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PCoI to get 3-month extension?

16 October 2017 09:01 am - 4     - {{hitsCtrl.values.hits}}

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It has been reported that the Presidential Commission of Inquiry (PCOI) into the alleged irregularities that took place at the bond issue in February 2015 and March 2016 could be extended by a further three months after getting the permission of President, Maithripala Sirisena to do so.

This was as it was thought that more time was needed to complete the investigations into the case before a final report could be handed over to the President in this regard.

The Presidential Commission was appointed by the President last February for investigating the bonds issued between February 1 2015 and March 31 2016.(Manopriya Gunasekera and Ranjan Katugampola)

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  Comments - 4

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  • Arthur Monday, 16 October 2017 11:06 AM

    Looks like it's a never ending investigation.

    Snowy Monday, 16 October 2017 11:08 AM

    The PCol has to be extended until the end of this parliamentary term. If not bank worldwide are at risk and so is our hard earned many.

    Premalal Monday, 16 October 2017 11:55 AM

    Now that we are at it, better have a comprehensive investigation rather than a partly baked one. After all billions of Rupees surely can wait for another three months or even more if required.

    smartgent Tuesday, 17 October 2017 12:05 PM

    The entire country is paralyzed with so much of piblicity given to this investigation. This is the subject in everyone's mouth. The PCOL had been given sufficient time to conclude this case and their intimation to the media that there are only two witnesses to be heard before its conclusion. Therefore, it is not necessary to extend the tenure of PCOL. The three judges and the AG's Dept can work behind doors analyzing the proceedings and submit the report to the President.


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