Thilak Karunaratne will be assuming duties as Chairman of the Securities and Exchange Commission (SEC) tomorrow (Wednesday), SEC officials said. He replaces Nalaka Godahewa who was appointed by former President Mahinda Rajapaksa after an outcry by some powerful investors including Dilith Jayaweera saying strict rules by the SEC was dampening the market. The accusations were levelled at former chairpersons Indrani Sugathadasa and her successor Karunaratne who has been re-apppointed to the post under the new regime. Both these officials were highly respected but powerful business interests led to their resignation., one after the other. Both Godahewa and Jayaweera were business associates with the former serving as director and chairman in some of Jayaweera's companies prior to being appointed SEC chair. - Ends-
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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