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Summary Chairman S&E commission divulged National Investment (Pvt) Ltd. has committed Rs 700m embezzlement.
In the Senate Special Committee for Finance meeting, Chairman Securities and Exchange Commission Muhammad Ali revealed that National Investment Private Limited has committed fraud worth Rs 700 million by using platform of Over Leasing Company. He said that a petition has been filed in High Court in this regard and name of chairman NIPL has been put on exit control list.
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