August 30, 2018 (LBO) – Former SEC Chairman Nalaka Godahewa has tweeted that the Stock Market in Sri Lanka performed much better when he was the head of the SEC. The tweet was met with opposition from several users who accused the former SEC Chairman of presiding over an era of pumping and dumping in the stock market.
When I resigned as chairman SEC in January 2015 the ASPI of @CSE_Media Stock Exchange was above 7300 mark. Today it is down to 6000 mark. In 2014 mkt gave 26.4% returns but 2017 only 1.3%. As per our 2020 vision document I had plans to take #srilanka to a $100 bn mkt cap. pic.twitter.com/bdjGq6aUZY
— Nalaka Godahewa (@GodahewaNalaka) August 29, 2018
Take LBO’s twitter poll to weigh in on Godahewa’s suitability as SEC Chairman:
Former Chairman of the SEC Nalaka Godahewa has commented that the stock market in Sri Lanka performed much better when he was SEC Chair. Is Nalaka Godahewa a good choice to lead the SEC?
— LBO 🇱🇰 (@lbolbr) August 30, 2018