{"id":55835,"date":"2017-10-12T19:07:24","date_gmt":"2017-10-12T23:07:24","guid":{"rendered":"http:\/\/dbsjeyaraj.com\/dbsj\/?p=55835"},"modified":"2017-10-12T19:09:27","modified_gmt":"2017-10-12T23:09:27","slug":"ravi-karunanayakes-brother-in-law-tmr-bangsa-jayah-sacked-from-sri-lanka-insurance-joint-managing-director-post-by-state-enterprises-development-minister-kabir-hashim","status":"publish","type":"post","link":"https:\/\/dbsjeyaraj.com\/dbsj\/?p=55835","title":{"rendered":"Ravi Karunanayake&#8217;s Brother -in -law TMR Bangsa Jayah Sacked From Sri Lanka Insurance Joint Managing Director Post By State Enterprises Development Minister Kabir Hashim"},"content":{"rendered":"<p><strong>Sri Lanka&#8217;s state-run insurance giant has sacked its Joint Managing Director T. M. R. Bangsa Jayah, the brother-in-law of former finance minister Ravi Karunanayake, officials said today.<\/strong><\/p>\n<p>Bangsa Jayah, an appointee of Karunanayake, refused to step down to allow the ministry of State Enterprise Development carry out a restructuring of Sri Lanka Insurance (SLC) forcing his sacking, the official said.<\/p>\n<p>&#8220;The minister (Kabir Hashim) has decided to make SLC more effective by getting a professional management team,&#8221; the official said. &#8220;For that to take effect, everyone was asked to step down, but Mr. Bangsa Jayah refused.&#8221;<\/p>\n<p>He was given marching orders following a board meeting on Wednesday evening. He is expected to be expelled from SLC board too. SLI chairman Hemaka Amarasuriya is to be retained as chairman of SLI.<\/p>\n<p><!--more--><\/p>\n<p>The sacking of Bangsa Jayah comes in the wake of a suspension of another Karunanayake appointee, Shalil Munasinghe, who headed the SLC subsidiary Litro Gas.<\/p>\n<p>Munasinghe was arrested earlier this week in connection with a 1.3 million dollar Taiwan bank robbery following a hacking attack against the financial institution last week.<\/p>\n<p>Much of the stolen money had been wired to accounts Munasinghe had set up.<\/p>\n<p>Police said yesterday that the entire loot that was wired to Sri Lanka has now been recovered and steps will be taken shortly to repatriate the cash to Taiwan.<\/p>\n<p><em>Courtesy:ECONOMYNEXT<\/em><\/p>\n<div id=\"tweetbutton55835\" class=\"tw_button\" style=\"float:right;margin-left:10px;\"><a href=\"http:\/\/twitter.com\/share?url=https%3A%2F%2Fdbsjeyaraj.com%2Fdbsj%2F%3Fp%3D55835&amp;text=Ravi%20Karunanayake%26%238217%3Bs%20Brother%20-in%20-law%20TMR%20Bangsa%20Jayah%20Sacked%20From%20Sri%20Lanka%20Insurance%20Joint%20Managing...%20&amp;related=&amp;lang=en&amp;count=horizontal\" class=\"twitter-share-button\"  style=\"width:55px;height:22px;background:transparent url('https:\/\/dbsjeyaraj.com\/dbsj\/wp-content\/plugins\/wp-tweet-button\/tweetn.png') no-repeat  0 0;text-align:left;text-indent:-9999px;display:block;\">Tweet<\/a><\/div>","protected":false},"excerpt":{"rendered":"<p>Sri Lanka&#8217;s state-run insurance giant has sacked its Joint Managing Director T. M. R. Bangsa Jayah, the brother-in-law of former finance minister Ravi Karunanayake, officials said today. Bangsa Jayah, an appointee of Karunanayake, refused to step down to allow the ministry of State Enterprise Development carry out a restructuring of Sri Lanka Insurance (SLC) forcing &#8230;<\/p>\n<p><a href=\"https:\/\/dbsjeyaraj.com\/dbsj\/?p=55835\" class=\"more-link\">Continue reading &lsquo;Ravi Karunanayake&#8217;s Brother -in -law TMR Bangsa Jayah Sacked From Sri Lanka Insurance Joint Managing Director Post By State Enterprises Development Minister Kabir Hashim&rsquo; &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/55835"}],"collection":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55835"}],"version-history":[{"count":1,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/55835\/revisions"}],"predecessor-version":[{"id":55836,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=\/wp\/v2\/posts\/55835\/revisions\/55836"}],"wp:attachment":[{"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dbsjeyaraj.com\/dbsj\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}