PORT OF SPAIN, Trinidad - CAL chairman Rabindra Moonan yesterday defended his board’s decisions in the midst of financial challenges. The six-year-old state company has found itself managing a billion-dollar debt and having to write off millions in losses owing to mismanagement of the company’s cargo revenues and credit card fraud. In a telephone interview with the Express yesterday, Moonan said the board had “settled down” and was trying to take the organisation forward.