Jan 27, 2022

Why was Micro Lawrence appointed to BOI Board of Directors? Featured

President Gotabhaya Rajapaksa has appointed a new Board of Directors to the Board of Investment of Sri Lanka.

They include Athula Saputhantri, President's Counsel Kushan de Alwis, Dr. Lawrence Perera and Jayamin Pelpola, a former member of the Board of Directors.

Raja Edirisuriya, the new chairman appointed by the President last month, will head the board.

However, the appointment of Dr. Lawrence Perera, Chairman of Micro Cars, to this Board of Directors has raised eyebrows in the business world.

Meanwhile, in his recent throne speech the President stated that he would give priority to the importation of electric cars in the future and in the meantime, it is said that there are suspicions about the appointment of Mr. Lawrence to this board of trustees.

Administration Director to also resign by the 31st!

Former BOI Chairman Sanjaya Mohottala and former members of the Board of Directors decided to resign on December 1, 2021.

However, the President had initially refused to accept their resignations.

Meanwhile, it is reported that the Director General who was in charge of the administration of the Board of Investment will resign on January 31, 2022.