July 27, 2021 ISLAMABAD: The Senate’s Standing Committee on Petroleum on Monday expressed serious concern over the massive corruption scandal of multi-billion rupees in Hascol Petroleum by its top management and summoned SECP, State Bank, Ministry of Petroleum, FIA and other relevant departments in its next meeting. The committee met in the Parliament House on Monday with Senator Abdul Qadir in the chair and discussed this huge corruption in this public listed company in which tens of billions of rupees of investors had sunk. Senator Afnan Ullah Khan said that the management of Hascol had made Rs7.5 billion of fake purchase orders while its Chief Executive Officer (CEO) has done fraud of Rs8 billion in oil. This company has made accumulative fraud of around Rs75 billion. He asked the chair to summon the relevant investigative bodies to know their progress in the case.