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NBP lends Rs18.8bn in Hascol’s Rs54bn scam

January 27, 2022January 27, 2022Faisal Shahnawaz

KARACHI: National Bank of Pakistan (NBP) has lent an amount of Rs18.8 billion out of Rs54 billion scam in Hascol Petroleum Limited. National Assembly Standing Committee on Finance and Revenue on Thursday reviewed the performance of NBP. The committee also discussed the recent Hescol loan scam of Rs 54 billion; of this NBP had lent […]

OMCs sales sharply decline by 25pc in 10 months

May 6, 2019April 2, 2021Faisal Shahnawaz

KARACHI: The sales of Oil Marketing Companies (OMCs) massively declined by 25 percent during first ten months (July – April) of current fiscal year owing to slowdown in economic activities. The sales of OMCs fell to around 15.28 million tons during July – April 2018/2019 as compared with 20.4 million tons in the same period […]

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Tag: Hascol

NBP lends Rs18.8bn in Hascol’s Rs54bn scam

OMCs sales sharply decline by 25pc in 10 months

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