Fomer MD Bank of Khyber challenges termination order in PHC

PESHAWAR: Former Managing Director Bank of Khyber (BoK) Shamsul Qayyum on Friday challenged his termination order in Peshawar High Court (PHC).

In his petition to PHC, Qayyum maintained that the termination order issued by Khyber Pakhtunkhwa Finance Department was unconstitutional. Provincial Finance Minister, Cheif Secretary, and Secretary Finance are respondents in his petition.

The petitioner has stated that his services should be extended for two more years for his exceptional performance as MD Bank of Khyber.

On last Wednesday, the provincial government decided to relieve the BoK chief of his duties in a cabinet meeting. The BoK managing director was charged with breaching section seven of his employment contract by publishing advertisements and leveled baseless allegations against the provincial finance minister.

Qayyum had accused Finance Minister Muzaffar Said, of the Jamaat-e-Islami, of corruption and nepotism in a notice printed in a newspaper last year.

JI MPAs had signaled to quit the coalition government if the managing director was not changed.

The coalition party had expressed its concern over the provincial chief minister delaying the decision to remove BoK's managing director.