Court Fixes March 3 for Shakib Market Manipulation Report

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Court Fixes March 3 for Shakib Market Manipulation Report

A Dhaka court has scheduled 3 March 2026 for the submission of the investigation report in the high profile share market manipulation case involving former national cricket captain and ex-MP Shakib Al Hasan and 14 others.

The case, filed over allegations of market manipulation, fraud, and money laundering, is being investigated by the Anti-Corruption Commission (ACC). The court set the new date after the ACC failed to submit the report on the previously scheduled day.

Other accused include former Registrar of the Department of Cooperatives Abul Khayer, his wife Kazi Sadia Hasan, and several individuals linked to illegal share trading activities.

According to the charges, the accused allegedly used personal BO accounts for fraudulent transactions, active trading schemes, gambling, and speculation, artificially inflating stock prices. This manipulation caused massive losses to ordinary investors, with Tk 256.97 crore embezzled, classified as “ill-gotten money.”

 

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