Hidden offshore treasures of rich and powerful revealed
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IHC suspends decision to remove NBP president, chairman BoD from posts
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The petitioner pointed out that Transparency International had highlighted corruption in NBP and its branches abroad were being closed down. Photo courtesy IHC website/File
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday set aside appointments of president of the National Bank of Pakistan Arif Usmani and chairman of its board of directors Zubair Soomro.
Justice Mohsin Akhtar Kayani on June 11 had reserved the verdict on a petition challenging the Jan 12, 2019 notification of these appointments.
The petition was filed by Syed Jahangir and others, who cited Establishment Division, Finance Ministry, State Bank of Pakistan and Arif Usmani as respondents in the case.