SECP Dismisses Auditor’s Claims of Unlawful Pay and Perks

The Securities and Exchange Commission of Pakistan (SECP) has dismissed the claims made by its auditor, stating that the commission has not provided unlawful pay and perks to its employees. The auditor’s report had highlighted several discrepancies in the payment of salaries and benefits to the employees of the SECP. However, the SECP has rejected these findings, stating that the auditor’s report was based on incorrect assumptions and a lack of understanding of the commission’s policies. The SECP has argued that the payment of salaries and benefits to its employees is in accordance with the rules and regulations set by the government. The commission has also stated that it has followed all the necessary procedures and protocols in the payment of salaries and benefits to its employees. The auditor’s report had also highlighted the issue of excessive pay and perks being given to the top management of the SECP. However, the SECP has rejected these claims, stating that the pay and perks given to the top management are in line with the industry standards. The SECP has also stated that the auditor’s report has not taken into account the performance and achievements of the commission’s employees. The commission has argued that the payment of salaries and benefits to its employees is based on their performance and achievements, and not on any other factors. The SECP has also rejected the auditor’s recommendation to recover the excessive pay and perks given to the employees. The commission has stated that it is not possible to recover the pay and perks that have already been paid to the employees. The SECP has also argued that the auditor’s report has not provided any evidence to support the claims of unlawful pay and perks. The commission has stated that it has followed all the necessary procedures and protocols in the payment of salaries and benefits to its employees, and that there is no evidence to suggest that any laws or regulations have been violated. The SECP has also rejected the auditor’s claim that the commission has not provided adequate documentation to support the payment of salaries and benefits to its employees. The commission has stated that it has provided all the necessary documentation to the auditor, and that the auditor’s report has not taken into account this documentation. The SECP has also argued that the auditor’s report has not provided any recommendations that are feasible or practical. The commission has stated that it is not possible to implement the recommendations made by the auditor, and that they are not in the best interest of the commission or its employees. The SECP has also rejected the auditor’s claim that the commission has not taken any action to address the issues highlighted in the report. The commission has stated that it has taken all the necessary actions to address the issues highlighted in the report, and that it is committed to ensuring that all the necessary procedures and protocols are followed in the payment of salaries and benefits to its employees. The SECP has also argued that the auditor’s report has not taken into account the commission’s efforts to improve its internal controls and procedures. The commission has stated that it has implemented several measures to improve its internal controls and procedures, and that these measures have been effective in preventing any irregularities or discrepancies. The SECP has also rejected the auditor’s claim that the commission has not provided adequate training to its employees. The commission has stated that it has provided all the necessary training to its employees, and that the employees are aware of all the necessary procedures and protocols. The SECP has also argued that the auditor’s report has not provided any evidence to support the claims of inadequate training. The commission has stated that it has provided all the necessary documentation to support the training provided to its employees, and that the auditor’s report has not taken into account this documentation.

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