• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Friday, June 19, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Staff Report

SC reprimands ABL president for callous dealing of pensioners

Published on: January 19, 2018 1:23 AM

ISLAMABAD: A three-member bench of the Supreme Court, headed by Chief Justice Mian Saqib Nisar, while hearing a case of the Allied Bank Limited (ABL) pensioners, imposed a fined on ABL President Tahir Hassan Qureshi for evading the court hearing the previous day.

The petition filed by pensioners maintained the bank never reconsidered or increased the pensions of the retired officers since 1999 nor made any contributions to the petitions’ accounts, which according to Income Tax Ordinance 2001 (ITO) should be commensurate to the profits it made.

The chief justice observed that while the president of the bank is received three to five million rupees in salary, the bank was not ready to pay even the peanuts to the poor pensioners. CJP remarked that “how can I expect Khushhal Bibi, an old pensioner, to be Khushhal (content) in Rs 243 [she received in pension] which can barely pay the fare of a Rickshaw (Cab) from her home to the bank”.

SC also instructed the bank authorities, keeping in view the contemptuous gesture of the latter, to uphold the moral standards while dealing with the erstwhile officials who worked, their whole lives up till the retirement, for the organization

President ABL was also monetarily penalized by Supreme Court of Pakistan for missing an appearance before court on Wednesdays. CJP instructed him to pay 200K fine for having missed the hearing the other day to which the former responded, ‘I have the fine with me, I’ll pay it’.

When the officials from ABL were contacted to comment on the matter by the scribe, they condescendingly dodged the questions terming the matter ‘too nominal to be of concern’.

Subsequently the bench adjourned further hearing of the case till January 18.

Published in Daily Times, January 19th 2018.

Filed Under: Business

Submit a Comment




Primary Sidebar




Latest News

fire safety awareness

Motorway Police Launch Nationwide Fire Safety Campaign, Fire Extinguishers Made Mandatory in Vehicles

Bilawal calls for political solution in Kashmir

Iran discusses deal with Kuwait FM

Iran postpones Swiss negotiations participation

Budget FY2026-27 sees Senate input

Pakistan

fire safety awareness

Motorway Police Launch Nationwide Fire Safety Campaign, Fire Extinguishers Made Mandatory in Vehicles

Bilawal calls for political solution in Kashmir

Budget FY2026-27 sees Senate input

Pakistan approves e-filing tax returns

Shehbaz reaffirms support to Iran in negotiations with US

More Posts from this Category

Business

Pakistan plans launch of digital investment app

Pakistan freelancers earn $1bn in 11 months

Pakistan’s external debt jumps by $5.21 billion

Gold drops Rs2,300 per tola in Pakistan

Business fraternity honours SSWMB chief for cleanliness management.

More Posts from this Category

World

Iran discusses deal with Kuwait FM

Iran postpones Swiss negotiations participation

Gaza ceasefire deaths surpass 1,000

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.