The Bangladesh Securities and Alternate Price (BSEC) has fined nine traders of Beximco Ltd a document Tk428.52 crore for manipulating the company’s portion prices.
Here’s the main time a company’s traders had been fined this form of excessive quantity in the capital market’s historical previous.
The commission fined the traders in its 924th meeting this present day (1 October), it stated in a press statement.
Of the traders, Mosfequr Rahman has been fined the very finest Tk125 crore, Crescent Ltd has been fined Tk73 crore, Momatazur Rahman has been fined Tk58 crore, and Abdur Rouf has been fined Tk31 crore.
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