ICCI elections, AGM termed illegal: PEW
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Corruption cases worth millions swept under the carpet
The Pakistan Economy Watch (PEW) on Thursday said recent election of the Islamabad Chamber of Commerce and Industry and the Annual General Meeting were highly illegal therefore the incumbent office bearers have no legal backing.
Director General Trade Organisation and SECP should immediately take note of the illegalities in the ICCI, said Abdullah Tariq, SVP PEW.
In a statement issued here today he said that Quorum was incomplete while mandatory requirement of providing audited accounts to all the members was violated.
Accounts were not provided to the members to hide corruption worth tens of million in the affairs of ICCI, he added.
Abdullah Tariq said that sound system in the AGM was defective while the annual report was approved amid shouting of the industrial workers who were there to given an impression of crowded AGM.
He said that opposition members also raised question of Rs66 million bribe given to secretary and an assistant of ICCI to keep massive corruption unearthed but he was not given any satisfactory explanation.
