Engro Corporation Issues Statement Regarding LNG Case Decision

 

Engro Acquitted in LNG Contract Case, Reiterate Commitment to Transparency

Lahore, Pakistan - Engro Corporation welcomes the recent decision by the Accountability Court that exonerated its Chairman, Director, and former CEO in the LNG contract case. The court found no evidence of wrongdoing and acquitted Mr. Hussain Dawood, Mr. Abdul Samad Dawood, and Mr. Sheikh Imran ul Haq.

Engro Maintains Focus on Transparency

In a press release, Engro emphasized its commitment to ethical business practices. The company highlighted its longstanding reputation built on effective corporate governance, ethical conduct, and adherence to Pakistani law.

LNG Terminal - A Crucial Part of Pakistan's Energy Infrastructure

The press release also addressed the significance of the Engro Elengy Terminal Limited project. The terminal supplies 15% of Pakistan's total gas needs, playing a vital role in powering the country's homes and industries.

Engro Vows Continued Support for Pakistan's Progress

Engro reiterated its dedication to contributing to Pakistan's development. The company expressed gratitude to its employees, shareholders, and partners for their unwavering trust and support during this challenging period.