Tag Archives: Hascol may redo balance sheets after ‘false purchase orders’ surface

KARACHI: Hascol Petro­leum Ltd said on Monday it could restate its financial statements in view of fresh evidence received from a whistleblower about “a series of false purchase orders” recorded in the company’s 2019 books. In a note released through the Pakistan Stock Exchange website, the oil marketing company said its board audit committee concluded last week there was “sufficient …

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