BusinessFollowing his resignation on Wednesday as a director of most Dhammika Perera-controlled companies, Nimal Perera, a powerful businessman during the Mahinda Rajapaksa-led administration, sent more tongues wagging when he stepped down as chairman /non-executive director at two more firms on Thursday as announced to the Colombo stock market. This move is widely seen as a falling out with his mentor-influential senior businessman Dhammika Perera, market sources said. On Wednesday he resigned from Hayleys, Haycarb, Kingsbury, Amaya Leisure and Talawakelle Plantations, and also as Managing Director of Royal Ceramics. The sources said that Nimal Perera had left the duo, led by Dhammika Perera, which widely credited for unconventional forays into powerful businesses culminating with the virtual take-over of the Hayleys Group. In recent years however relations between the two have been strained.

Source: Sunday Times March 09, 2017 07:18 UTC