Dharma Dheerasinghe was re-elected chairman of the Commercial Bank at its AGM on Monday amidst concerns by shareholders on moves by the Government to replace him. Shareholder M.R. Shah, former banker and trade unionist, raised the issue at the meeting saying the Government (Treasury) should not intervene to replace the chairman. Good governance activist, K. Vignarajah also expressed similar concerns. The Government has openly acknowledged that it wants to replace chairpersons of commercial banks saying cronies were appointed during the former regime.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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