ADVERTISEMENT
Tuesday, December 30, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

BMP concerned over mismanagement in FPCCI.

News Desk by News Desk
November 1, 2024
BMP concerned over mismanagement in FPCCI.
Share on FacebookShare on Twitter

 

ISLAMABAD (November-01-2024) The top leadership of the Businessman Panel (BMP) has accused the leaders of United Business Group (UBG) and President FPCCI Atif Ikram Sheikh of incompetence, mismanagement, nepotism, and corruption in the Apex chamber.

BMP Chairman Anjum Nisar, Secretary General Ghulam Ali, Group Leader of Rawalpindi Chamber of Commerce and Industry Sohail Altaf, and other central BMP leaders have expressed their serious reservations about the way FPCCI is being run.

Advertisements

They have blamed UBG and FPCCI leaders for incompetence, mismanagement, nepotism, and massive corruption in the FPCCI.

They said that FPCCI President Atif Ikram Sheikh is running the Apex Chamber in a highly unprofessional manner and is wasting resources mercilessly on his handpicked, unelected people.

Speaking to the media in a recent get-together, Anjum Nisar, the most outspoken leader in BMP, said that FPCCI neglected the business community in the recently held awards ceremony and that awards were given to those who never deserved them.

President of FPCCI prefers non-elected people over elected vice presidents and benefits them illegally by giving them business and hefty salaries, he added.

He stressed that if the President of the FPCCI is so keen to promote non-elected people, he should use his own money instead of funds collected for the welfare of the business community.

He said that non-elected people have sidelined elected vice presidents and represented the business community while meeting high-powered foreign delegations. They even represented Pakistan abroad even though one of them is not a businessman.

Ghulam Ali said that BMP will continue to strive for the resolution of issues faced by the business community. He furthered that the President of FPCCI has destroyed the reputation of Apex Chamber through his irresponsible actions.

Meanwhile, in a separate statement, former vice president of FPCCI Mirza Abdul Rehman noted that during a recent visit to China, the President of FPCCI overlooked the elected vice presidents of the Apex Chamber, as well as the members of the Pak-China Business Council and the Pak-China Joint Chamber of Commerce.

Nonetheless, President FPCCI chose two individuals who were not elected to accompany him on the important visit. The individuals showcased the Pakistani business community during their trip to China, highlighting the negative attitude of the President FPCCI.

He stated that the level of corruption within the FPCCI in previous years reached billions of rupees, and that the current leadership had pledged to prioritise the eradication of corruption. However, once they assumed office, they reverted entirely to their former stance and started misusing funds.

He stated that FPCCI is subject to the influence of unelected and unaccountable individuals who lack both electoral legitimacy and the necessary expertise to represent Pakistan on local and international forums.

Mirza Abdul Rehman said that individuals who are not elected and lack relevant experience have not effectively represented the interests of the business community, as their focus is solely on their own agendas and those of their superiors. This has harmed the reputations of FPCCI and UBG to a great extent.

The business community will not tolerate individuals within the FPCCI who are undermining this organisation for their own gains, he underlined.

The situation has worsened to the point where some of the UBG’s prominent leaders have ceased visiting FPCCI offices and begun to disregard significant invitations but this has not raised any eyebrows in the relevant quarters which is amazing, he informed.

Mirza Abdul Rehman stated that the President of FPCCI and the leadership of UBG have not effectively tackled the issues faced by the business community and are instead concentrating on advancing their own personal agendas at the cost of entire business community of Pakistan.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Zong and Huawei Complete Pakistan’s First Full-Duplex  E-Band Microwave Link Field Test
Business

Zong and Huawei Complete Pakistan’s First Full-Duplex E-Band Microwave Link Field Test

December 29, 2025
ABHI and Mahaana partner to empower the workforce financially
Business

ABHI and Mahaana partner to empower the workforce financially

December 29, 2025
IoBM athletes shine at the 35th National Games
Business

IoBM athletes shine at the 35th National Games

December 29, 2025
Senator Sarmad Ali Emphasizes Promotion of Reading at the 2nd Karachi Festival of Books & Libraries
Headline

Senator Sarmad Ali Emphasizes Promotion of Reading at the 2nd Karachi Festival of Books & Libraries

December 29, 2025
 Arrival of Sajjada Nashin of Darbar-e-Aalia Qadriya Maari Sharif, Pir Syed Sakhi Shah Sultan Ishaq Al-Kazmi.
Abbottabad

 Arrival of Sajjada Nashin of Darbar-e-Aalia Qadriya Maari Sharif, Pir Syed Sakhi Shah Sultan Ishaq Al-Kazmi.

December 29, 2025
National Energy Champions Confirm Participation at Libya Energy & Economic Summit 2026
Business

National Energy Champions Confirm Participation at Libya Energy & Economic Summit 2026

December 29, 2025
CCP affirms exclusive jurisdiction to combat deceptive marketing practices.
Business

CCP conducts competition assessment in key sectors in 2025

December 29, 2025
DWP Technologies wins Top Solution Provider award at Dell Technologies South Asia partner  summit 2025
Business

DWP Technologies wins Top Solution Provider award at Dell Technologies South Asia partner summit 2025

December 29, 2025
Jubilee Life Insurance Partners with Karachi United to Strengthen Grassroot Football in Pakistan
BANKING

Jubilee Life Insurance Partners with Karachi United to Strengthen Grassroot Football in Pakistan

December 29, 2025
Public Should Be Given Benefit of Decline in Global Petroleum Prices.
Business

Public Should Be Given Benefit of Decline in Global Petroleum Prices.

December 29, 2025
Next Post
Adversaries of Pak-China friendship must vanquish: Mian Zahid Hussain.

Adversaries of Pak-China friendship must vanquish: Mian Zahid Hussain.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

AKU LEADS Awards 100 Learners with Micro-Credentials and Digital Badges

Standard Chartered Pakistan and British International Investment

Does the American Dream still hold true?

Clean Water Acts as Nutrition: Low-Cost Filter Shows Promise in Reducing Child Malnutrition in Sindh.

Improving Pakistan’s Response to Gender-Based Violence – A discussion on implementation of the Anti-Rape Act 2021.

Must Read

PM Directs Immediate Action for Safety Amid Heavy Rains.
Islamabad

PM Directs Immediate Action for Safety Amid Heavy Rains.

July 29, 2024
Yango Pakistan partners with the Punjab Safe City Authority to elevate ride safety standards for women, children, and families
Business

Yango Pakistan partners with the Punjab Safe City Authority to elevate ride safety standards for women, children, and families

May 2, 2025
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.