KARACHI, Nov 10: The report of forensic investigation on the stock market crisis of March 2005 has been delayed.

Only a day earlier on Thursday, the chairman of Securities & Exchange Commission of Pakistan, Mr.Razi-ur-Rehman had announced that he would be presenting an interim report to the National Assembly's Standing Committee on Finance and Revenue in Islamabad, on Monday, Nov 13.

As panic gripped the stock market on what would come of the report, the KSE-100 index lost 234 points during trading on Friday. But latter in the evening word had passed around that the presentation of the report had been delayed. “Yes, we have been informed that the meeting of the committee would not be held on Monday”, said chairman SECP. He did not say why the report had been delayed but said that he was ‘just doing as directed’.

Qurban Ali Shah of the PPP, who had been the special mover of the resolution calling for the probe report, said that neither he nor other members of the Committee had been told of the postponement. “I will move a requisition in the Assembly on Monday calling for the meeting to be held and report to be made public”, he asserted.