ISLAMABAD: Saeed Ahmed’s appointment as president of National Bank of Pakistan has been challenged in Islamabad High Court.

Qamar Abbas, petitioner, has plead the court to declare this appointment null and void.
The petitioner, in his petition, claimed that Saeed Ahmed’s appointment was made illegally and was based on political interests and nepotism.

The government in March this year appointed Saeed Ahmad as President of National Bank of Pakistan. He was previously serving as deputy governor of the State Bank of Pakistan.

The Ministry of Finance, earlier, issued the formal notification of appointing Saeed Ahmad as NBP president. He resigned from his post of deputy governor of State Bank which he was holding since January 21, 2014.

PTI Chairman Imran Khan in past had levelled serious allegations against Saeed Ahmad of money laundering for Nawaz Sharif.