Tag Archives: Silent

ICAP silent about Rs25m penalty by CPP

KARACHI: 

Irish playwright George Bernard Shaw considered silence to be the most perfect expression of scorn. Apparently, top officials of the Institute of Chartered Accountants of Pakistan (ICAP) agree with Shaw, as they continue to keep mum about the January 10 order of the Competition Commission of Pakistan (CCP), which imposed a penalty of Rs25 million on the premier body of chartered accountants for restricting the training of non-ICAP accountancy students by its approved training organisations.

ICAP has not paid the penalty even after one and a half months of the CCP order. Neither has it approached a competent forum to appeal against the order so far. Despite repeated attempts made over the last month, no ICAP official showed willingness to come on the record about the institute’s future course of action to deal with the heavy fine imposed by the anti-trust watchdog.

“I cannot tell you right now whether we are going to pay the penalty or file an appeal against the order,” ICAP Secretary Shoaib Ahmed said while speaking to The Express Tribune last month. He was not available for comment this time.

However, in background conversations with The Express Tribune since the CCP order was passed, officials as well as members of ICAP have claimed that paying the penalty is “out of the question” because the institute’s management still believes it is its right to protect the interests of ICAP students.

“Our students aren’t getting training opportunities that they deserve. Although it’s been going on since 1994, it’s gotten much worse in recent years,” one ICAP official said but requested anonymity because he did not want to be seen talking about the issue publicly.

He was referring to ICAP’s rival accountancy body, the UK-based Association of Chartered Certified Accountants, which came to Pakistan in 1994.

The CCP imposed the Rs25 million penalty on ICAP while declaring that a July 2012 directive of ICAP that asked its member organisations not to engage non-ICAP students as interns or trainees had no legal basis.

Under Section 42 of the Competition Act 2010, the appeal against an order of the CCP can be filed with the Competition Appellate Tribunal within 60 days of the communication of such order. The CCP does not pursue the recovery of penalty until expiry of the time available for filing of appeal. If ICAP continues to violate the CCP order, it will be liable to pay a penalty of Rs1 million everyday afterwards.

According to an official of the CCP, who also did not want to be named because of possible legal implications, the CCP may recover the amount from ICAP under Section 40 of the Competition Act, which includes the recovery of amount as arrears of land revenue or attachment of property.

In addition to the penalties prescribed under the Competition Act, the CCP can also initiate court proceedings against ICAP for failing to comply with its order, as it constitutes a ‘criminal offence,’ the source noted.

“Several accountancy students have approached the CCP to enquire about ICAP’s compliance with the matter. On receipt of any actionable evidence that suggests non-compliance with the order, the CCP will proceed against ICAP in accordance with the law,” the CCP official added.

Published in The Express Tribune, February 23rd, 2013.

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Can our elected representatives risk staying silent now?

Khawaja Asif does not need a tutor to be told that no one from our national security elite will care to answer questions that members of the National Assembly have been pressing for non-stop since Monday evening over the frightening happenings in Quetta. After all, only three weeks are left in the constitutional life of this House. And as the next election draws close, our “representatives” cannot afford to appear to behave callously indifferent to the mass killings of the Hazaras and the fury they have unleashed all over the country.

Delivering an impassioned speech in the house Tuesday, the Pakistan Muslim League-Nawaz member from Sialkot thus seemed justified in demanding a joint parliamentary session be summoned. He strongly believed that elected houses could still prove their worth and relevance by putting the heads of the national security outfits in the dock through proceedings of the proposed session.

An experienced player of power politics from Bahawalnagar, Chaudhry Abdul Ghafoor, was presiding over the sitting in which Asif pressed for a joint parliamentary session. Ghafoor sounded cool but deadly when he cynically wondered whether such a sitting, exclusively focusing on the startling killings of the Hazaras in Quetta, would produce anything substantive.

The ever-alert Asif took no time to concede that perhaps another ‘in-camera’ session to discuss another national security issue would lead to nothing. It was time that the heads of our intelligence and security outfits were made to answer questions “with people and media representatives sitting in the galleries reserved for them”. Waseem Akhtar of the Muttahida Qaumi Movement forcefully endorsed the demand, but the wily Khursheed Shah knew his limits. He only promised that as Chief Whip of the ruling coalition, he would convey the desire to summon a joint parliamentary sitting on the Quetta carnage to the leader of the house, and “hopefully” the prime minister would decide to summon it within the week.

Without wasting time weighing the possibilities of a joint sitting in search of viable options to provide the Hazaras of Quetta some sense of security, I prefer to report the fact that with his Tuesday speech Asif had made startling confessions.

He also said many things which his party and leader may find hard to swallow.

With the full force of his lungs, for example, he declared that ‘the jihad’ Pakistan had been waging in Afghanistan since the 1980s was a “fraudulent project”. It empowered a peculiar creed of greedy mullahs, “who now encourage and protect the killers of Shias in Pakistan”. All of this is happening despite the fact that the father of the nation, himself was Shia.

Despite ferociously taking on the self-declared custodians of Pakistan’s ideology and security, Asif also remained bluntly honest by repeatedly admitting that mainstream politicians like himself had miserably failed to act responsibly and deliver. “Rather, we have become the willing tools and facilitators of various money-amassing mafias, who have also turned the military elite and big media houses into active partners in their crimes.”

Asif’s impassioned speech was heard in pin-drop silence, which strongly hinted a collective sense of guilt. While returning to their homes with heavy hearts, though, most legislators were stunned to find out that Dr Hafeez Shaikh had finally resigned. They appeared gripped with the fear that his resignation had provided solid content to an insidious rumour.

For the past six months, I have been repeatedly reporting in this column that the scheming drawing rooms of Islamabad were not waiting for fresh elections after completion of this government’s term.

Rather, they keep preparing us for a caretaker government of “able, honest, and patriotic technocrats”. This government, they claim, would work for at least three years to turn the economy around and address the backlog of issues that have been plaguing this country by taking “tough but unpopular decisions”. Hafeez Shaikh had always been considered tailor-made for the post of heading the interim government given the absolute trust he inspires from our military elite and many of its friends sitting in some powerful offices in Washington.

Even after getting confirmation of Hafeez Shaikh’s resignation from reliable quarters, I am still not willing to see him smoothly head towards the next destination he has doggedly set for him. Nawaz Sharif and his party is bound to resist him, but far more shocking will be the resistance he may see coming from a political heavyweight and personal friend of President Zardari, Asfandyar Wali. The Awami National Party has already conveyed its preference for the caretaker prime minister, both to the government and the opposition, and he is a retired judge from Balochistan.

Published in The Express Tribune, February 20th, 2013.


I was nursing this silent ambition to turn director: Arbaaz Khan

Actor-turned-producer Arbaaz Khan made his debut into films with Daraar. He produced Dabangg and made his directorial debut with Dabangg 2. Khan is confident about his latest venture that stars his brother the iconic Salman Khan as Chulbul Pandey.

Khan says, “It’s an amazing feeling to be a part of the Dabangg franchise and to be directing one of the biggest stars in the country.” He continues, “We have been cautiously and meticulously planning this film. And now that the film is ready for release, I hope the audience enjoys the film.”

Khan confirms that director Abhinav Kashyap who was supposed to direct the sequel, met up with him but decided to opt out of the project for personal reasons. “After a lot of deliberation as to who would be the right choice to direct the film, I came to the conclusion that since I’d been involved with Dabangg as a producer and actor since day one, it would be apt that I take over the project.”

“I was always nursing this silent ambition to turn director, so when this opportunity came my way I grabbed it with both hands.”

When talking about Salman’s character in the film Khan deliberated that “Dabangg 2 is a genuine sequel we are moving ahead with the character and taking the story forward.” The character of Chulbul Pandey remains the same but the situations he finds himself in are different. There are new conflicts and new challenges that he has to tackle, reports the Hindustan Times.

“Salman is a great actor and is only growing from strength to strength. He has done so many films in his career already and is now very comfortable with his own demeanor and body language,” Khan reiterates. “He’s got a great connect with the audience. He is a very contributing actor who always has some really good inputs and suggestions to offer for the betterment of the film,” he adds.

Published in The Express Tribune, February 7th, 2013.

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