ISLAMABAD JULY 22 (TNS): July 24: Members of the opposition on Monday submitted a resolution in the Senate seeking immediate removal of State Bank of Pakistan Governor Tariq Bajwa.
The resolution has signatures of over 40 senators belonging to the PTI, PPP and ANP, among others.
In the resolution it has been claimed that Section 10 of the State Bank of Pakistan Act 1956 has been violated with the appointment of Bajwa. “No person shall hold office as Governor […] who is employed in any capacity in the public service of Pakistan or of any province of Pakistan or holds any office or position for which any salary or other remuneration is payable out of public funds.” Bajwa, who joined the Civil Services of Pakistan in 1981, served as the Federal Board of Revenue’s chairman and retired as the secretary of Economic Affairs Division and Finance on June 18.
Bajwa’s appointment was made via a notification on July 7. Bajwa was previously appointed as a director at the SBP and was also on the Bank of Punjab’s board of directors.
