BO accounts of Shibli, his son, 9 others frozen
Staff Correspondent
]The Bangladesh Securities and Exchange Commission (BSEC) has ordered the country's stock exchanges and the Central Depository Bangladesh Limited to freeze shares of 11 individuals, including former BSEC chairman Shibli Rubayat-Ul Islam, his son Zuhayer Sarar Islam, and nine others connected to the stock market.
Other individuals are Sayadur Rahman, managing director of EBL Securities and former president of the Bangladesh Merchant Bankers Association (BMBA) and his wife Ferdoushi Begum; controversial investors Md Abul Khair, popularly known as Hiru and his family members Kazi Sadia Hasan, Abul Kamal Matber, Konika Afroze, and Sajed Matber; Javed A Matin; and Moniza Choudhury from CWT Asset.
A top official of the BSEC, wishing anonymity, said the stock market regulator has imposed restrictions on the transfer or sale of shares by eight individuals.
