>, before being brought to the Katunayake airbase -- which shares a perimeter fence with the country's main Bandaranaike International airport.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/dh-galleries/photos/protesters-unwind-at-pms-home-presidential-palace-in-sri-lanka-1125562">Protesters 'unwind' at PM's home & Presidential Palace in Sri Lanka</a></strong></p>.<p>"He and his entourage were flown back to Colombo in two Bell 412 choppers," he added.</p>.<p>There was no official word from the president's office about his whereabouts, but several local media reports speculated he was set to leave for Dubai later Monday.</p>.<p>Prime Minister Ranil Wickremesinghe's office said Rajapaksa had officially informed him of his intention to resign, without specifying a date.</p>.<p>Earlier in the day, 17.85 million rupees (about $50,000) in cash Rajapaksa left behind at the presidential palace was handed over to a court after being turned in by protesters, police said.</p>.<p>Official sources said a suitcase full of documents had also been left behind at the stately mansion.</p>.<p>Rajapaksa took up residence at the two-century-old building after he was driven out of his private home on March 31 when protesters tried to storm it.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/international/world-news-politics/fleeing-rajapaksas-cash-handed-to-sri-lankan-police-1125622.html" target="_blank">Fleeing Rajapaksa's cash handed to Sri Lankan police</a></strong></p>.<p>If Rajapaksa steps down as promised, Wickremesinghe will automatically become acting president until parliament elects an MP to serve out his term that ends in November 2024.</p>.<p>But Wickremesinghe has himself announced his willingness to step down if consensus is reached on forming a unity government.</p>.<p>The succession process could take between three days -- the minimum time taken to convene parliament -- and a maximum of 30 days allowed under the statute.</p>.<p>The main opposition Samagi Jana Balawegaya (SJB) party was huddled in talks with smaller political groups Monday to secure support for their leader Sajith Premadasa.</p>.<p>An SJB official said they reached a tentative agreement with dissidents in Rajapaksa's SLPP to support 55-year-old Premadasa, who lost the 2019 presidential election.</p>.<p>Premadasa is the son of former president Ranasinghe Premadasa, who was assassinated in a Tamil rebel suicide bombing in May 1993.</p>.<p><strong>Also Read | <a href="http://https//www.deccanherald.com/national/india-following-developments-in-sri-lanka-stands-with-its-people-1125437.html" target="_blank">'India following developments in Sri Lanka, stands with its people'</a></strong></p>.<p>Former Rajapaksa loyalist, Dullas Alahapperuma, 63, an ex-media minister, was tipped to be the new prime minister, an SJB legislator involved in the talks told <em>AFP</em>.</p>.<p>Five ministers resigned over the weekend and Wickremesinghe's office said the cabinet had agreed on Monday to resign en masse once an agreement was reached on an "all-party government".</p>.<p>On Monday, huge queues formed to visit the palace -- in a line longer than some of the petrol queues snaking their way through the city.</p>.<p>Protesters say they will not leave until Rajapaksa formally quits.</p>.<p>"The demand is very clear, people are still asking for the resignation (of Rajapaksa), and full resignation, in a written confirmation," said protester Dela Peiris.</p>.<p>"So hopefully we will have this resignation from the government including the prime minister and president in the coming days."</p>.<p>The premier's private home in Colombo was also set on fire on Saturday night.</p>.<p>Demonstrators had been camping outside the president's office for more than three months demanding he quit over the country's unprecedented economic crisis.</p>.<p>Rajapaksa is accused of mismanaging the economy to a point where the country has run out of foreign exchange to finance even the most essential imports, leading to severe hardships for the 22 million population.</p>.<p>Wickremesinghe, an opposition legislator, was made premier in May to try to lead the country out of its economic crisis -- the sixth time he has been appointed to the post.</p>.<p>Sri Lanka defaulted on its $51 billion foreign debt in April and is in talks with the IMF for a possible bailout.</p>.<p>The island has nearly exhausted its already scarce supplies of petrol. The government has ordered the closure of non-essential offices and schools to reduce commuting and save fuel.</p>