Business

FIA launches inquiry into alleged stock manipulation at Go Petroleum

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Web Desk

ISLAMABAD: The Federal Investigation Agency (FIA) has initiated an inquiry into alleged manipulation of stock trading linked to Go Petroleum following reports of unusual market activity.

According to initial sources, the inquiry was launched after concerns were raised over abnormal fluctuations in the company’s share price and suspected coordinated trading patterns that may have influenced market behavior. Authorities are examining trading records, investor accounts, and transaction data to determine whether any regulatory violations or illegal practices were involved.

Officials familiar with the matter said the investigation is still in its early stages and no formal charges have been filed. They added that the purpose of the inquiry is to ensure transparency in the capital market and protect investor confidence.

Further developments are expected as the investigation progresses.

Web Desk

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