ISLAMABAD – The Islamabad High Court (IHC) on Tuesday rejected a pleaseeking the removal of State Bank of Pakistan (SBP) Governor Tariq Bajwaand declared his appointment as per law.

Twenty-two senators mostly from the Pakistan People’s Party (PPP) andPakistan Tehreek-e-Insaf had challenged Bajwa’s appointment in the IHC.

During the hearing, Justice Miangul Hassan Aurangzeb rejected thereservations of the petitioners.

On August 16, 2017, 22 senators, including PPP’s Taj Haider, FarhatullahBabar, Sassi Palejo and Farooq H Naik, had challenged his appointment.

The petitioners had contended that the proper procedure was not adopted inBajwa’s appointment.

Bajwa was appointed SBP governor in July 2017 after Ashraf Mehmood Wathracompleted his three-year term.