Meanwhile, a source closed to the deal said a cabinet appointed sub-committee has finalized most of the provisions in a new agreement to be signed with the buyer of the NTT stake.
The committee has met several times and Malaysians as well as a Sri Lankan national representing Usaha Tegas had made submissions to the committee.
Both parties wanted the right to appoint the chief executive, but a compromise may be worked out by providing for a bi-annual review, sources said.
Though a sale of a stake in a listed company, by a private party would not usually attract allegations of government corruption, NTT's sale of Sri Lanka Telecom has become a controversial issue.
This is because the government's nod is needed for a new investor to buy N