A PYMNTS Company

Pakistan: Accountants group finds out about antitrust fine through media, has yet to receive formal notice from authorities

By  |  January 16, 2013

According to the Institute of Charted Accountants of Pakistan, the ICAP has yet to formally receive a penalty notice from the Competition Commission of Pakistan and only heard of the penalties issued upon it by the antitrust authority through the media. ICAP Secretary Shoaib Ahmed said that the fine imposed on the ICAP still has not been formally issued, and noted that he could not confirm or deny whether the ICAP would pay it. The CCP originally imposed the fine earlier this month in response to the ICAP ordering its member organizations not to hire non-ICAP students as interns.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: The Express Tribune

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.