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http://lankanewsweb.net/news/9760-unjust-removal-should-be-restored-at-securities-exchange-commission
The introduction of a series of regulations to eradicate specific malpractices perpetrated by a small but powerful individuals connected to the Rajapakses , who were manipulating the Stock Market for their personal benefit and at the expense of the country resulted in the in removing of Indrani Sugathadasa, Thilak Karunarathne and Malik Cader from Office by the previous President, who succumbed to the pressures of this coterie of manipulators. The former president and his son Namal should at least now realize that the so called friends took them and the country for a good ride
The opportunity is right to explain the modus operandi of this Mafia, and bring them to books for the damage they created in the Market and safe guard the future and offer a level playing field to the smaller Players of the Stock Market.
It is reliably understood that the Prime Minister Ranil Wickremasinghe is seriously considering bringing one of them to head the SEC much to the fear of the coterie of manipulators.
Source : Lankanewsweb
Special Note - Since these 3 left SEC ASPI has grown from 4600 to 7500. They didnt have a clue how to handle the rapid and unrealistic market growth when they were in hot seats. They brought so many ad hock regulations like price bands during their tenure starting long long long crash of the market. They thrived on a media show but could solve the problem. Billions got wiped out from market. So many investors lost money. Thank you Malik Thilak and Indrani. Just the three we want back now.
The introduction of a series of regulations to eradicate specific malpractices perpetrated by a small but powerful individuals connected to the Rajapakses , who were manipulating the Stock Market for their personal benefit and at the expense of the country resulted in the in removing of Indrani Sugathadasa, Thilak Karunarathne and Malik Cader from Office by the previous President, who succumbed to the pressures of this coterie of manipulators. The former president and his son Namal should at least now realize that the so called friends took them and the country for a good ride
The opportunity is right to explain the modus operandi of this Mafia, and bring them to books for the damage they created in the Market and safe guard the future and offer a level playing field to the smaller Players of the Stock Market.
It is reliably understood that the Prime Minister Ranil Wickremasinghe is seriously considering bringing one of them to head the SEC much to the fear of the coterie of manipulators.
Source : Lankanewsweb
Special Note - Since these 3 left SEC ASPI has grown from 4600 to 7500. They didnt have a clue how to handle the rapid and unrealistic market growth when they were in hot seats. They brought so many ad hock regulations like price bands during their tenure starting long long long crash of the market. They thrived on a media show but could solve the problem. Billions got wiped out from market. So many investors lost money. Thank you Malik Thilak and Indrani. Just the three we want back now.
