The
Bangladesh Securities and Exchange Commission (BSEC) has launched an
investigation into various allegations, including stock market irregularities,
against Salman F Rahman, the former Adviser for Private Industry and
Investment to the Prime Minister, along with his family members as well as
companies under his control. Additionally, BSEC has ordered an inquiry into
Saiful Alam, the chairman of S Alam Group, as well as his wife, son-in-law,
and other relatives, to determine whether any irregularities occurred in the capital
market as a result of his company activities.
This
information was disclosed in a directive issued today (Monday, September 9) by
BSEC Director Md. Mahmoodul Haque.
According
to the details, BSEC has formed a four-member committee to investigate Salman
F Rahman and S Alam. The committee members are BSEC Director Mohammad Abul
Hasan, Additional Director Md. Nazrul Islam, Assistant Director Amit Kumar
Saha, and Tauhidul Islam Saddam.
The
committee has been instructed to submit a report to the commission within 60
working days.
It
is worth noting that on August 14, reports about alleged irregularities
involving S Alam Group and Salman F Rahman were published in the media,
prompting BSEC to initiate the investigation.