Attorney-at-Law Nissanka Nanayakkara has been appointed as the new Chairman of Litro Gas Lanka Limited, the post left vacant following the removal of Shalila Moonesinghe.
The appointment has been made by the Chairman of Sri Lanka Insurance Corporation, Hemaka Amarasuriya, based on the recommendation of the Ministry of Public Enterprise Development.
Nanayakkara, a senior lawyer and President’s Counsel, was appointed to the position following the removal of his predecessor Mr Moonesinghe, who was recently arrested under Money Laundering Act.
Moonesinghe was among several suspects arrested by police in Sri Lanka over the alleged money transfer of USD 1.1 million from Far Eastern International Bank of Taiwan to their personal account in Sri Lanka. He is currently in remand custody.
On Wednesday (11), the Secretary to the Ministry of Public Enterprise Development Ravindra Hewavitharana directed the Chairman of Sri Lanka Insurance Corporation Limited to remove Mr Shalila Moonesinghe from the post of Chairman of Litro Gas Lanka Limited.
Litro Gas Lanka Limited is a fully-owned subsidiary of Sri Lanka Insurance Corporation (SLIC) which falls under the purview of the Ministry of Public Enterprise Development.
The SLIC Chairman was also been instructed to appoint an Acting Chairman as soon as possible.
(under the courtesy of adaderana news web)