The Rs54 billion HASCOL scam, explained | Profit Explains

The Hascol management were desperate and in a beg, borrow, steal frame of mind.
But the saga of the scam also reads like an indictment of the regulators, courts, auditors and even the banks that had lent the now disgraced OMC money.

#Hascol #Scam #Byco

For more background information, check out Profit’s earlier stories on Hascol:

https://profit.pakistantoday.com.pk/2019/09/23/the-extraordinary-rise-and-spectacular-crash-of-hascol-petroleum/

https://profit.pakistantoday.com.pk/2021/04/25/what-is-hascol-hiding/

https://profit.pakistantoday.com.pk/2022/01/30/is-hascols-fate-finally-sealed/

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