Islamabad: Top financial regulatory agency of the country said on Wednesday that it has nothing to do with filing of a criminal case against the CEO of Engro Polymer and Chemicals Limited (EPCL) for manipulating the price of EPCL shares.
Spokesperson of the SECP Aamir Khan said that a fake news report circulating on WhatsApp regarding filing of complaint is entirely untrue and without any substance.
Terming the report totally baseless and incorrect news story about criminal case registration against CEO of Engro Polymner, Khan said that the SECP would investigate the matter of fake news circulation under the Securities Act and shall also consider reaching out to other law enforcement agencies for action against the culprits under the Prevention of Electronic Crimes Act (PECA).
The Law Today Pakistan, commonly known as TLTP, is the largest news wire service, headquartered in Islamabad. The service is providing fast, comprehensive and verified news on superior courts adjudications, regulatory framework of fiscal, monitory and external sectors, economic regulatory bodies amid apex institutions regulating the financial system. TLTP is empowering readers of more than 12 national English dailies in the country.