SECP Refutes the Veracity of Malicious WhatsApp Circulation

TLTP REPROT
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).