SECP questions Telenor over support to specific political party

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The Securities and Exchange Commission of Pakistan (SECP) has sought comments from leading mobile phone company, Telenor on a complaint filed by the chairman of the Central Election Monitoring Cell of the Pakistan Muslim League-Nawaz (PML-N), Senator Ishaq Dar that its funds have been allocated for promoting and funding the poll campaign of a specific political party.
The PML-N made the complaint over a song by pop singer Shahzad Roy calling for “change” in the country through vote. According to a letter sent to the chief executive of Telenor Pakistan (Private) Limited, the SECP director (Enforcement), Additional Registrar of Companies Bilal Rasul stated that “it has been alleged that company funds have been deployed for promoting and funding the election campaign of a political party”. The name of the political party was not mentioned in the SECP letter. The letter said, “Your attention is invited to the provisions of Section 197 of the Companies Ordinance, 1984 which prohibits a company to contribute from its funds any amount for political purposes. In this regard, you are advised to furnish your comments on the above within two (02) days of the date of this letter.”

2 COMMENTS

  1. Dear Sir,
    It is to inform you that from one two months all telenor customer of Umerkot city facing some problem bellow these :-
    1. Error in connection
    2. Unable to Connect
    3. No Service
    4. Listening no beep
    5. Automatically miss call to other recipient
    Customer are teezing from Telenor network so it is our request to you may kindly be solved it problem because the most of peoples of Umerkot city used the Telenor Network .
    Further such type of Complaint made at Telenor Franchise to Mr. Parvez at umerkot but no any response have been given by them and also said that you are one who made a complaint , but here is not only me .

    Regards

    ( KISHORE KUMAR )
    CELL NO. 0346 3471594

  2. Dear Sir,
    It is to inform you that from one months all telenor customer of Perane jo par near Umerkot city facing some problem bellow these :-
    1. Error in connection
    2. Unable to Connect
    3. No Service
    4. Listening no beep
    Customer are teezing from Telenor network so it is our request to you may kindly be solved it problem because the most of peoples of Thar used the Telenor Network .
    Further Such type of Complaint made to Telenor call ceneter but no any response hav been given by them.

    Best Regard
    Abdul Ghafoor
    03323268913
    Abdullah
    03473207071
    0238422986

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