Tk 134 crore fined for share manipulation

Various individuals and institutions have been fined Tk 134 crore 55 lakh for their involvement in share manipulation in the capital market. The capital market regulator BSEC imposed a fine. This decision was taken in the 934th commission meeting of BSEC on Thursday.

Later in a press release, it was said that 6 individuals and organizations have been fined Tk 772.1 million for their involvement in Fortune Suze's share manipulation.

Besides, 8 individuals and organizations were fined 498.5 million taka for manipulation in Delta Life, and 8 people were fined 6.72 million taka for manipulating the shares of NRB Commercial Bank.

Among them, Abul Khair Hiroo, the person involved in the manipulation, was fined the most.

Bangladesh /MP