• Forms committee to investigate ‘self-awarded’ pay hikes
• Panel will also examine salary delays at state-run media

ISLAMABAD: Amid rising complaints over misuse of power by the top management of regulatory bodies for personal benefit, Prime Minister Shehbaz Sharif has ordered a probe into such issues, including an assessment of their legal standing, to improve oversight, transparency and accountability.

The move comes following public discourse, including at parliamentary committees, that leading regulators of major economic sectors, established to ensure transparency and accountability, were themselves allegedly involved in self-serving decisions.

Some of these regulators include the National Electric Power Regulatory Authority (Nepra), the Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP), where top brass allegedly enhanced their emoluments without government approval. In his........

© Dawn Business