SHC questions appointment of SBP deputy governor

KARACHI: Sindh High Court (SHC) on Friday put secretary Finance Ministry, Acting Governor State Bank of Pakistan (SBP) and other officials on notice on a petition questioning appointment of Deputy Governor Ashraf Mahmood Wathra as acting governor SBP.

A division bench of SHC headed by Justice Muhammad Ali Mazhar also issued notice to federal law officer and adjourned the hearing of case till May 05. The two-judge bench was seized with the hearing of a petition filed by an NGO True Line International Foundation, who pleaded the court to declare as illegal the appointment of acting governor.

The petitioner’s counsel Abdul Wahab Ansari submitted that there was no specific criterion for acting governor’s appointment but the government is bound to follow the procedure laid down by Country’s Constitution to appoint the heads of almost all institutions.

“Wathra was appointed as acting governor SBP without following the procedure and considering merits, seniority and other factors,’ he claimed while adding that he was appointed as deputy governor on March 11, 2013 and junior to Kazi Abdul Muktadir deputy governor who assumed charge of his office on 6 July 2012.

Petitioner’s counsel argued that appointment of Wathra was in violation of State Bank Order 1994, and Service Rules. He requested the court to direct federal government to declare Wathra appointment illegal.

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