AIRLINK 76.15 Increased By ▲ 1.75 (2.35%)
BOP 4.86 Decreased By ▼ -0.09 (-1.82%)
CNERGY 4.31 Decreased By ▼ -0.03 (-0.69%)
DFML 46.65 Increased By ▲ 1.92 (4.29%)
DGKC 89.25 Increased By ▲ 1.98 (2.27%)
FCCL 23.48 Increased By ▲ 0.58 (2.53%)
FFBL 33.36 Increased By ▲ 1.71 (5.4%)
FFL 9.35 Decreased By ▼ -0.01 (-0.11%)
GGL 10.10 No Change ▼ 0.00 (0%)
HASCOL 6.66 Decreased By ▼ -0.11 (-1.62%)
HBL 113.77 Increased By ▲ 0.17 (0.15%)
HUBC 143.90 Increased By ▲ 3.75 (2.68%)
HUMNL 11.85 Decreased By ▼ -0.06 (-0.5%)
KEL 4.99 Increased By ▲ 0.12 (2.46%)
KOSM 4.40 No Change ▼ 0.00 (0%)
MLCF 38.50 Increased By ▲ 0.10 (0.26%)
OGDC 133.70 Increased By ▲ 0.90 (0.68%)
PAEL 25.39 Increased By ▲ 0.94 (3.84%)
PIBTL 6.75 Increased By ▲ 0.22 (3.37%)
PPL 120.01 Increased By ▲ 0.37 (0.31%)
PRL 26.16 Increased By ▲ 0.28 (1.08%)
PTC 13.89 Increased By ▲ 0.14 (1.02%)
SEARL 57.50 Increased By ▲ 0.25 (0.44%)
SNGP 66.30 Decreased By ▼ -0.10 (-0.15%)
SSGC 10.10 Decreased By ▼ -0.05 (-0.49%)
TELE 8.10 Increased By ▲ 0.15 (1.89%)
TPLP 10.61 Decreased By ▼ -0.03 (-0.28%)
TRG 62.80 Increased By ▲ 1.14 (1.85%)
UNITY 26.95 Increased By ▲ 0.32 (1.2%)
WTL 1.34 Decreased By ▼ -0.02 (-1.47%)
BR100 7,957 Increased By 122.2 (1.56%)
BR30 25,700 Increased By 369.8 (1.46%)
KSE100 75,878 Increased By 1000.4 (1.34%)
KSE30 24,343 Increased By 355.2 (1.48%)

The senior management of Pakistan Petroleum Limited (PPL) has decided to shift company headquarters from Karachi to Islamabad at a considerable cost and inconvenience to staff. According to reliable sources, the management of the country's second largest oil/gas Exploration and Production (E&P) company has divided the company into four groups to facilitate privatisation with each part being sold separately.
Sources also revealed that senior officials of the Ministry of Petroleum and the Board of Directors of PPL appointed Managing Director (MD), Syed Wamiq Abrar Bokhari, against the set rules and regulations. "PPL's Advertisement regarding appointment of MD clearly stands out as in PPL's case maximum age limit was set at 55 years with flexibility up to 57 years in case of extraordinary credentials. As per the Advertisement of all the other companies under the Ministry of Petroleum, qualified professionals with requisite experience, even above 60, may apply [eg PSO: 62 years, SSGC: 62 years, SNGP: 62 years and OGDC: no age limit]", sources stated adding that this was deliberate with the objective of disqualifying certain individuals from applying.
However, the candidate selected (born in January 1957) was at the time of the appointment above 58 years old, according to copies of his passport and National Identity Card. The post was not re-advertised as required under the rules to accommodate the higher age of the man selected. Syed Wamiq Abrar Bokhari began his career as a fighter pilot in the Pakistan Air Force, but later became a US national and has worked all his life in the USA as well as a US expatriate in Yemen, Pakistan and Kuwait etc.

Copyright Business Recorder, 2015

Comments

Comments are closed.