Saturday, August 25, 2012

Three for Tilak’s post at SEC

Following the resignation of Mr. Tilak Karunartne, the former Chairman of the Securities and Exchange Commission, there is a three officers cornered tussle for the post, according to reliable sources.

Minister for Economic Development, Mr. Basil Rajapaksa has proposed the  name of the former IGP  Mr. Chandra Fernando  to head the Securities and Exchange Commission Mr Chandra Fernando who is an Advisor to the President  is currently engaged as a Consultant  for the Uthuru Vasanthaya project.

Senior Attorney at Law, Mr. Kalinga Indratissa ‘s name has also been proposed for the post, it is learnt.

 The name of Udya Sri  Kariyawasam , a former Chairman of the Securities and Exchange Commission  has also been nominated for the post. While he is considered to be an expert regarding monetary frauds has been guest  lecturer   on the subject at Cambridge university, U.K.  
During his tenure as Chairman, despite a climate of world recession, the stock market  had registered  a figure of  a Trillion rupees.

Nevertheless, during next week or two, one of these gentleman will be appointed to the post, it is believed.

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