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SEC Chairman resigns

Friday, 17 August 2012 15:57

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SEC Chairman Thilak Karunarathne tendered his resignation a short while ago, SEC officials said

Karunarathne ended a week of speculation about his resignation, tendering his resignation to the Ministry of Finance, sources said.

Meanwhile Sri Lanka's Finance Ministry said today it has still not decided on a replacement for the Securities and Exchange Commission chief as his resignation has not been accepted by President Mahinda Rajapaksa, Reuters reported. (I.S)

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Comments

-5+62 # Roger 2012-08-17 16:06

You have taken the most Honorable Decision in sake of the Future of SL

-28+24 # weha 2012-08-17 16:37

When people start getting old they get the urge that they should make good with their creator. think this is also one instance of that. that will also explain to you why some people do a few good things just before they retire after all the bad stuff they have done.

-35+20 # Realist 2012-08-17 16:47

He is a buddhist and there is no creator in buddhism. Christians of course may have grouses against him when considering his activities in SU and JHU.

-8+49 # weha 2012-08-17 16:52

Ha Ha dude. In any religion doing the wrong thing or staying with the people who does wrong things is equally bad.
I don't think he didn't know anything about it. he just got smarter and wanted out of it before it became ugly.
and doing a few good things while doing a lot of bad things still doesn't make you a 'Upasaka'
and yes you can use what ever religious logic you want for that :)

-2+4 # Sammy 2012-08-18 11:27

If he had wanted to take advantage of this position he could have, by placating those powerful people behind all the misdemeanours. He resigned from the SU & JHU when he felt they were going astray and now he has resigned when his conscience did not permit hanging on, just like the previous office holder. Who does not make mistakes?

-0+0 # weha 2012-08-18 16:50

You think he didn't know at all what working with these people really meant? you think he thought he could work honestly? dude don't be stupid. he exactly knew what he was walking in to.

-6+87 # willows 2012-08-17 16:08

honorable people cannot last long in this political wilderness??

-1+0 # kumaraya 2012-08-18 14:44

Never mind the honour or dishonour; what is going to happen to the Stock market, its investors and the image of Sri Lanka?

-6+74 # K.V.Wajira Hemantha 2012-08-17 16:10

A gentleman leaves like a gentleman !!1 Good luck for your Future,,,,,,

-7+64 # Ken 2012-08-17 16:13

A Victim of Politicised Business

-8+61 # Nodrog 2012-08-17 16:22

Proves that there is no place for honest people or anyone who is not a yes-man

-3+28 # Sudubanda 2012-08-17 18:58

If you are honest... difficult to survive in this country.

-4+1 # peeda mossa 2012-08-17 22:23

Dr. Tilak should have battled on until he was fired. Then the public would have had the chance of witnessing whether these manipulators are really powerful enough to force the hand of even the president. Had he done so, it would have been an inestimable service to our nation.

-0+13 # Calistus Jayatilleke 2012-08-18 11:33

Rather than a question of honesty or dishonesty of an incumbent, this resignation is an indication of the general breakdown of law and order in the country. The Regulator is obviously captured by the Mafia who are well protected and safeguarded by the powers that be just like they protect the rapists and murderers among them. This resignation will now pave the way for the appointment of a member of the Mafia itself to fill the vacancy. And then they will all live happily ever after!

-5+6 # Dunya 2012-08-18 11:53

Thilak is honourable Gentleman and a respectable Sinhala Budhist.Good that he resigned with self-respect intact.

-2+1 # oscar kenneth 2012-08-18 12:18

he would have done this long time back

-0+2 # Jagath Leanage 2012-08-18 14:11

Nobody can rescue share market.

-0+0 # Lunudehi 2012-08-18 14:25

You can’t sore like an eagle when you have to slog with goose!

-0+0 # Game Kolla 2012-08-18 15:15

Are these roughs in stock market above the law? Why can't our finance minister to take strong action against this BUSINESS CROOKS?

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