Hula In Hot Waters At Commercial Bank AGM

At the Annual General Meeting of  Commercial Bank, a shareholder has reportedly raised a question as to why a person with a 'suicidal trackcord' is being kept as a Director of the bank.

He was referring to Lakshman Hulugalle, who is a member of the board of directors of Commercial Bank.

Following the question, the rest of the members of the board found themselves at an embarrassing position as they could not come up with an appropriate answer.

It was in the grapevine that Hulugalle was hospitalized on two occassions in the recent past after alleged suicide attempts.

The Annual General Meeting of the bank was held at Galadari Hotel Colombo on March 31.