SLIC MD may have to quit over corruption allegations
Sri Lanka Insurance Corporation (SLIC) Managing Director/CEO Mohan de Alwis and a few other officials may have to quit following allegations of corruption and mismanagement, trade union sources said.
Unions on Thursday held a protest on Wednesday at the corporation office against the top management accusing them of corruption and mismanagement among other issues. The unions have been protesting over the past two weeks over this issue demanding the officials be sacked. On Thursday, the unions told a media briefing that they had expressed their concerns to Treasury Secretary Dr. P.B. Jayasundera who had assured them that these officials would be discontinued.
Mr. De Alwis was not available for comment with his mobile phone playing a recording which said he was overseas.
Officials from the Sri Lanka Insurance Corporation Trade Union Federation told reporters that their union action has been partially successful as Dr. Jayasundera, at a meeting with the unions on Thursday, agreed to remove the Managing Director and four other top management cadre of the SLIC on large scale fraud and corruption allegations.
Earlier when the decision of Dr. Jayasundera was not forthcoming the Union Federation pulled out all the workers of the head office on strike on October 9 until the former agreed to remove the officials concerned.
Sanath de Silva, Union Federation General Secretary told the Business Times that the workers partially won their struggle and now would further agitate for the government to probe into the allegations of fraud and corruption committed by these officials and to mete out appropriate punishment, if found guilty.