Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Appointment of Governor SBP: IHC issues notices to respondents

byCT Report
06/11/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Islamabad High Court (IHC) Monday issued notices to Secretary Finance Division and Tariq Bajwa in a plea challenging his appointment as Governor State Bank of Pakistan (SBP).

Justice Miangul Hassan Aurengzeb also sought reply from the respondents within a month while hearing a plea moved by 23 Senators through their counsel Sardar Muhammad Latif Khan Khosa.

You might also like

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

19/10/2026

“Young entrepreneurs can reshape Pakistan’s economic future”

17/10/2026

During the course of proceedings, Mr Khosa alleged that the appointment of Tariq Bajwa as Governor SBP dated 7 July 2017 was unlawful and void ab-initio and liable to be set aside.

He alleged that selection of the best person for the job with right qualification and experience had been ignored in the present case.

Though no qualification criteria was laid down in the SBP act but his function and duties as per section 9A and other provisions of SBP act required educational qualification and practical experience and competence in concerned field, he added.

He requested the bench to refrain Mr Tariq from performing duties and function under SBP act with Immediate effect and order to return facilities and  benefits enjoyed by him.

He pleaded to seek directions for government to appoint new Governor SBP following the constitutional provision laid down by the Supreme Court in PLD 2016 SC 808 and criterion laid down in PLD 2012 Supreme Court 132 and in other ceses.

23 Senators who were approached IHC were Sanator Taj Haider, leader of the PPP, Islam Uddin Sheikh, Farhat Ullah Babar, Karim Ahmed Khawaja, Sassi Palijo, Saher Kamran, Saeed Ulhassan, Liaqat Khan Taraqap, Yousif Baloch, Hari Ram, Khalida Perveen, Ahmed Hassan, Gian Chand, Mutaza Wahab, Azam Sawati, Tahir Hussain Mushahid, Mauman Wazir, Khushbakht Shujat, Baz M Khan, Nighat Mirza, Farooq H Niak, Saleem Mandviwala, Ilyas Bilour.

Related Stories

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

PIA launches special discount on flights to Toronto

byCT Report
16/10/2026

ISLAMABAD: Pakistan International Airlines (PIA) has announced a 30% discount on flights from Pakistan to Toronto, Canada, for travel until...

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Next Post

NAB has two approvers ready for Sharif cases

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.