News

President rejects BOI Chairman and others’ resignations

BY Shenal Fernando

The Presidential Secretariat has, through letters signed by the Secretary to the President Dr. P.B. Jayasundara, informed all Board of Investment (BOI) members who resigned last week that President Gotabaya Rajapaksa has refused to accept their resignations, The Morning learns.

The letters, dated 2 December 2021 and as seen by us, had been served to the BOI Chairman, Director General (DG), and three Directors who had resigned from their posts last Thursday (2) via letters sent to the Presidential Secretariat.

These letters sent to each of the resigned BOI members had informed them that the President had refused to accept their resignation letters and wished for them to continue their services as Board Members of the BOI. It further stated that the President had the highest confidence in their ability to effectively contribute in promoting foreign investments in the best interests of the country and to help with post-Covid recovery.

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