HASCOL denies PAC's property, account freeze allegations

By MG News | April 26, 2023 at 03:30 PM GMT+05:00

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April 26, 2023 (MLN): Hascol Petroleum Limited (PSX: HASCOL) has termed a news report which was published on media dated April 20, 2023, saying that the Public Accounts Committee (PAC) had issued instructions to FIA for confiscation of property and freezing of bank accounts of the company, false.

The management, through a notification to PSX, further clarified that the company is unaware of any such internal communication and has not received any direction from any credible sources or through any governmental authority in this regard.

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