Although President Maithripala
Sirisena has announced the dissolvement of Boards Of Directors of Board Of Investment (BOI) ,People's Bank and Bank Of Ceylon with effect from midnight on last Thursday,(17) Boards Of Directors and heads of these institutions not have resigned or removed from their posts up to now it has been reported.
The Board Of Investment is belongs to the Ministry of Development Strategies and International Trade and People's Bank and Bank Of Ceylon belongs to Ministry of Public Enterprises and Kandy City Development and the respective Ministers of these Ministries ,Malik Samarawikrama and Lakshman Kiriella have not even requested the Board of Directors and heads of these Institutions to resign from their posts according to reports.
The Respective Mimisters have appointed the Boards of Directors and Heads of these Three financial Institutions.On the other hand President has no power to dissolve Boards Of Directors of these Institutions as stated sources have said.
Also as President has stated no complaints have been received by the higher authorities on misuse of State Funds in these institutions.
Meanwhile governing United National Party is due to discuss on the sudden announcement made by President Sirisena over the dissolvement of Boards Of Directors of three financial institutions.
The Board Of Investment is belongs to the Ministry of Development Strategies and International Trade and People's Bank and Bank Of Ceylon belongs to Ministry of Public Enterprises and Kandy City Development and the respective Ministers of these Ministries ,Malik Samarawikrama and Lakshman Kiriella have not even requested the Board of Directors and heads of these Institutions to resign from their posts according to reports.
The Respective Mimisters have appointed the Boards of Directors and Heads of these Three financial Institutions.On the other hand President has no power to dissolve Boards Of Directors of these Institutions as stated sources have said.
Also as President has stated no complaints have been received by the higher authorities on misuse of State Funds in these institutions.
Meanwhile governing United National Party is due to discuss on the sudden announcement made by President Sirisena over the dissolvement of Boards Of Directors of three financial institutions.
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