Main Page Forum Ringtones SMS Messages Games Free Downloads Contact UsTelepk Map
Make This Page Your Home Page Make TelePK.Com Your Favorite Website Telepk Header
IP: 54.157.81.13 COUNTRY: Flag:
Mobile Zone
  1. PTCL TelePhone Directory
  2. SMS Messages
  3. SmS Jokes
  4. Sms Dictionary
  5. Memory Card Rates
  6. Mobile Phones
  7. Mobile Phone Articles
  8. Mobile Tutorials
  9. Mobile Games
  10. Mobile Wallpapers
  11. Secret Codes
  12. Ring Tones
  13. Web To SmS
  14. Telecom Reviews
  15. SMS Worldwide

Entertainment
  1. Islam
  2. Listen Radio Live
  3. Watch TV Channels
  4. Elections
  5. Home Decoration
  6. Beauty And Health
  7. Tech News
  8. Kitchen
  9. Greeting Cards
  10. Animation
  11. Messenger Zone
  12. Online Chat
  13. Articles
  14. Downloads
  15. City Codes
  16. Computer
  17. Know Your Heart
  18. Palmistry
  19. Myspace
  20. Make Money
  21. World News
  22. Map Guide
  23. Eid Day
  24. Pakistan
  25. Pakistani Singers
  26. Personalities
  27. Emergency No.s
  28. Funny Jokes
  29. Finance
  30. Flights
  31. Funny Pictures
  32. Kids
  33. Songs
  34. Sports Online
  35. Spotlight
  36. Student Visa
  37. Education
  38. Online Games
  39. Study Abroad
  40. Tutorials
  41. Immigration
  42. Internet
  43. Urdu
  44. Weather Status
  45. Webmaster Tools
  46. Valentine Day
  47. Video Clips
  48. Videos

Latest Updates!
Please fill out the form below to get notified whenever telepk.com will be update.
Enter your email address:



Active Visitors
  1. 333





Cricket: Senate to grill PCB on its bank balances

Senate to grill PCB on its bank balances - Sports News - Stick CricketThe stage is set for another battle between the Senate's Standing Committee on Sports and the Pakistan Cricket Board's (PCB) top brass today with the focus of Senators shifting towards the board's finances.

The meeting that was requisitioned by the committee in a bid to probe the PCB's bank accounts will be held this morning with Nasim Ashraf, the PCB chairman, and Shafqat Naghmi, the chief operating officer, appearing before the Senators.

While the PCB officials say they will be attending the meeting well-prepared, the Senate committee, according to one of its members, enjoys no such luxury. Some of the Senators are in fact fuming over the board's lethargy over the matter and say that they are yet to receive the PCB's accounts details.

"We were expecting to receive the accounts details of the PCB at least four to five days before the meeting but are yet to get hold of any such document," Senator Enver Baig told The News on Wednesday.

The Senate committee has sought the PCB's account details from 2004 onwards. The PCB bosses will chiefly be grilled by Senator Haroon Akhtar, who is regarded as a financial expert. A member of the opposition PML (Q) party, Haroon is a brother of the former commerce minister Humayun Akhtar.

A top PCB official told this paper that the Senators will be provided with comprehensive details of the board's bank balance.

"We have nothing to hide," said Naghmi. "The board's finances are in good shape and will be presented before the Senate committee tomorrow."

Naghmi said the PCB devised its treasury policy for the first time in May 2007 following an approval of the ad-hoc committee which has been now been disbanded. "All our bank deals are governed by that policy," he said.

Giving details, Naghmi said the policy makes it clear that the PCB can only deal with banks that are given A or A+ status by the relevant authorities. "And it was also decided that the board will not keep more than 15% of its funds in one bank, which is why our accounts are spread over several banks."

The PCB has been criticised for putting its funds in several second-tier banks like Soneri Bank, MyBank, Bank of Khyber, NIB, Atlas and Habib Metropolitan Bank.

Naghmi painted a rosy picture of the PCB funds saying that they are growing in a healthy manner. "In 2004, the average return on the board's investments was 5% but currently it is 9%," he said.

However, it remains to be seen whether Naghmi and Ashraf will be able to convince the Senate committee that the billions of rupees in what is the most cash-rich sports body in the country are in safe hands.



<<< Back


Send this page to a friend

   
Most Viewed Services:
  1. New Year
  2. Free TV
  3. Watch GEO News
  4. Watch Disney TV USA
  5. AIM Away Messages
  6. AIM Buddy Icons
  7. BBQ Recipes
  8. Burger Recipes
  9. Fruit Salad Recipes
  10. Funny Pictures
  11. Spider-Man
  12. Spider-Man The Film
  13. Spider-Man Wallpapers
  14. Family
  15. Family Fun
  16. Windows Live Messenger
  17. Easter E-Cards
  18. 2008 Festivals
  19. Christian Festivals
  20. Msn Display Pictures
  21. Yahoo Avatars
  22. Myspace
  23. Nokia 5700
  24. Nokia 5070
  25. Bob Woolmer
  26. SMS Messages
  27. SMS Jokes
  28. Animals
  29. Apple
  30. Bikes
  31. Zong
  32. World
  33. Cars
  34. Celebrity
  35. Facebook
  36. Ali Lohan
  37. Computer
  38. Finance
  39. Fitness
  40. Shoes
  41. New Homes
  42. MSN Web Messenger
  43. Download MSN Messenger
  44. Download Latest Msn Messenger
  45. Multi MSN
  46. Download Multi MSN
  47. MSN Emoticon
  48. MSN Nick Name
  49. MSN Screen Names
  50. MSN Nick
  51. MSN Names
  52. Cool MSN Emoticon
  53. Urdu
  54. Urdu Jokes
  55. Urdu Dictionary
  56. Urdu Poetry
  57. Automobile
  58. Cars
  59. New Cars
  60. Food
  61. Kitchen
  62. Cell Phone
  63. Free Mobile Game
  64. Free Mobile Wallpapers
  65. Mobile Phone Secret Code
  66. Free Web SMS
  67. Free Worldwide Sms
  68. Islam Way
  69. Home Interior Decoration
  70. Health And Beauty Tip
  71. Latest Tech News
  72. Kitchen Remodeling
  73. Free E Greeting Card
  74. Know Heart
  75. Palmistry Line
  76. Make Money Online
  77. Myspace HTML Codes
  78. Myspace Toolbox
  79. Toyota RAV4
  80. Nokia Cell Phone
  81. Sony Ericsson Cell Phone
  1. Chinese New year Celebration
  2. Blackberry Phone
  3. Funny Joke
  4. MSN Avatars
  5. MSN Smileys
  6. MSN Display Pics
  7. MSN Display Pictures
  8. Pakistan Cricket Team
  9. Spicy Food
  10. Health Food
  11. Pakistan
  12. AOL Block Checker
  13. Urdu News
  14. Yahoo Web Messenger
  15. Download Yahoo Messenger
  16. Download Latest Messenger Version Yahoo
  17. Multi Yahoo Messenger
  18. Download Multi Yahoo Messenger
  19. Yahoo Emoticon
  20. Yahoo Hidden Emoticon
  21. Yahoo Avatars
  22. Yahoo Display Pictures
  23. Yahoo Animated Avatars
  24. Yahoo Smileys
  25. Free Cooking Recipe
  26. Hindu Festivals
  27. Sikh Festivals
  28. March Madness
  29. Tutorials
  30. Article of Mobile Phone
  31. Abrar Ul Haq
  32. Zong Sms
  33. Internet
  34. Better Homes
  35. Home
  36. Pets
  37. Forex
  38. Real Estate
  39. Science
  40. Stock Exchange
  41. WWE
  42. Information
  43. Football
  44. Flights
  45. Cricket News
  46. Latest World News
  47. Personality
  48. Emergency Phone Numbers
  49. Family Kid
  50. Online Spotlight
  51. Student Visa
  52. Download Online Game
  53. Study Abroad
  54. Immigration Law
  55. College University
  56. Web Master Tool
  57. Weather Report
  58. Funny Video Clips
  59. Funny SMS Joke
  60. Urdu SMS
  61. New Year SMS Joke
  62. Free SMS Joke
  63. AIM Block Checker
  64. City Code
  65. Find Article
  66. Dual Sim T500
  67. Asus P535
  68. Asus Cell Phone
  69. Sky Scrappers
  70. Funny Jokes
  71. History of Pakistan
  72. Government of Pakistan
  73. Lahore Resolution
  74. English Chat
  75. Online Chat Rooms
  76. Computer Wallpaper
  77. Software Downloads
  78. Samsung i710
  79. Ali Zafar
  80. Atif Aslam


More Resources...


© All Rights Reserved : Pakistan : Privacy Policy : Disclaimer : Advertise with us : Sitemaps : 1, 2, 3, 4, 5