2024-08-22 17:02:26
Published: 20:59, 20 August 2024 Updated: 20:59, 20 August 2024
The bank accounts of eight persons, including Shibli Rubaiyat ul Islam, the former chairman of the capital market regulatory body Bangladesh Securities and Exchange Commission (BSEC), have been suspended. Bangladesh Financial Intelligence Unit (BFIU) issued this order to the banks on Tuesday (August 20).
Shibli Rubaiyat’s son Juhayer Sarar Islam, former president of Bangladesh Merchant Bankers Association (BMBA) is in this list. Chayedur Rahman, discussed in capital market manipulation. Abul Khair Hiru, capital market’s prominent person Javed A Matin, wealth management company CWT Monija Chowdhury, Md. Delwar Hossain and Shariful Islam. The identities of the last two on the list were not immediately known.
The BFIU has ordered the suspension of all past and present accounts in the name of the persons and their related persons and institutions for a period of 30 days. Besides, the details of these calculations have been asked to be submitted to the BFIU within five working days.
BFIU said, for the next 30 days, no transactions can be done in the name of these persons and their related institutions. Officials of Bangladesh Bank said that the period of suspending transactions as a bank will be extended due to the investigation.
According to the instructions, the banks and financial institutions shall send the relevant information or documents of all the suspended bank accounts, such as: account opening form, KYC and transaction statement etc., to the BFIU within five working days from the date of the letter.
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