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Investegate |Quilter PLC Announcements | Quilter PLC: Directorate Change


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Fight between SNGPL BoD and director reaches energy ministry


Fight between SNGPL BoD and director reaches energy ministry
July 29, 2021
ISLAMABAD: In a rare move, the chairperson of SNGPL’s board of directors has brought into the notice of Energy Ministry the alleged questionable role of company’s director Ahmad Aqeel, who has emerged “as a saboteur” in all board proceedings just to save his skin in the ongoing probe into his Related Party Transactions (RPT).
In a letter written on July 15, 2021 by Ms Roohi Raees Khan, Chairperson of SNGPL board of directors (BoDs), to Federal Energy Minister Hammad Azhar, she mentioned that the Board Audit Committee (BAC) has made serious observations on the dealings of Director Ahmad Aqeel, who has been on the SNGPL Board for the last 10 years. He is a proxy holder of a large business group, and is a director on the boards of many companies of the said business group. ....

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