Mettis Global News
Mettis Global News
Mettis Global News AD
Mettis Global News AD

Trending :

Parker Russel appointed to investigate Hascol’s fraud

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

January 24, 2022 (MLN): The management of Hascol Petroleum Limited (PSX: HASCOL) has informed the exchange on Monday that the Securities & Exchange Commission of Pakistan (SECP) has appointed Parker Russel AJS, Chartered Accountants as investigators for carrying out serious fraud investigation / forensic audit of the company.

As per the news reports, the Federal Investigation Agency (FIA) has arrested Mumtaz Hasan, founder of the Hascol Petroleum Limited (HPL), in Rs54 billion scam.
A total of 30 suspects including present and former top officials of the National Bank of Pakistan (NBP), HPL and other organizations have been involved in a scam and efforts are being made to arrest them, the FIA's document said. 

Copyright Mettis Link News

Posted on: 2022-01-24T13:43:08+05:00