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Director boards of BOC, Peoples Bank, BOI dissolved

2018-10-17 21:25:46
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The director boards of the Bank of Ceylon, Peoples Bank and Board of Investment (BOI) were dissolved by President Maithripala Sirisena with effect from midnight today, Presidential Media Unit said.

The decision has been taken after considering the acts of misappropriation said to have taken place in the said institutions.

Government sources said a thorough investigation would be conducted into the allegations of misappropriation in these institutions shortly. (Ajantha Kumara Agalakada)


  Comments - 57

  • rohantha Wednesday, 17 October 2018 21:42

    President in Action

    Reply : 14       87

    Mandy Wednesday, 17 October 2018 22:21

    All this time he was Missing in Action.

    Reply : 1       39

    chris Thursday, 18 October 2018 08:13

    has HE foiled the UNP goody goody loans scheme for election campaign?

    Reply : 2       23

    Shehan Thursday, 18 October 2018 08:14

    only hope 2020......

    Reply : 3       11

    Iver Thursday, 18 October 2018 10:17

    In Action???? more like waking up with haunting dream. Action requires planning and planning requires preparation and by looks of this, the only remaining element is "being panic"

    Reply : 0       12

    Modaya Wednesday, 17 October 2018 22:04

    Dissolve the government....

    Reply : 16       31

    Max Wednesday, 17 October 2018 22:22

    What a slap to PM! Could any country go forward with tug of war by the no. 1 and 2 of that particular country?

    Reply : 2       35

    BUSHEL Wednesday, 17 October 2018 22:32

    HOPE DEPOSITORS MONEY WILL BE SAFE

    Reply : 0       30

    AJ Wednesday, 17 October 2018 22:55

    Should have done this before...!! what a move

    Reply : 6       27

    karu Wednesday, 17 October 2018 23:05

    Ordinary people wherever they are normally complain on a few Rupees charged extra by a three wheel driver. But they have no choice with the Tuition master, doctor and lawyer.So called professionals in state sector are even more smarter as they rob the nation with no sense of shame.

    Reply : 1       30

    dulan Thursday, 18 October 2018 08:20

    Endorse. Next to politicians the bane is politicians and govt servants

    Reply : 0       13

    Jameel Haniffa Wednesday, 17 October 2018 23:30

    President making grave mistakes again and again, this time dissolving State Banks and BOI board of directors.President is doing all these things not for the betterment of our country or people, but to safeguard is crown.People needs to understand and correct themselves not to appoint Mr. Sirisena again to the highest post of this country.

    Reply : 16       34

    Summa Wednesday, 17 October 2018 23:38

    HaHaHa, ANOTHER investigation and maybe also a COMMISSION ?¿

    Reply : 0       20

    TONY Wednesday, 17 October 2018 23:39

    WHAT SORT OF MISAPPROPRIATION MR PRESIDENT???? IS HE INFLUENCED BY ANYONE

    Reply : 5       14

    Aliya Wednesday, 17 October 2018 23:49

    Please sack the Srilankan board it is ruining the compnay!

    Reply : 6       18

    Sofia Thursday, 18 October 2018 08:49

    This board is the only one doing well. They have done well after so long with relatives and friends ruining it.

    Reply : 3       15

    observer Wednesday, 17 October 2018 23:55

    What is the guarantee we have with the future board going to be better or even worse ??.

    Reply : 0       20

    Mandy Thursday, 18 October 2018 08:51

    Could be worse especially considering appointments made as ambassadors and secretaries of ministries by the Prez so far.

    Reply : 0       16

    shiran Thursday, 18 October 2018 00:01

    somebody has already being ready for 2020 some election. we will see lot of interesting things coming further. but finally, the decision will be in the hand of the general public. vote will be most powerful tool. but politicians can play in between.

    Reply : 0       15

    Coconut Republic Thursday, 18 October 2018 00:03

    Go president, ģo. You are doing well now

    Reply : 15       11

    sathees Thursday, 18 October 2018 00:08

    president is becoming President

    Reply : 13       13

    Buddhist Thursday, 18 October 2018 01:12

    Why is the President not taking swift action against the SLFP and UNP Mps who have and are robbing? Why is he not taking action against Rajapakse family, he can clearly see that the cases are being postponed every time they are called.

    Reply : 2       26

    Ram Thursday, 18 October 2018 01:42

    The other corrupt place SLT is going on. Please appoint honest professional and not your henchiyas

    Reply : 0       23

    Lal Thursday, 18 October 2018 05:48

    We will be replacing thieves with thieves anyway

    Reply : 0       25

    Deepal Edirisinghe Thursday, 18 October 2018 05:52

    He has taken correct decision though it's too late and too little, he should kickoff the useless ministers and give those ministries to young genuine MPs whom are more capable and dedicated to develop the country without corruption.

    Reply : 1       11

    Sunil Thursday, 18 October 2018 06:00

    The President has started to use his sword, belated though it may be.

    Reply : 6       6

    Ralahamy Thursday, 18 October 2018 06:07

    Please consider activities of National Savings Bank as well. Lots of loan transactions are being investigated involving officers whose interest goes beyond their call of duty.

    Reply : 0       9

    Sri Wickrema Thursday, 18 October 2018 06:11

    Is this action legal ?

    Reply : 2       14

    Riza Thursday, 18 October 2018 07:06

    The BOI Board was the worst ever. The Minister lost control of the Board with 3 director crooks who came from the corporate sector controlling things. They all should be investigated for corruption.

    Reply : 2       16

    Borat Thursday, 18 October 2018 07:15

    Welcome move but as usual will be puswedilla when known catchers are involved. Too much hot air

    Reply : 2       9

    Nikan-Sena Thursday, 18 October 2018 07:23

    Doing something no!!!

    Reply : 3       5

    Siyarata Thursday, 18 October 2018 07:31

    UNP will go to eternal political wilderness soon.

    Reply : 6       11

    Govinda Thursday, 18 October 2018 07:34

    Country going from bad to worse. Every department/boards and ministries are corrupted to the highest level.

    Reply : 1       16

    joshua Thursday, 18 October 2018 07:37

    so you sacked them without a thorough investigation? What kind of President we have ?

    Reply : 5       14

    Jaliya Thursday, 18 October 2018 07:38

    Elections are near the heat has ignited a fire under his ass.

    Reply : 1       9

    joshua Thursday, 18 October 2018 07:39

    So you sacked them without a thorough investigation? What kind of a President we have....So sorry for this country being ruined by these politicians. What action has taken against Ravi and other politicians with whom he is sharing the Parliament? All blady empty talk.

    Reply : 4       11

    Sambo Thursday, 18 October 2018 08:00

    So the president is stoking some one. Are we heading for a power change as said in the media.

    Reply : 0       8

    Dee Thursday, 18 October 2018 08:21

    A worse set will be appointed. This time they will prepare to rob to fund 2020

    Reply : 1       11

    jakob Thursday, 18 October 2018 09:35

    If done by HE then its good for the country otherwise,it might trying to make ready for game that done to Centralbank

    Reply : 1       1

    Nihal Thursday, 18 October 2018 09:41

    MS this is Totally Entirely CORRUPTED MAFIA INVESTED country for past 70 years Very difficult to stop all this MENANCE Use your EXECUTIVE powers act Tough

    Reply : 0       5

    ebrahim Thursday, 18 October 2018 09:57

    alert('Hacked')

    Reply : 0       0

    MARA Thursday, 18 October 2018 10:11

    Good moov.. your advisors are so fine at this point.. via DM Android App

    Reply : 1       1

    Lasantha de Silva Thursday, 18 October 2018 10:18

    Shame on you guys for accepting the jobs. Please do not accept political appointments any more if you have some self respect.

    Reply : 0       6

    Observer Thursday, 18 October 2018 10:24

    What is the assurance that the same ones will not be appointed back sooner than later?

    Reply : 0       2

    Samson Thursday, 18 October 2018 10:44

    There are institutions worse than these three. Please dissolve them and what about the cabinet and ministers?

    Reply : 0       1

    Vasa Thursday, 18 October 2018 10:45

    He rewarded a police sargeant with 1mn without any investigation,now he dissolves two Boards without any investigation,HE has lost his marbles.

    Reply : 0       1

    TONY Thursday, 18 October 2018 11:11

    WHAT ACTION DO YOU PROPOSE TO TAKE AGAINST CORRUPT POLITICIANS MR PRESIDENT?

    Reply : 0       2

    Nimal Thursday, 18 October 2018 11:25

    Reasons to dissolve? Block Enterprise Sri Lanka Loans scheme to poor in this country and reduce UNP votes ?

    Reply : 0       1

    kamal Thursday, 18 October 2018 11:27

    Prez should address the nation and tell his vision .PM also should tell his vision now.

    Reply : 0       2

    Wise Donkey Thursday, 18 October 2018 11:31

    It is not the president but MR in action behind the curtain.......

    Reply : 0       3

    Anton Thursday, 18 October 2018 11:34

    Why no NSB Bank ? Rs 2,000,000,000 ( $ 12,000,000) to import software from foreign country when Dollar increase.No one to question this?

    Reply : 0       3

    Lakmatha Thursday, 18 October 2018 11:41

    Prez stops Indian Foreign Direct Investments (FDIs) in SriLanka . Can he stops China FDIs to Hambantota Port and cancel it?

    Reply : 0       2

    MP Thursday, 18 October 2018 12:38

    Are you going to sell these state banks? Bandula MP earlier revealed that..is it?

    Reply : 1       2

    Maya Thursday, 18 October 2018 18:12

    President is running the show on his own. Like Hitler

    Reply : 0       1

    Harini Thursday, 18 October 2018 19:45

    Two thirds of the population of this country who haven't their hands in the cookie jar and are struggling to keep their children alive in the bold-faced arrogance of the haughty so-called representatives of the people are counting on you to also sack your entire corrupt parliament too. Thank you in advance.

    Reply : 0       1

    S.P.Ramkumar Thursday, 18 October 2018 21:53

    President is not doing with investors confidence. All chair of those institutes were appointed by The President of this country. If two leading banks were being mismanaged means who will give guarantee for depositors. Otherwise there is a reasonable doubt about presidents reason actions.President's bad comments on Sri Lankan airline matter will affect global sale on Sri Lankan tickets. We have to go for President election and Parliament elections like RAW wishes.

    Reply : 0       0

    will Thursday, 18 October 2018 22:09

    When timber cooperation ex-chairman Dasanayaka was got caught taking bribe with mahanama, chief of prez staff,HE ,removed dassanayaka and appointed, polgampola,another crook as chairman of STC, here this would happen?

    Reply : 0       1

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