SLID ‘Saying No to Corruption’ forum on 9 June

Thursday, 28 May 2015 01:34 - - {{hitsCtrl.values.hits}}

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With freedom of media comes the detailed media coverage of the corruption and abuse of power deep-rooted in society. The recent disclosures in the media make it incumbent on all corporates and their boards of directors in particular to take meaningful steps in their sphere of influence to support and actively participate in the eradication of corruption.

The ills of corruption are well known. Corruption distorts markets and creates unequal playing fields. It results in sub optimal use of a country’s resources; including tax payer’s monies. It is opportune to question whether the business sector is in fact aiding its continuity.

What are the measures corporates can reasonably take to eradicate corruption? Would reducing discretion be the way forward? What is the balance between removing opportunities for corruption and slowing down decision making? Should there be self-regulation by individuals, corporates and public officials? How difficult is it to tread the fine line and face the consequences?

Recognising the importance of these questions, the Sri Lanka Institute of Directors will be holding another Power Evening, a public forum captioned ‘Saying No to Corruption! Can corporates draw the fine line?’ on 9 June at The Kings Court, Cinnamon Lakeside Colombo. The forum will have the Ambassador and Head of the European Union Delegation to Sri Lanka and the Maldives David Daly as the keynote speaker and Dr. Anila Dias Bandaranaike, former Assistant Governor of the Central Bank of Sri Lanka, Ronnie Peiris, Group Finance Director – John Keells Holdings PLC and J.C. Weliamuna, Group Director of Transparency International Sri Lanka. It will be moderated by Dr. Rohan Samarajiva, Economist and Founding Chair of LIRNEasia.

The forum will address the real issues and the experts will voice their thoughts on how the corporate community should make their voices heard to say “no” to corruption.

The participation fee will be Rs. 4,000 for members and Rs. 4,500 for non-members. For registrations and more information please contact the SLID Secretariat on 2301646/8 or via email [email protected].