Bangladesh Securities and Trade Fee (BSEC) has summoned the 2 former administrators of Dhaka Inventory Trade (DSE) who died two years in the past. The 2 deceased individuals are Rakibur Rahman and Habibullah Bahar.
On this regard, on Wednesday (December 11), Deputy Director of BSEC. A condolence letter signed by means of Sultan Salah Uddin has been despatched to DSE.
Shokje Md. 12 administrators who participated within the board assembly hung on June 28 and August 17, 2021 of the board headed by means of Yunusur Rahman were summoned. Amongst them are Rakibur Rahman who died on March 18, 2022 and Habibullah Bahar who died on August 9 of the similar yr.
An investigation record dated November 30, 2023, mentioned that there were violations of the Securities Act in regards to the assortment and use of coverage finances for traders. On this case, because the DSE government didn’t accumulate the finances correctly, the investigation record additionally raised questions on its use.
As a result of this, the BSEC has been summoned to present a proof on December 23 at 10:30 am. The place the overdue 2 administrators of DSE Rakibur Rahman and Habibullah Bahar also are named.
A director of DSE says calling useless other people as BSEC’s summons is not sensible. He mentioned that we all know that Habibullah Bahar and Rakibur Rahman died. All media of the rustic have reported their loss of life. BSEC has summoned them on this state of affairs. How the one who died will seem within the listening to. BSEC has acted very unprofessionally and proven incompetence with this subpoena.
He additionally mentioned that the BSEC had summoned the former board in accordance with an inquiry record. On this case, the BSEC government have summoned the DSE investigation record intimately. However to start with, it was once important to study how correct the record is.
When contacted, BSEC Govt Director and Spokesperson Mohammad Rezaul Karim advised Jago Information, “We (BSEC) additionally know that they’re useless.” The letter has been given knowingly. That is carried out to apply the principles. There’s not anything improper with BSEC right here. Their names will likely be overlooked at the day of listening to.
MAS/SIT/ASM
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