1. The news about MD, HBFC is very shocking. TIP has rightly pointed out to Finance Minister. Mr. Jafry has done so many illegal appointments and took illegal financial and administrative decisions which need to be reexamined. I will strongly request that an independent inquiry should be conducted regarding every action taken during his tenure including illegal promotions, victimizing of officers and executives, bonus to M.D. because according to bonus policy M.D. HBFC has never been paid any bonus.

    Mohammad Akram Tariq
    Gen. Manager (Retd),
    HBFC, Karachi

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