Registrar Cooperative Societies failed to provide audited accounts of Karimabad Society

City News Jun, 16 2023
Registrar Cooperative Societies failed to provide audited accounts of Karimabad Society
  • 510
  • 0

KARACHI: Administrative and financial affairs of Karimabad Ismailia Multipurpose Cooperative Society Limited (KIMCSL) are going from bad to worse due to inept attitude of officials of Sindh Government Registrar of Societies.  According to letter addressed to Jahanzeb Baloch, last Administrator/ Election Officer for KIMCSL members of Society have requested for Audited Report and Accounts of KIMCSL, but Registrar Office did not bother to reply while he was sole controller of all administrative and financial matters of Society for last many years.    

Shabbir Nathwani was candidate for Chairman Position in Society Committee elections held on May 7, 2023, he is member KIMCSL. On June 14, 2023 in his letter addressed to Jahanzeb Baloch, he recalled that KIMCSL Committee was superseded by Registrar of Cooperative Societies, Sindh in January 2019, and since then, society had been under administration of Registrar of Cooperatives representative as Administrator till Jahanzeb Baloch handed over charge on May 9, 2023. Even though he knew case was pending in court regarding election processes adopted by him as electability of at least 4 candidates namely Malik Mehdi, Imran Arwan Panjwani, Fehmida Imam Yaar Baig and Ali Asghar Chagani besides Gulshan Ali as she was allowed for same reason that I had been refused, which was clear misuse of your (Jahanzeb Baloch's) Authority, Shabbir Nathwani said. Shabbir Nathwani requested Administrator/Election Officer for issuing full audit report of accounts of KIMCSL ST2 for period from January 2019 to May 9, 2023. He added it is essential that audit report be made available to all members of Society to ensure transparency.

"I am aware of mandatory requirement for outgoing administrator to submit report of audited accounts to Society before handing over charge to new Committee. It is my understanding that you have fulfilled this obligation by submitting report to Society and I appreciate your adherence to this important procedure. However, in order to have access to necessary financial information, you are requested that you provide us with copy of audit report and accounts. This will enable me and members of society to study and analyse financial status and performance of KIMCSL during specified period, facilitating well-informed decision-making process," Shabbir added.

"I understand importance of transparency and accountability in affairs of cooperative society. By providing requested audit report and accounts, you would not only fulfill your responsibilities as former Administrator/Election Officer but also uphold democratic values and principles of our society," letter concluded.

Published in The Daily National Courier, June, 17 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Nasir Mahmood
Nasir Mahmood https://www.dailynationalcourier.com/author/nasir-mahmood
Senior Journalist at Daily National Courier. Covering almost all beats including politics, current affairs, sports, metropolis for more than 45 years. Member of Karachi Press Club & KUJ.

NC Big Stories

Army top brass warns of ‘sure, decisive’ response, if India attempts to impose war

RAWALPINDI: The army’s top brass yesterday warned India of a “sure and decisive” response should it attempt to impose war, as relations deteriorated between Islamabad and New Delhi amid rising tensions after last week’s attack...

“Dr. Asim Hussain leads the charge: District Central says no to illegal constructions”

KARACHI: Dr. Asim Hussain, a senior leader of the Pakistan Peoples’ Party, has spearheaded a robust drive in District Central to eliminate illegal constructions. His initiative has brought together stakeholders from various political parties, l...

Zero Hunger in Pakistan: A Chemistry Student’s Vision for Sustainable Solutions

Growing up in the UAE with Canadian-Pakistani roots, my connection to Pakistan was always heartfelt yet somewhat distant. It wasn’t until I had the chance to intern there that I truly grasped the country’s struggles. The stark realities o...

India involved in state-sponsored cross-border terrorism: DG ISPR

ISLAMABAD: Director-General (DG) of Inter-Services Public Relations (ISPR) Lieutenant General Ahmed Sharif Chaudhry presented yesterday "irrefutable" evidence of Indian-sponsored terrorism in Pakistan, days after New Delhi accused Islamabad of the Pa...

More like this
Related

“Dr. Asim Hussain leads the charge: District Central says no to illegal constructions”

KARACHI: Dr. Asim Hussain, a senior leader of the Pakistan Peoples’ Party, has spearheaded a robust drive in District Central to eliminate illegal constructions. His initiative has brought together stakeholders from various political parties, l...

Indian Army in 'crisis, chaos' as northern command chief dismissed

KARACHI: The Indian Army is facing a deep internal crisis following the controversial Pahalgam incident, which has been labelled a "failed false flag operation" by insiders. In what appears to be a panicked move, the Modi government has dismissed the...

Sindh CM hails Cholistan canal scrapping as triumph of justice

KARACHI: Sindh Chief Minister Murad Ali Shah returned to Karachi yesterday to a jubilant welcome, declaring the cancellation of the controversial Cholistan Canal project a "landmark victory" for the constitution, the will of the people, and the unity...

US envoy Baker, CM Murad discuss trade, investment opportunities

KARACHI: US Charge d Affaires Natalie Baker, during her visit to Karachi, reaffirmed Washington's commitment to expanding trade and investment ties with Pakistan, highlighting the importance of private sector leadership and economic cooperation for s...
Need Help? Chat with us