ISLAMABAD, July 9: Federal Investigation Agency (FIA) has confirmed the record tampering of Chaudhry Sugar Mills in the Securities & Exchange Commission of Pakistan (SECP) after the complaint by the Joint Investigation Team (JIT).
The FIA report has been submitted to the Supreme Court (SC) of Pakistan in which it has been stated that SECP Chairman Zafar Hijazi is responsible for tampering with the records.
The report says that SECP directors Ali Azeem and Maheen Fatima have also been found guilty of negligence, and recommends departmental proceedings against these ‘irresponsible officers’.
Furthermore, the inquiry committee of FIA, who also recorded statements of 12 officers, found SECP chairman guilty of “misconduct by passing illegal orders and pressuring his subordinates to do illegal acts, therefore a criminal case under Sections 466, 472 PPC read with 5 (2) PCA 1947 be registered against him”.
It has been disclosed that Zafar Hijazi had on June 29, 2016, ordered Ali Azeem and Maheen Fatima to close the inquiry of Chaudhry Sugar Mills in the date of January 2013. He also pressurized his subordinates to forge the records.-DNA
