Nalaka Godahewa, Chairman of Sri Lanka's Securities and Exchange Commission (SEC) who courted a lot of controversy, quit on Friday, informed sources said.
The move came after a new President, Maithripala Sirisena took office under a new administration that has vowed to eliminate corruption and act firmly against wrongdoers.
Godahewa was appointed SEC chairman in August 2012 under controversial circumstances after two of his predecessors, Indrani Sugathadasa and Thilak Karunaratne, resigned within 12 months following intense pressure from a group of influential investors, dubbed later as the ‘stock market mafia'.
The former SEC chair was also involved in a controversy surrounding the Krrish land deal.
The Gaza war started on October 7, 2023, following the Hamas attack on a southern Israeli border town. Some 1200 people died, while Hamas took 250 Israelis as hostages.
History often has a way of repeating itself, sometimes by shaping similar personalities that seem destined to converge
On his second death anniversary, we pay our deepest respect and heartfelt tribute to General Lionel Balagalle, an illustrious son of Sri Lanka, a noble soldier, and an exemplary leader whose vision, dedication, and humility have left an indelible mark on the Sri Lanka Army and our nation.
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