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.
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Anura Kumara Dissanayake is so far leading by securing (52.5%) while Sajith Premadasa secured (21.5 % ) and Ranil Wickremesinghe (19.2%) trailing behind. Meanwhile, independent candidate Ariyanethirnan Pakkiyaselvam secured the Nallur Electorate.
In a formal address, President Ranil Wickremesinghe acknowledged the people’s mandate in the 21st presidential election and announced the transition of leadership to President-elect Anura Kumara Dissanayake.
The Supreme Court has suspended the payment of Rs. 150 million to a construction company that was arranged unlawfully, allegedly under the instruction of Minister Bandula Gunawardhana.
Dr Nandika Sanath Kumanayaka has been appointed as the Secretary to the President.
Mr. K. Ananda Wijepala has been appointed as the private secretary to President Anura Kumara Dissanayake.
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