In the absence of the Managing Director (MD) of Oil & Gas Development Company Limited (OGDC) in the country, Board of Directors is meeting on Tuesday (today) to turn down an important decision by the MD of sacking a ‘blue-eyed’ official of the company who was hired on hefty package.
According to details, MD OGDCL Dr Naseem Ahmed had fired Executive Director (HR) Shoaib Baig on Nov 08,2019 for his incompetence and falling short of required competency and merit for the position he was serving in. NAB is already investigating the illegal appointments in OGDCL at executive management level and NAB has called on MD OGDCL many times and have expressed their reservation on the appointment. Mr shoaib was twice rejected by the previous board of OGDCL for having no experience in the relevant job.
The official was appointed earlier in August on two-year contract basis against a heavy package of Pak Rs 1400,000/- monthly salary.
A source while talking to our corespondent mentioned that appointment of Shoaib Baig who is considered to be a close friend and blue-eyed of the chairman and present board members had demoralized the staff and employees of the OGDCL and the perk and benefits he enjoyed were quite exorbitant and beyond and without any justification.
After taking charge as MD OGDCL called Mr Baig a number of times and conveyed to him the employees’ grievances towards his out-of-the-way appointment and that too against such a heavy package. Baig was finally shown the door on Nov 08, a day prior to MD’s going out of the country on an official engagement.
However, it seems firing of Shoaib Baig is not being digested by the his friends in board of directors , mostly those members of the board who were behind his appointment and they have now called a meeting of the Board for Nov 12, Tuesday (today) to review the decision and it is most likely they can try to turn down a decision which is widely hailed by the entire staff and employees of the company.
According to source it is illegal to call a meeting of the Board in the absence of the MD – CEO who is abroad on official assignment and any decision made in the meeting will be illegal , not justified and can be challenged in the court of law.