President to intervene in market affairs again

18 Jul 2012 - {{hitsCtrl.values.hits}}

The Commissioners of the Securities and Exchange Commission (SEC), Director Board of Colombo Stock Exchange (CSE), members of the Colombo Stock Brokers Association (CSBA) and several high networth stock market investors have been called for a special meeting by the PresidentMahinda Rajapaksa to discuss the current situation of the Colombo bourse, Mirror Business reliably learns.

According to informed sources, letters have been sent to the above bodies by the Presidential Secretariat calling for a special meeting which is to be held this Friday at 10.30 am.

Amongst the high net worth investors invited are, Dhammika Perera, Nimal Perera, Dilith Jayaweera and Ajith Devasurendra.

This will be the second time the country’s President interceding in matters regarding the Colombo bourse directly.

President Rajapaksa met with brokers and some powerful high net worth investors for the first time in November, last year, which ultimately resulted in the resignation of the then ‘no- nonsense’ SEC Chairperson, Indrani Sugathadasa and Director General Malik Cader. (MIrror Business)

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President to intervene in market affairs again

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