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Bank accounts of ex-BSEC chairman Shibli Rubayat, 7 others suspended

Dhaka, Friday


31 January 2025


Business Insider Bangladesh

Bank accounts of ex-BSEC chairman Shibli Rubayat, 7 others suspended

BI Report, Dhaka || BusinessInsider

Published: 00:25, 21 August 2024  
Bank accounts of ex-BSEC chairman Shibli Rubayat, 7 others suspended

Photo: Collected

The Bangladesh Financial Intelligence Unit (BFIU) on Tuesday asked banks to freeze the accounts of Shibli Rubayat Ul Islam, former chairman of the Bangladesh Securities and Exchange Commission (BSEC), and his family members.

The central bank has asked banks to suspend locker facilities extended to Shibli and his family members for 30 days since the issuance of the BFIU letter.

Shibli Rubayat resigned from his post on August 10 citing health reasons.

The central bank has asked banks to suspend locker facilities extended to Shibli and his family members for 30 days since the issuance of the BFIU letter.

Shibli Rubayat resigned from his post on August 10 on health grounds.

The other seven persons are Zuhayar Sarar Islam, son of Shibli Rubayat, Saydur Rahman, former president of Bangladesh Merchant Bankers’ Association (BMBA), Md Abul Khair and Javed A Matin, widely known as share market manipulators, Moniza Choudhury, managing director of Asset Management Company CWT.

The BFIU also asked all authorities concerned to freeze all bank accounts of Md Delwar Hossain and Shariful Islam.

However, further details about the two persons could not be known immediately.