The Bangladesh Securities and Exchange Commission (BSEC), the stock market regulatory body, was monopolized by the chairman of the organization, Professor Shibli Rubaiyat-ul-Islam. Who became a dictator in the stock market. He didn’t care about any rules. However, along with Sheikh Hasina, her power also fell. Shibli did not work on Tuesday even though he was in the country.
A senior BSEC official said that Professor Shibli returned to the country on Sunday night. But he did not come to office today. Besides, the commission meeting was supposed to be held on Wednesday but it has been postponed.
There is no such irregularity in this Shibli stock market, which he did not do. He did whatever he wanted without regard to the law. Whoever did not like it, he was punished unjustly. He did not punish anyone who had done wrong.
Apart from this, Professor Shibli has done all kinds of illegal activities through stock market manipulation. He also helped in wrongdoing.
This Shibli made money in various ways by approving IPOs in the stock market, manipulating others in the secondary market, bringing weak companies to the main market, 15 percent of the shares allotted to the officers and employees of the IPO quota. Company, without punishing wrongdoers.
