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Monday, 16 October 2017 - 18:58
Bond Commission seeks another extension - sources
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Sources close to the Presidential Commission of Inquiry probing the Central Bank bond scam stated that it has sought President’s approval to further extend its term for the third time.

At the same time, testifying before the Commission Monetary Board member Nihal Fonseka said although the Monetary Board has the powers to change the interest rate, it was changed by former Central Bank Governor Arjuna Mahendran.

Meanwhile, the Bond Commission ordered the Private Secretary of Arjun Aloysius, Steve Samuel to definitely appear before Commission tomorrow (17).

Samuel had been ordered to appear before Commission on last Thursday but he was hospitalized following a chest pain.

Samuel has been discharged from hospital later.

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