
Govt agency slams presence of ‘non-professionals’ in state-owned entities boards – Business
ISLAMABAD: The Central Monitoring Unit (CMU) of the federal government has deplored disproportionate presence of non-professional and non-independent members in the boards of directors at state-owned entities (SOEs) and an absence of effective audit and monitoring mechanisms in these organisations. The CMU has suggested adoption of international financial and audit standards to address governance weaknesses…