The spokesman for the Finance Division said here Wednesday that the news report "CCP Chairman, Members: Appointment made without Cabinet Division's Approval" appeared in Business Recorder, was not based on facts. "Federal Cabinet in its decision of February 7, 2017 had delegated Federal Govt's Power of Appointment to the Finance Minister with the concurrence of the Prime Minister whereby Finance Minister and Prime Minister can appoint CEOs of corporations, statutory bodies, autonomous and semi autonomous bodies attached with the Finance Division.
"In view thereof, CCP, Chairperson and members have been appointed/ reappointed in line with the decision of the Federal Cabinet.
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