Saturday, April 27, 2024

Further probe needed before action: Muhith

He gives no timeline for fresh probe into share scam The government on Saturday made public the investigation report on January’s stock market debacle suggesting further investigation before bringing charges against any individuals or organisations but gave no timeline for a fresh probe. The finance minister, Abul Maal Abdul Muhith, at a briefing on Saturday ... Read more

Banking Division offers recipe for stockmarket

The Banking Division of the finance ministry has recommended 11 steps to the government as measures to curb stockmarket manipulation. The recommendations were based on a review of a report submitted by a stockmarket probe committee. According to the Banking Division, a law should be in place to regulate the issue of preference

HC asks govt to publicise share scam report

The High Court on Tuesday asked the finance ministry to publicise within ‘reasonable time’ the probe report on the recent share market scam in which thousands of investors lost their money and many small investors became bankrupt. The High Court vacation bench of Justice Syed Mohammad Ziaul Karim and Justice