'KESC head being paid in dollars'
By SADIA SAEED October 29, 2008 KARACHI - The CEO of Karachi Electricity Supply Company (KESC) is being paid in dollars despite serious financial crisis in the organisation, well-informed sources told The Nation here on Wednesday.
The CEO, Naveed Ismail, received his initial pay worth US $ 60,000/-. It is noteworthy that CEO and rest of the 40 senior KESC officials are getting their salaries through A.F Ferguson Audit Company in a bid to dupe the lower staff of the company. Moreover, the total amount being paid to them is Rs. 4.8 million (after conversion into rupees), which is the highest salary of a KESC CEO in the past.
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