IHC reinstates NBP president, chairman
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The Islamabad High Court (IHC) Monday reinstated Zubair Soomro as Chairman and Arif Usmani as President of the National Bank of Pakistan (NBP), reported 24NewsHD TV channel.
The IHC announced the short verdict and reinstated Usmani and Soomro to their posts.
The division bench comprising IHC CJ Athar Minallah and Justice Sardar Ejaz Ishaq court, accepting the intra-court appeals, declared the termination of president and chairman null and void.
Last year in June, IHC ordered the government to remove National Bank of Pakistan (NBP) President Arif Usmani and Chairman Board of Directors (BoD) Zubair Soomro.
Reporter Ehtisham Kiyani