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Mr Bodu said his proposals would lead to a "clear demarcation between the chairman and the chief executive".
BBC: Corporate governance report
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The report, written by Romanian centre-right MEP Sebastian Bodu, urges the European Commission to come up with an EU-wide code of conduct to be followed by major European companies.
BBC: Corporate governance report
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At their recent rallies, the most prominent new hardline group, the Buddhist Strength Force (Bodu Bala Sena, BBS) have used coarse, derogatory language to describe Muslim imams and have told the Sinhalese majority not to rent property to Muslims.
BBC: The hardline Buddhists targeting Sri Lanka's Muslims