Search

Cameron quits, Chishti ousted after Afiniti hit with sexual assault allegations

03:20 PM | 19 Nov, 2021
Cameron quits, Chishti ousted after Afiniti hit with sexual assault allegations

American multinational data and software company Afiniti's founder Zia Chishti was removed as chief executive officer (CEO) on Friday following sexual assault allegations against him. 

A statement shared on the company's website says, “The Board of Directors of Afiniti, Ltd. (“Afiniti”) announces that Mr. Zia Chishti has stepped down from his role as Chairman, Chief Executive Officer, and Director of Afiniti, effective immediately. The Board will make additional organizational announcements in the coming days”.

Furthermore, former British prime minister David Cameron has also quit as chairman of the advisory board of the tech firm. 

Cameron, whose lucrative roles since leaving No 10 have led to intense scrutiny, announced he would immediately stand down from his post with Afiniti.

Chishti, a Pakistani-American multimillionaire, allegedly beat a 23-year-old employee while having sex with her on a work trip to Brazil in 2017.

Former employee Tatiana Spottiswoode made the allegations against the company’s chief executive to members of US congress in a hearing on Tuesday, the Telegraph reported.

She claimed that the beating left her with injuries and that Mr Chishti told her “he should have had sex with me when I was 13 years old”.

Ms Spottiswoode accused him of sexual assault against her and another former employee before the company paid settlements to both women.

The tech boss had been a friend and business associate of her father’s, she told the US House judiciary committee in written testimony.

A spokesman for Mr Cameron said he had “absolutely no knowledge” of the claims until the public testimony, stressing the alleged incident took place before he began chairing Afiniti's board in 2019.

But the claims threaten to create a new controversy for the ex-PM following the collapse of the finance firm Greensill Capital, where he worked as an adviser.

“Mr Cameron understands that the allegations are disputed, but disagrees with the approach being taken by the company in responding to the matter,” a statement read.

“He does so with regret, given the success and promise of this exciting company, and the commitment, dedication and loyalty of the many hard-working employees with whom he has enjoyed working.”

Afiniti has not commented on the claims.

Daily Pakistan Global Web Desk

Advertisement

Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 18 May 2024 Forex Rates

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 18 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegians Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Bhat THB 7.57 7.72

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter