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 United States has told Sri Lanka that the disposition of the Iranian naval vessel IRIS Bushehr and its crew is a matter for Colombo to resolve under its own laws and international obligations, while signalling it is in active talks with Sri Lanka to contain Iran’s threat to US interests.
The government today granted permission for an Iranian warship with 208 on board to enter the country.
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