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Malik might go: SEC Chairperson

2 November 2011 08:17 am - 1     - {{hitsCtrl.values.hits}}

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Securities and Exchange Commission (SEC) Director General Malik Cader has been offered a senior position in the Finance Ministry and he may accept it if his service is required immediately, SEC Chairperson, Indrani Sugathadasa told Mirror Business Online a while ago.

She was responding to a question in relation to a strong rumour that has been doing the rounds since morning that the SEC DG has tendered resignation.

“For the moment he hasn’t given resignation. He has been offered the post of Senior Advisor, Capital Markets at the Finance Ministry and he might take it if his service is immediately demanded by the Ministry Secretary,” Sugathadasa added.

It is believed that several powerful and influential investors are trying to oust Cader charging he is responsible for the present downturn in the Colombo bourse.

So far the market indices have gone up by 3 per cent, reacting to the speculation. (IS)


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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • anon Thursday, 03 November 2011 12:13 PM

    all the good men .............


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