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 ...
Callmate Telips Telecom Ltd, a leading payphone company, has removed A F Ferguson and Co as external auditors for professional negligence resulting in huge losses to Callmate and its shareholders. As direct consequence of A F Ferguson's negligent and deliberate breach of its obligations, Callmate's market capitalisation has evaporated by more than 50 percent despite ...
