Karachi (September 8, 2023) The United Business Group (UBG) has made serious allegations of corruption against the current administration of the federation and has demanded the caretaker federal government to immediately dismiss the illegal officials occupying the Federation Chamber of Commerce due to financial irregularities. FPCCI president Irfan Iqbal Shaikh should be arrested and the amount spent from the treasury of the federation should be recovered from Irfan Iqbal Shaikh. Be done. On Friday, UBG President Zubair Tufail Addressing a press conference at the Karachi Press Club along with Chairman UBG Sindh Region Khalid Tawab, Secretary General (Sindh) Hanif Gohar, Central Spokesperson Gulzar Feroze, Dr. Mirza Akhtar Baig, Ahmed Chinoy, Malik Khuda Bakhsh, Sheikh Umar Raihan, Abdul Sami Khan, Noor Ahmed Khan, Shakil Ahmed Dhingra, Maryam Chaudhry and Saeeda Bano, he demanded caretaker Prime Minister Anwar Haq Kakar to investigate the financial irregularities committed by the current president Irfan Iqbal Sheikh in FPCCI, the recruitment of incompetent people on heavy compensation, the executive. Action should be taken against the unnecessary expenditure of crores of rupees without the approval of the committee, bringing FPCCI to the level of insolvency, FPCCI President Irfan Iqbal Shaikh has siphoned crores of rupees from the treasury of the federation and a political party for personal gratification. 2 Crores were given to the Prime Minister of the party, another 2 Crores were withdrawn from the treasury of FPCCI and awarded to his friends and relatives. The leaders of UBG said that when the Director General Trade Organization (DGT), the body that regulates the federation, asked Irfan Iqbal Sheikh for an answer about how much money was spent in the whole year, the Secretary General FPCCI told the President. On behalf of Irfan Iqbal Sheikh, wrote a letter to the DGTO in which wrong language was used, while yesterday Irfan Iqbal Sheikh and his leaders have also used language against Federal Commerce Minister Gohra Ijaz and Punjab Commerce Minister SM Tanveer. Although SM Tanveer is the Patron-in-Chief of UBG, he never participated in the meeting of UBG, while Gohar Ijaz had no connection with UBG, but even after the Governor of Khyber Pakhtunkhwa(KPK) Haji Ghulam Ali became the Governor, he was in the Federation. Incumbent businessmen have been attending the panel meetings even though we congratulated him when he became the governor because he belonged to the business community. Therefore, he tried to get a stay order, but the Sindh High Court did not grant him a stay. Former Senior Vice President FPCCI Khalid Tawab said on this occasion that the current president bought a place in Lahore for 22 crore rupees. And for this, not only the funds of the federation were used freely, but 10 crore rupees were also obtained from the bank at 25% interest, although when our group was in power, every single penny was taken care of. Khalid Tawab admitted that the last four years During FPCCI, the interference of political parties has increased and the support of political parties in elections has disappointed the business community, we will run the system in a good manner whenever we come to power of the federation. said that the role that the federation should play in the economy is not far-fetched, an administrator should be appointed in the federation immediately and action should be taken against those who have misused the funds. Hanif Gohar said that after our identification, the crackdown started in the country and the dollar fell by 15 rupees, while sugar suddenly became cheaper, gold is also becoming cheaper, we want the institutions to be strong, but based on the relationships of the previous government, President F. PCCI is active to weaken the institutions, while former Federal Minister Khawaja Asif has told in the House that Irfan Iqbal Sheikh is involved in smuggling, so the action taken by the Army Chief against smuggling should also be paid attention to. Mirza Ikhtiar Baig said that the largest organization of the country’s business community, the federation has failed miserably in playing its role in the economy. Legally, the president of FPCCI has the authority to spend up to 100 thousand rupees, but the current president At the same time, he spent crores of rupees from the treasury of the federation, the expenditure of more than 100 thousand rupees is illegal, so the money spent should be recovered from Irfan Iqbal Sheikh. Ahmed Chenoy said that the 4-year long The performance of FPCCI was worst in the period and the current president could not give effective policies to the government in the better interest of the business community, the current president of FPCCI has been called controversial and his face in front of the business community of Pakistan. It has become evident because in the fire of revenge, he slandered Pakistan’s famous businessmen Gohra Ijaz and SM Tanveer, who always taught the business community to be united. Abdul Samia Khan said that those who ruined the Federation He should be immediately arrested and take illegal steps and resign from KPK Governor Haji Ghulam Ali for patronizing the businessman panel.