At-Tahur Limited denounces FIA, NABs inquiries as political victimisation

News Image

MG News | December 11, 2023 at 01:31 PM GMT+05:00

0:00

December 11, 2023 (MLN): At-Tahur Limited (PSX: PREMA), in a notice issued today to the local bourse, has termed the ongoing inquiries by the Federal Investigation Agency (FIA) and National Accountability Bureau (NAB) against its Chief Executive (CEO), Rasikh Elahi, as political victimization.

“The FIRs of FIA AML Circle Lahore that are the subject matter of letters of FIA to banks of the company do not implicate the company,” the notice reads further.

Therefore, PREMA has approached the honorable Lahore High Court to address its grievances since the action of FIA is without jurisdiction.

The matter is sub judice before the honorable Lahore High Court, which has also passed necessary directions to FIA for the release of operational expenses of the company.

Moreover, the company believes no additional disclosures under the Securities Act, 2015 are warranted.

Copyright Mettis Link News

Related News

News
FFC announces Half-Yearly Financial Results for the year 2025
News
PSX Closing Bell: You Can’t Always Get What You Want
News
CCP resolves 223 cases, recovers Rs360m
Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M 		0.32%
447.43
ALLSHR 85,702.96
423.92M 		0.15%
131.52
KSE30 42,254.84
82.09M 		0.43%
180.24
KMI30 194,109.59
84.37M 		0.15%
281.36
KMIALLSHR 56,713.67
217.03M 		0.03%
16.37
BKTi 37,831.34
13.04M 		1.62%
603.62
OGTi 27,440.63
3.93M 		-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,520.00 119,740.00
118,145.00 		225.00
0.19%
BRENT CRUDE 73.52 73.57
71.75 		1.01
1.39%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00 		2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50 		-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50 		0.00
0.00%
CRUDE OIL - WTI 70.36 70.43
68.45 		1.15
1.66%
SUGAR #11 WORLD 16.46 16.58
16.37 		-0.13
-0.78%
Chart of the Day
Latest News
July 30, 2025 at 09:36 PM GMT+05:00

Pakistan advances into the era of digital economy

July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July

July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July

Top 5 things to watch in this week
MPC Decision
CPI
Trade Balance
Monetary Aggregates (M3) - Monthly Profile
Consumer Confidence Survey
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg