The attempt to remove the CEO of the KE collapses
A major bid by K-Electric (KE) independent director Javed Kureishi to oust CEO Syed Moonis Abdullah Alvi collapsed on Thursday when five board members walked out of a crucial meeting, saying the company should not be dragged into "domestic policy." The meeting, which was called specifically to push through changes to the top management, was revealed almost immediately after the majority bloc read a prepared statement warning that it would not be "it is appropriate for the Council to deadlock five votes to five." The strike stripped the meeting of its quorum, stalling all decisions and dealing a major blow










