Saturday, 9 September 2017

Bank of Khyber MD to challenge dismissal

Bank of Khyber MD to challenge dismissal

K-P govt decided to fire Qayyum for public spat with JI minister. PHOTO: EXPRESS

Shamsul Qayyum, the managing director of the Bank of Khyber (BoK), has decided to challenge in court an order by the Khyber-Pakhtunkhwa government which fired him. The K-P finance department had issued a notice terminating Qayyum’s services over a public spat he had with K-P Finance Minister, Jamaate-Islami’s Muzaffar Said last year. The move came just 18 days before Qayyum’s term as MD was set to expire.
Qayyum had published an advertisement in newspapers in April last year against the Said, alleging that the finance minister indulged in corruption, illegal appointments, and utilising the bank’s resources for his party and interfering in the bank’s matters.

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