Power struggle in FPCCI divides businessmen: Pakistan Economy Watch

Lahore:  The Pakistan Economy Watch (PEW) on Friday said power struggle in the FPCCI has effected work, polluted environment and disunited businessmen.

The struggle between president FPCCI and another leader considered de facto president by many has been intensified which has divided business leaders into groups which is felt across all the chambers of country, said Dr. Murtaza Mughal, President PEW.

Some business leaders allege that seniors are being ignored in the decision making process while junior yes-men are preferred by the leaders of United Business Group (UBG), the group ruling FPCCI.

The disheartened businessmen have started meeting the rebels of UBG and those belonging to Businessmen Panel which ruled FPCCI for decades.

Cracks have been reported to be appeared in UBG Punjab where a vice president who played important role in creation of UBG by taming the then co chairman Businessman Panel Iftikhar Ali Malik to raise against Tariq Sayeed has been side-lined.

The vice president is believed to be meeting with likeminded people for a joint future strategy after the UBG leadership failed to keep their promise to appoint him as regional chairman of Punjab.

Dr. Murtaza Mughal said that some leaders of the businesswomen hailing from different women chambers have also expressed their reservations over insulting attitude and baseless allegations by the leaders while a senior official has stopped visiting his office in the FPCCI Capital office.