D.F.C. Commission receives documents

The Commission of Inquiry into the Development Finance Corporation appears to be making some progress at last. The Chairman of the Commission, David Price, announced today that they have begun to receive the documents and records it requested from Troy Gabb, Chief Executive Officer of the D.F.C. Price says once the relevant documents have been received and authenticated under the rules set out by Section Eight of the Commission of Inquiry Act, the substantive inquiry will begin. This will examine the D.F.C. loan portfolios, its securitization programme, and its role in other securitization programmes. The Chairman says prospective witnesses will be notified and summoned to testify and the public will be informed of the schedule of public hearings shortly. At the moment, the Commissioners are still waiting for the appointment of the Forensic Auditor.