Harassment allegations leveled against TRG's Chishti

News Image

MG News | November 17, 2021 at 01:20 PM GMT+05:00

0:00

November 17, 2021 (MLN): The share price of The Resource Group (TRG) has drastically declined by Rs9.78 or 7.59% in a day after the news appeared on media about the accusation of sexual harassment and assault by a former employee on Zia Chishti, the Chief Executive of Afiniti, a subsidiary of TRG.

 Currently, the stocks of the company are trading at Rs120.67 per share. 

As per details, on Tuesday, Tatiana Spottiswoode, a law student at Columbia Law School, shared her experience of sexual assault by Zia Chishti with the members of Congress.

After her resistance, he initiated arbitration against her and her father separately, and later in May 2019 when her arbiter ruled in favor of Spottiswoode, he offered to pay $1m to erase the ruling, US media reported. 

According to the report by Financial Times, the software house, Afiniti investigated Ms. Spottiswoode’s claims with independent counsel wherein it concluded that the arbitral decision she referred was incorrect while Zia Chishti has strongly refuted all accusations against him. 

It is pertinent to mention here that Mr. Chisti was also awarded Sitara-e-Imtiaz in 2018 for his services rendered for the IT sector of Pakistan. 

To get a company's response on the same, MG News contacted TRG for a comment and is still awaiting their reply.

Afiniti is an American call centre technology company advised by former UK prime minister David Cameron. Primarily, the company matches callers with call centre agents through software and the major clients of the company include Virgin Media and Sky, UK-based companies.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 154,292.26
213.82M
2.85%
4276.09
ALLSHR 92,658.58
393.53M
2.77%
2494.23
KSE30 46,904.87
134.91M
3.12%
1418.41
KMI30 221,684.42
82.94M
3.18%
6829.77
KMIALLSHR 60,187.46
166.61M
3.32%
1934.26
BKTi 42,971.02
70.64M
2.76%
1155.99
OGTi 32,492.05
13.03M
5.29%
1631.20
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,700.00 74,895.00
70,935.00
-2985.00
-4.00%
BRENT CRUDE 107.20 109.95
100.34
3.78
3.66%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.95
-10.73%
ROTTERDAM COAL MONTHLY 121.50 121.50
120.85
-0.15
-0.12%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 95.90 98.67
91.45
0.37
0.39%
SUGAR #11 WORLD 14.82 14.84
14.35
0.37
2.56%

Chart of the Day


Latest News
March 18, 2026 at 04:44 PM GMT+05:00

SECP begins consultation on T+1 settlement transition


March 18, 2026 at 02:50 PM GMT+05:00

PKR posts marginal gain vs USD


March 18, 2026 at 02:17 PM GMT+05:00

Bank deposit rate rises by 7bps in Feb



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg