Minister of Trade Bandula Gunawardena has taken action to remove the chairman of Lanka Sathosa, Nushad Perera, with immediate effect under instructions from President Gotabaya Rajapaksa. The Chairman was alleged to have caused substantial losses to the government through a sugar racket by joining forces with a notorious company.
It is reported that Bhadrani Jayawardena, the Secretary to the Ministry of Trade, has been appointed as the acting Chairman of Lanka Sathosa.
Sources say that Nushad Perera has been informed to resign immediately from the post by the Ministry of Trade.
The notorious company as well as Nushad Perera have been engaging in this racket without any hindrances by abusing the President's name to intimidate top officials at the Ministry of Trade.
Minister Bandula Gunawardena had recently met with the President and expressed his grave concerns regarding this matter.
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