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CBA Union of Industrial Development Bank of Pakistan (IDBP) staged a protest demonstration on the occasion of the board of directors meeting of the bank here, and demanded of the authorities to save small employees from starvation.
They said that higher officials were responsible for the existing state of affairs of this national institution. They said the high-ups, for sake of their own interest, were out to make the small employees scapegoat.
The protestors alleged that high officials, after depriving the small employees, in the name of downsizing, were planning to recruit their near and dear ones on contract basis, which will further damage the financial health of the bank.
They demanded that the authorities at the helm of affairs must check the elements whose wrong policies were responsible for the bad condition of the bank.

Copyright Business Recorder, 2004

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