Sunday, 24 November, 2024
E-Paper বাংলা
Headline
Publish: 18:11, 01 Oct, 2024 Updated:

4 people, 5 firms fined Tk428cr over Beximco share manipulation

Online Desk
4 people, 5 firms fined Tk428cr over Beximco share manipulation
সংগৃহীত ছবি

Nine investors of Beximco Ltd have been fined Tk428.52 crore, the highest financial penalty in the country’s stock market history, for manipulating the share price of the company, reports Daily Sun.

The Bangladesh Securities and Exchange Commission (BSEC) took the decision in this regard in its 924th meeting held Tuesday, it said in a press statement.

Among the penalised investors, four are individual investors and the remaining five are institutional investors.

Mosfequr Rahman has been fined Tk125 crore, Momatazur Rahman Tk58 crore, Abdur Rouf Tk31 crore and Marzana Akter Tk30 crore.

Among the institutional investors, Crescent Ltd has been fined Tk73 crore, Art International Ltd Tk70 crore, Jupiter Business Ltd Tk22.59 crore, Apollo Trading Ltd Tk15 crore and Tradenext International Ltd Tk4.1 crore.

Bd-pratidin English/Tanvir Raihan

More News
Gold price hiked by Tk2,823 per bhori
Gold price hiked by Tk2,823 per bhori
Bangladesh Bank criticizes Moody’s downgrade rating
Bangladesh Bank criticizes Moody’s downgrade rating
Adani shares plunge again in India following founder’s U.S. bribery charges
Adani shares plunge again in India following founder’s U.S. bribery charges
IMF Loans: A Double-Edged Sword for Bangladesh
IMF Loans: A Double-Edged Sword for Bangladesh
Bitcoin nears $100,000 amid optimism over Trump's crypto policies
Bitcoin nears $100,000 amid optimism over Trump's crypto policies
Opportunities created to decrease fuel oil price further: BPC chairman
Opportunities created to decrease fuel oil price further: BPC chairman
South Korea donates $2mn to support WFP’s Rohingya food aid in Bangladesh
South Korea donates $2mn to support WFP’s Rohingya food aid in Bangladesh
Dollar stagnates as market evaluates Trump policies and fed outlook; Bitcoin soars
Dollar stagnates as market evaluates Trump policies and fed outlook; Bitcoin soars
Bitcoin tops $95,000 for 1st time
Bitcoin tops $95,000 for 1st time
BB issues guidelines for operations of business in country by JVCA
BB issues guidelines for operations of business in country by JVCA
TCB launches potato sales at tk40/kg starting today
TCB launches potato sales at tk40/kg starting today
VAT on edible oil reduced to 5% to stabilise prices
VAT on edible oil reduced to 5% to stabilise prices
Latest News
COP29: Climate-vulnerable nations walk out of overtime talks
COP29: Climate-vulnerable nations walk out of overtime talks

7 hours ago | International

Jubo League leader Samrat’s aide arrested from Tongi
Jubo League leader Samrat’s aide arrested from Tongi

7 hours ago | City

New submarines to join Iran’s navy fleet
New submarines to join Iran’s navy fleet

7 hours ago | International

Storm Bert wreaks havoc across UK-Ireland with heavy rain, snow
Storm Bert wreaks havoc across UK-Ireland with heavy rain, snow

8 hours ago | International

475 killed in 452 road accidents in October
475 killed in 452 road accidents in October

8 hours ago | National

BCB set to launch NCL T20 to hone local players' skill
BCB set to launch NCL T20 to hone local players' skill

8 hours ago | Sports

Gold price hiked by Tk2,823 per bhori
Gold price hiked by Tk2,823 per bhori

8 hours ago | Economy

Local elections should precede 13th JS poll after needed reforms: Dr Tofail Ahmed
Local elections should precede 13th JS poll after needed reforms: Dr Tofail Ahmed

9 hours ago | National

Make sure no innocent person to be harassed: IGP
Make sure no innocent person to be harassed: IGP

9 hours ago | National

Astronauts Sunita, Butch suffer from food crisis in Space
Astronauts Sunita, Butch suffer from food crisis in Space

9 hours ago | Tech

Experts say digital clutter affects mental health, productivity
Experts say digital clutter affects mental health, productivity

9 hours ago | Lifestyle

Debutant Priyanka Gandhi wins Wayanad by-election
Debutant Priyanka Gandhi wins Wayanad by-election

10 hours ago | International

Fashion show by Indian slum children is wowing world
Fashion show by Indian slum children is wowing world

10 hours ago | Showbiz

Erdogan hails ICC arrest warrants for Netanyahu
Erdogan hails ICC arrest warrants for Netanyahu

10 hours ago | International

Jubo League activist seen firing on student protesters arrested
Jubo League activist seen firing on student protesters arrested

10 hours ago | City

Putin vows more tests of nuke-capable missile fired at Ukraine
Putin vows more tests of nuke-capable missile fired at Ukraine

10 hours ago | International

Farida Akhter urges immediate action to protect haor fish breeding
Farida Akhter urges immediate action to protect haor fish breeding

10 hours ago | National

DoE runs cleanliness drive and awareness campaigns in Barisal
DoE runs cleanliness drive and awareness campaigns in Barisal

11 hours ago | National

Long-term plan needed for Rohingya repatriation: Foreign Affairs Advisor
Long-term plan needed for Rohingya repatriation: Foreign Affairs Advisor

11 hours ago | National

Electing President through direct votes under consideration
Electing President through direct votes under consideration

11 hours ago | National

3 arrested for racist comment at Liga Clasico
3 arrested for racist comment at Liga Clasico

11 hours ago | Sports

India affirm control as Jaiswal, Rahul ensure 218-run lead
India affirm control as Jaiswal, Rahul ensure 218-run lead

11 hours ago | Sports

Paharia language keyboard launched
Paharia language keyboard launched

11 hours ago | City

Dengue claims 10 more lives
Dengue claims 10 more lives

11 hours ago | National

'Tarique Rahman’s leadership was unique in mass uprising'
'Tarique Rahman’s leadership was unique in mass uprising'

12 hours ago | National

Sonakshi Sinha shares her love story, recalls being the first to say "I Love You" to Zaheer Iqbal
Sonakshi Sinha shares her love story, recalls being the first to say "I Love You" to Zaheer Iqbal

12 hours ago | Showbiz

Gold jewelry valued at Tk 3.8 million seized in Chuadanga
Gold jewelry valued at Tk 3.8 million seized in Chuadanga

12 hours ago | City

Plots will increase if elections are delayed: Tarique Rahman
Plots will increase if elections are delayed: Tarique Rahman

12 hours ago | National

3 women footballers accorded grand reception in Rangamati for winning SAFF Championship
3 women footballers accorded grand reception in Rangamati for winning SAFF Championship

12 hours ago | Sports

Smuggled goods worth over Tk1.65cr seized at Sylhet-Sunamganj border
Smuggled goods worth over Tk1.65cr seized at Sylhet-Sunamganj border

12 hours ago | National

Most Read
‘Genocide-Free’ cola gains popularity in the United Kingdom
‘Genocide-Free’ cola gains popularity in the United Kingdom

15 hours ago | International

Bangladesh eyes on creating quality jobs for youths
Bangladesh eyes on creating quality jobs for youths

14 hours ago | National

OpenAI invests in research on ‘AI Morality’
OpenAI invests in research on ‘AI Morality’

14 hours ago | Tech

Dozens Jewish extremists try to attack IDF’s top commander
Dozens Jewish extremists try to attack IDF’s top commander

13 hours ago | International

Trudeau dances while Montreal burns
Trudeau dances while Montreal burns

13 hours ago | International

Trump could ban British lawyer leading Netanyahu ICC prosecution, reports say
Trump could ban British lawyer leading Netanyahu ICC prosecution, reports say

21 hours ago | International

South Korea's development: A model for our future growth
South Korea's development: A model for our future growth

16 hours ago | Special

Suspected of matricide ‘drug addict’ surrenders to police in Cox’s Bazar
Suspected of matricide ‘drug addict’ surrenders to police in Cox’s Bazar

15 hours ago | National

Plots will increase if elections are delayed: Tarique Rahman
Plots will increase if elections are delayed: Tarique Rahman

12 hours ago | National

Fashion show by Indian slum children is wowing world
Fashion show by Indian slum children is wowing world

10 hours ago | Showbiz

Dhaka-Benapole train service via Padma Bridge from Dec 2
Dhaka-Benapole train service via Padma Bridge from Dec 2

18 hours ago | National

Drug lords eye Bangladesh
Drug lords eye Bangladesh

14 hours ago | National

Paharia language keyboard launched
Paharia language keyboard launched

11 hours ago | City

BNP declines responsibility
BNP declines responsibility

19 hours ago | National

3 IUT students die as picnic bus gets electrocuted in Gazipur
3 IUT students die as picnic bus gets electrocuted in Gazipur

16 hours ago | City

Make sure no innocent person to be harassed: IGP
Make sure no innocent person to be harassed: IGP

9 hours ago | National

'Bhagam Bhag 2' confirmed! Akshay Kumar, Govinda, and Paresh Rawal to return!
'Bhagam Bhag 2' confirmed! Akshay Kumar, Govinda, and Paresh Rawal to return!

16 hours ago | Showbiz

'Be patient, just for a little while'
'Be patient, just for a little while'

15 hours ago | Special

Son hacks mother to death in Cox's Bazar
Son hacks mother to death in Cox's Bazar

13 hours ago | City

NATO chief talks with Trump on global security issues
NATO chief talks with Trump on global security issues

13 hours ago | International

Saudi Arabia enters cricket scene with major investment in IPL auction
Saudi Arabia enters cricket scene with major investment in IPL auction

13 hours ago | Sports

World's tallest and shortest women share tea in London
World's tallest and shortest women share tea in London

20 hours ago | International

US reports first bird-flu case in a child
US reports first bird-flu case in a child

18 hours ago | International

New CEC Nasir Uddin and four commissioners to take oath tomorrow
New CEC Nasir Uddin and four commissioners to take oath tomorrow

20 hours ago | National

Bowlers struggle to claim five Windies wickets on Day 1
Bowlers struggle to claim five Windies wickets on Day 1

19 hours ago | Sports

Efforts in progress to stabilize market ahead of Ramadan: Commerce Adviser
Efforts in progress to stabilize market ahead of Ramadan: Commerce Adviser

14 hours ago | National

Gold jewelry valued at Tk 3.8 million seized in Chuadanga
Gold jewelry valued at Tk 3.8 million seized in Chuadanga

12 hours ago | City

Bangladesh Bank criticizes Moody’s downgrade rating
Bangladesh Bank criticizes Moody’s downgrade rating

20 hours ago | Economy

Israeli strikes kill a hospital director in Lebanon and wound 9 medics in Gaza
Israeli strikes kill a hospital director in Lebanon and wound 9 medics in Gaza

19 hours ago | International

Lagnajita Chakraborty’s 10-year journey to perfect a song!
Lagnajita Chakraborty’s 10-year journey to perfect a song!

14 hours ago | Showbiz