Ogra scandal is a test case of current regime. Many big fishes including the former SECP chairman and sitting Commissioner SMD have the strong contacts with the international 'stock mafia'!
Monday, October 28, 2013
SECP tells cos not to appoint non qualified auditors
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In Punjab language; an adij is well spoken that "Malla da Huka Sukka": means the boat driver's traditional smoking pipe remains unwatered. The SECP's officials are also not capable to read the balance sheets, profit and loss accounts together with Auditors' and Directors' report submitted by the companies (Public unlisted, Public listed and private companies registered under the Companies Ordinance, 1984)!
So how the SECP can direct the companies for due-diligence while appointing auditors. Moreover, by this stupid move, many public auditors firms who are not the member of ICP can justify. This move seems to be domination of CA firms. It also seems to be nepotism.
Nawaz Sharif to attend crucial meeting on Afghanistan in London - The Times of India
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The landmark initiative is going to take place. The U.S and its allied are very keen to hear soon a well responded and easy acquittal from Afghanistan. The line of action would be drawn.
US denies Barack Obama was aware of spying on Angela Merkel | NDTV.com
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What a co-incidence. A President of Super Power was unaware of the matter directly goes under his nose!
Asfandyar, Afrasiab struck $35million deal with US, Hoti claims – The Express Tribune
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All these are deal makers. If no money or share received by him he become deal broker!
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