The entire Board of Directors of the Consumer Affairs Authority (CAA), along with its Chairman, Attorney-at-Law Shantha Niriella, has tendered their resignations.
The announcement came after Trade Minister Nalin Fernando revealed that the 15-member Board, led by Niriella, had stepped down in response to a directive issued by the ministry.
The resignations were prompted by a notification from the ministry, which mandated the Board to vacate their positions. The exact reasons behind the directive remain undisclosed, leaving stakeholders curious about the underlying motivations.
However, Minister Fernando assured that the appointment of a new Board of Directors is scheduled for Monday, hinting at an impending restructuring within the organization. This unexpected development suggests potential shifts in governance or policy dynamics within the consumer regulatory framework.
