Altaf Hussain, chief of Pakistan's largest ethnic outfit, Muttahida Quami Movement (MQM) has withdrawn his threat to quit as leader of the party.
Hussain, who founded the MQM which largely represents migrants from India whose families settled in Karachi, had yesterday expressed his inability to continue leading the party and accused local leaders of amassing wealth and influence without sharing them with party workers.
Hussain, who lives in London fearing assassination attempts if he returns to Pakistan, sent shock waves to thousands of workers of the Karachi-based party with his threat to quit but he later withdrew after leaders and workers in large numbers flocked to the party headquarters to plead with him over the phone to take back his decision.
The party currently shares power in Sindh and at the centre with Pakistan Muslim League-Q, (PML-Q).
Senior party leaders say the threat to quit was part of periodic attempts by Hussain to revamp and revitalise the middle-rung leadership of the party which runs its affairs in his absence.
Earlier yesterday, Hussain lashed out at party leaders who he said had adopted a feudal mentality and were trying to change the course and philosophy of the movement.
Media reports here said Hussain criticised those party leaders who were seen being driven around in flashy rented cars while ordinary activists followed rigorous discipline and worked tirelessly for the party.