KPK

Chairman Dera Board Honors Students at Al-Hamd School Result Day
Chairman Dera Board Honors Students at Al-Hamd School Result Day

Muhammad Rehan

Dera Ismail Khan: A dignified ceremony was held at Al-Hamd School on the occasion of Result Day. According to details, a well-organized event took place with a large number of students, parents, and teachers in attendance.

The chief guest of the ceremony was Chairman Dera Board, Professor Dr. Ihsanullah, while Secretary Qayyum Nawaz and Assistant Secretary Tariq were also present on the occasion.

Addressing the gathering, Chief Guest Professor Dr. Ihsanullah stated that Result Day is not merely about announcing marks, but it represents students’ hard work, dedication, and serves as an important milestone in shaping their future. He congratulated the successful students and encouraged others to continue striving hard and avoid disappointment.

During the ceremony, Chairman Dera Board Professor Dr. Ihsanullah distributed prizes and certificates among high-achieving students. The school administration also presented shields to Chairman Dera Educational Board Dr. Ihsanullah, Qayyum Nawaz, and Muhammad Tariq.

At the end of the event, the school administration reaffirmed its commitment to continue providing quality education and a conducive learning environment for students.

SDEO Dr. Humayun Khattak Chairs Meeting on Admissions & School Development
SDEO Dr. Humayun Khattak Chairs Meeting on Admissions & School Development
DC completes water supply project, establishes public park in Tank
DC completes water supply project, establishes public park in Tank
Gomal Medical College Launches Three-Day 4th Annual International Research Conference
Gomal Medical College Launches Three-Day 4th Annual International Research Conference

National

Illegal Appointment Allegations Transparency in Question as Audit Chief Appointment Sparks Controversy at BoK
Illegal Appointment Allegations Transparency in Question as Audit Chief Appointment Sparks Controversy at BoK

Governance Crisis Deepens: Irregular internal Audit Head Appointment Under Scrutiny at BoK

 

TP REPORT

ISLAMABAD: Serious irregularities have surfaced regarding the alleged illegal and non-transparent appointment to the critical position of Head of Internal Audit at the Bank of Khyber, raising significant concerns about governance, transparency, and regulatory compliance within the institution. According to sources, a formal complaint has been submitted to relevant forums highlighting alleged violations in the recruitment process, qualifications, and legal requirements.

Appointment Process Controversial, Alleged Violations of Rules
Documentary evidence suggests that the position of Head of Internal Audit was not publicly advertised, and the appointment was allegedly made in violation of merit-based principles. Sources claim that fundamental standards of transparency were overlooked during the process, raising serious questions about the integrity of the institution’s internal control framework.
Questions Over Degree and Eligibility
The complaint further points out that the academic and professional qualifications of the concerned officer allegedly do not meet the “fit and proper” criteria set by the State Bank of Pakistan. It has also been alleged that the officer obtained a degree from a specific university during the course of employment, with serious questions being raised regarding the procedure, duration, and legal validity of that degree. Concerns over discrepancies in academic credentials and possible misrepresentation have also been highlighted.

Experts state that the Head of Internal Audit serves as a cornerstone of accountability and oversight in any financial institution, and any irregularity or lack of transparency in such an appointment can significantly weaken the institution’s financial governance structure.
– An independent, transparent, and impartial investigation be initiated
– The entire appointment process be thoroughly reviewed
– The academic qualifications, credentials, and degree of the concerned officer be fully verified
– Strict legal action be taken against those found responsible for any irregularities

Sources further indicate that the State Bank of Pakistan has already expressed concerns regarding governance issues at the Bank, increasing the gravity of the matter.

Experts emphasize that this is not merely an issue of a single appointment but a broader test of transparency, merit, and accountability within public sector financial institutions. Failure to take timely action may have serious implications for public trust.

State bank has also pointed out that the Bank needs to change and replace their Chief Risk Officer, Head of Internal Audit and Chief Complaince Officer.

Focus Business School, CBFP Delegation Holds Talks with FPCCI, LCCI Officials
Focus Business School, CBFP Delegation Holds Talks with FPCCI, LCCI Officials
Pakistan, Oman Explore Expanded Energy Cooperation Amid Regional Dynamics
Pakistan, Oman Explore Expanded Energy Cooperation Amid Regional Dynamics
Dr Anila Ali Calls for Zero Tolerance Against Terrorism
Dr Anila Ali Calls for Zero Tolerance Against Terrorism