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The Resource Group has issued a press statement in response to an article published earlier on Dawn.com, in which two of its co-founders — Mohammed Khaishgi and Hasnain Aslam — have presented their perspective on the company’s legal saga over the last several years. The statement details the governance protections put in place to protect TRG and sets out the co-founders’ rationale for the decisions taken during this period.
The full text of the statement is reproduced verbatim below.
We founded The Resource Group (TRG) in 2002 with a simple conviction: that Pakistan deserved a seat at the table as technology services went global. Over two decades later, the platform we built is one of the most consequential things either of us will do in our careers.
We are writing this article in our own names because the public conversation around TRG has centred on one man — former CEO and co-founder Zia Chishti — and his takeover attempts. Our former colleague may no longer have any material ownership at the company after JS Bank claimed to have acquired a batch of his shares through the enforcement of security, bringing Mr Chishti’s stake in TRG Pakistan down to 1.2 per cent.
