The Speaker yesterday allowed the United National Party (UNP ) to move a motion summoning former Securities and Exchange Commission (SEC ) Chairman Thilak Karunaratne to the parliamentary Committee on Public Enterprises (COPE ) to obtain details on insider trading in the Colombo Stock Market.
Mr. Karunaratne resigned from his post last Friday saying that pressure from certain quarters was making it difficult for him to function as SEC Chairman.
Mr. Karunaratne resigned from his post last Friday saying that pressure from certain quarters was making it difficult for him to function as SEC Chairman.
UNP front-liner Ravi Karunanayake said Mr. Karunaratne had resigned at a time when COPE was examining a number of questionable transactions. The parliamentary standing orders do not provide for the summoning of former and retired heads of state institutions.
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