PM Khan orders immediate removal of SECP Chairman Shaukat Hussain

By MG News | October 03, 2018 at 11:27 AM GMT+05:00

0:00

October 03, 2018 (MLN): Prime Minister Imran Khan has issued directives to immediately remove Securities & Exchange Commission Pakistan (SECP) chairman Shaukat Hussain, from the rank.

According to local media reports, the Ministry of Finance presented an account of Abbasi’s appointment before Khan, declaring that the SECP chief’s appointment is illegal and he was promoted thrice in a span of four months.

The document disclosed that Abbasi abetted Zafar Hajazi, who is accused of altering the record of mills owned by Sharif family. Khan was further apprised that Abbasi provided misleading information in the Panama Papers case.

In light of these disclosures, Khan approved the dismissal of Shaukat Hussain Abbasi from chairmanship of SECP.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	131,949.07 198.95M	0.97% 1262.41
ALLSHR	82,069.26 730.83M	0.94% 764.01
KSE30	40,387.76 80.88M	1.11% 442.31
KMI30	191,376.82 77.76M	0.36% 678.77
KMIALLSHR	55,193.97 350.11M	0.22% 119.82
BKTi	35,828.25 28.42M	3.64% 1259.85
OGTi	28,446.34 6.84M	-1.02% -293.01

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,125.00	110,525.00 107,865.00	-2290.00 -2.07%
BRENT CRUDE	68.51	68.89 67.75	-0.29 -0.42%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	106.00	106.00 105.85	-2.20 -2.03%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.50	67.18 66.04	-0.50 -0.75%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%