Sri Lanka's billionaire businessman, Dhammika Perera has resigned as the chairman or co-chairman from his portfolio of 12 public listed companies including Hayleys, its subsidiaries and Singer on Friday, as announced by the Colombo Stock Exchange.
He is slated to enter Parliament through the Sri Lanka Podujana Peramuna (SLPP) National List slot left vacant by former Finance Minister Basil Rajapaksa and provided a cabinet position.
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A nominee to the legislative assembly is required to have no connection to business enterprises . a requirement ..very ethical and laudable for it prevents conflict of interests on decision making ..but then if the family is connected .then the rule loses its credibility .I wonder how the law was interpreted in this case or how the nominee relinquished his POSITIONS in the business world to be of a real service to the nation ...laws are indeed left ambiguous for lawyers to have a field day .
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The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
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