Islamabad: SC Declares Appointment of NBP President (Syed Ali Raza) Illegal

Category: Banks 157 3

ISLAMABAD: The Supreme Court on Friday declared the appointment of National Bank of Pakistan (NBP) president Syed Ali Raza as unconstitutional, directed him to quit the office, which he has been holding for a decade, with immediate effect.
Muhammad Idrees and other employees of the NBP had challenged the appointment of Syed Ali Raza as NBP president.

A three-member bench comprising Chief Justice Iftikhar Muhammad Chaudhry, Justice Ghulam Rabbani and Justice Khalilur Rehman Ramday announced a short verdict earlier reserved on January 4. “For the foregoing reasons, the instant constitution petition is allowed and the reappointment of Syed Ali Raza as the NBP president by way of notification dated April 10, 2010 is declared to be unconstitutional and he shall cease to hold the office with immediate effect,” the court’s short verdict says.

Islamabad - SC ordered President NBP Ali Raza to resign from his post - extension for fourth times cancelled
Islamabad - SC ordered President NBP Ali Raza to resign from his post - extension for fourth times cancelled

Declaring the notification of his reappointment after 2007 illegal, the court set aside the notifications of renewal of his contracts. The incumbent government had given extension to the NBP’s president for one year on April 10,2010, under which he had to hold his office till June 20, 2011.
The judgment, written by Chief Justice avoided going into this question, ruling that the matter is sub judice before this court in another case. The verdict observed that the argument of the learned counsel for Ali Raza that the appointment was made by the federal government in exercise of the power conferred upon it by a legislative instrument passed by the legislature concerned; therefore, the same was not liable to be interfered with being a past and closed transaction is not tenable.
(Daily “The News” Saturday, January 15, 2011)

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3 thoughts on “Islamabad: SC Declares Appointment of NBP President (Syed Ali Raza) Illegal

  1. a qadeer

    dr m siddique memon kamlani faria bhidr gate bhir bazar mhomadan school bhuj kutch that time u liveing khuja faria pachana ape na mithoo bhai ka bata areply zaroor karna

    Reply

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