In the end, there’s proof of percentage manipulation in opposition to cricketer Shakib Al Hasan. The Bangladesh Securities and Alternate Fee (BSEC) has fined this cricketer 50 lakh rupees for being excited about manipulation.
This penalty was once determined within the fee assembly hung on Tuesday (September 24) beneath the chairmanship of BSEC chairman Khandkar Rashed Maqsood. Shakib Al Hasan did this manipulation with the stocks of Paramount Insurance coverage indexed within the capital marketplace.
With the exception of Shakib Al Hasan, the mentioned manipulator of the inventory marketplace Abul Khair alias Hiru, they father Abul Kalam Matbar, Md. Proof of involvement in fraud in opposition to Zahid Kamal, Hiru’s company Monarch Mart, Ishal Communique and Lava Electrodes Industries. On account of this, those people and establishments have additionally been fined.
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Previous, cricketer Shakib Al Hasan’s identify got here up within the investigation record of more than one percentage manipulations. On the other hand, the fee led through former chairman of BSEC Professor Shibli Rubaiyat-ul-Islam didn’t wonderful him declaring that no proof of manipulation was once discovered.
Bangladesh Nationwide Insurance coverage, IPDC Finance, Fortune Suze, BDCom On-line, NRB Industrial Financial institution and One Financial institution percentage manipulation record incorporated Shakib Al Hasan’s identify. On the other hand, he was once now not fined for manipulating the stocks of those firms. That is the primary time that proof of percentage manipulation was once discovered in opposition to Shakib and he was once fined.
Previous, each time Shakib’s identify got here up within the investigation of percentage manipulation, the identify of the mentioned percentage manipulation Abul Khair Hiru was once there. Whilst there was once no proof of rigging in opposition to Shakib, there was once proof of rigging in opposition to Hiru and he was once fined.
This time once more, the identify of Hiro got here up within the percentage manipulation with Shakib. Hiroo has been fined Tk 25 lakh and Shakib Al Hasan Tk 50 lakh for involvement in Paramount Insurance coverage percentage manipulation.
As well as, Hiru’s father Abul Kalam Matbar 10 lakh taka, Md. Zahid Kamal was once fined Tk 1 lakh, Hiru’s corporate Monarch Mart Tk 1 lakh, Ishal Communique Tk 75 lakh and Lava Electrodes Industries Tk 1 lakh.
Previous, cricketer Shakib Al Hasan’s appointment as goodwill ambassador of BSEC’s ‘National Funding Training Program’ was once cancelled. BSEC took this determination through keeping an emergency assembly on August 28.
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