URGENT -SEC chairman Godahewa resigns, says Sri Lanka Finance Minister

22 January 2015 - 374   - 3

Nalaka Godahewa, the controversial Securities and Exchange Commission (SEC) chairperson, who this week said he was not a political appointee, has resigned from his position, Sri Lankan Finance Minister,  Ravi Karunanayake said on Wednesday night.

He told the Business Times that Godahewa had resigned the same day a newspaper article appeared on Tuesday saying he was a non-political appointee.

“There is no reason for the capital market regulator to hand over his resignation after an election. We do not engage in politics,” he was quoted as saying in the Daily Mirror.

But Mr. Karunanayake said, “Many chairmen want to stick on but they were all asked to resign, and they should resign.”

He said ‘people can drop names but that will not work’. Former SEC chairperson Thilak Karunaratne, who quit under pressure allegedly from the stock market mafia, is tipped to be re-appointed.

The SEC, which earlier came under the Finance Ministry, is now under Prime Minister Ranil Wickremesinghe’s purview. – Ends -

  Comments - 3

  • srilankan Thursday, 22 January 2015 05:20 PM

    can we know like they said on tv was he paid 100 laks a month?

    Reply : 0       0

    srilankan Thursday, 22 January 2015 05:21 PM

    was he really paid 100 laks a month as salary ?

    Reply : 0       0

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