Business Standard

NSB head quits over share deal; mkt regulator for firm action

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Press Trust of India Colombo

Finance Ministry sources confirmed that NSB Chairman Pradeep Kariyawasam has tendered the resignation.

Since late April, the stock market has been rocked by the multi-million rupee share transaction prompting intervention by president Mahinda Rajapaksa.

Market players and opposition groups cried foul over the National Savings Bank

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First Published: May 21 2012 | 4:35 PM IST

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