CallMate auditors row brought SECP in
SECP has raised objection on CallMate’s removal of AF Ferguson & Co as its external auditors. In a letter written against CallMate’s notice of Extra-Ordinary General Meeting (EOGM) for removal of AF Ferguson as auditors and appointment of new auditors, SECP has ordered CallMate to provide explanation of their allegations against the auditors and to furnish revised statement including all deficient material.
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I Fully support the decision made by the Management of CTTL,as the law permit the management to remove the existing auditor in EOGM.
I think all the controversy is because the removed Firm is the well known top audit firm in Pakistan.
Comment by mughees — December 11, 2006 @ 3:31 pm
Such hollow allegations are raised just to defame the firm(A.F.F) Although managemnt has a clear right to remove the auditors but credibility and professional status of A.F.Ferguson (PWC) should not be underestimated.
I believe A.F.Ferguson(PWC) is a professionally organized firm and it can resolve such fake allegations amicably raised by other dis-organized companies.
Comment by Ammar Murtaza Jaffery — January 5, 2007 @ 2:34 am
Comment-3
By Ammar Murtaza Jaffery
The allegation raised by C.T.T.L’s management against A.F.Ferguson is nothing but a childish blame.
Beacause SECP has also criticised the CallMate’s removal of A.F.Ferguson & Co as its external auditors and has ordered CallMate to provide explanation of their allegations against the auditors.
C.T.T.L’s management is employing non-professional & anti-social means to defame the firm(A.F.F).
A.F.Ferguson(PWC) is one of the leading auditing firms all over the WORLD and it has better professional knowledge & strong legal authority to resolve the case.
Comment by Ammar Murtaza Jaffery — January 5, 2007 @ 3:16 am
please let me know, that when will the service of callmate co. be start?
Comment by mian khalid toheed — December 11, 2007 @ 8:07 pm