Tuesday, April 23, 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

Govt actions draw doubts

Stockmarket Crash Govt actions draw doubts The policymakers demonstrated their lack of seriousness in identifying the real culprits behind the recent stockmarket debacle, by taking 15 days time for forming a probe committee to investigate market manipulation, said analysts yesterday. They however said the finance minister’s confession of making mistakes, and his meeting